inomics job market report 2013 worldwide overview en
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Economics Job Market Report 2013Worldwide Overview
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TABLE OF CONTENTS
IV. Recruiters: Economics Job Market Outlook _____________________________________________________________________________________________________________ 33 1. Recruiters: Prole of Respondent s
a. Demographic and Professional Prole Types of Institutions Represented by Recruiters Countries of Residence ______________________________________________________________________________________________________________________________________ 34 2. Recruiters: Perspectiv es of the Economics Job Market ________________________________________________________________________________________ 35 a. Latest Trends in the Economics Job Market: Demand and Salaries Latest Open Positions for Economists Minimum Education Requiremen ts _________________________________________________________________________________________________________________ 36 Minimum Work Experien ce Requirement s ____________________________________________________________________________________________________ 37 Fields of Specialization ______________________________________________________________________________________________________________________________________ 38 Range of Salaries and Average Salaries by Position ___________________________________________________________________________________ 40 b. Preferences of Employers When Choosing a Candidate ____________________________________________________________________________________ 42 The Most Important Factors When Choosing a Candidate
Geographic Preferences of Recruiting Institutions (Regional vs International Applicants) andSpecics by Country ___________________________________________________________________________________________________________________________________________ 43
c. Selection Process ______________________________________________________________________________________________________________________________________________________ 44 Number of Applications per Position
Interviews and Specics by Country _______________________________________________________________________________________________________________ 45
V. Appendix _______________________________________________________________________________________________________________________________________________________________________ 46 1. Number of Respondent s per Question 2. List of Figures ________________________________________________________________________________________________________________________________________________________________ 48
I. Executive Summary and Key Findings ________________________________________________ _________________________________________________ ____________________ 05II. Methodology __________________________________________________ _________________________________________________ _________________________________________________ ____________ 10III. Economists: Economics Job Market Outlook ______________________________________________ _________________________________________________ ____________ 13 1. Economists: Prole of Respondents
a. Demographics _____________________________________________________________________________________________________________________________________________________________ 14 Age Groups
GenderCountries of Residence
b. Professional Prole __________________________________________________________________________________________________________________________________________________ 15 Completed Academic Degrees Work Experience _________________________________________________________________________________________________________________________________________________ 16 Types of Employers _____________________________________________________________________________________________________________________________________________ 17 Positions _______________________________________________________________________________________________________________________________________________________________ 18 c. Fields of Specialization ______________________________________________________________________________________________________________________________________________ 19 Fields of Specialization Studied
2. Economists: Perspectives of the Economics Job Market ____________________________________________________________________________________ 22 a. Level of Mobility of Respondents: Professionally and Geographically Level of Mobility Between Different Fields of Specialization
Level of Mobility Between Countries & Regional Comparison ___________________________________________________________________ 23 b. Preferences of Economists in the Job Market _____________________________________________________________________________________________________ 24 Important Factors for Economists When Choosing a Job & Regional Comparison
Preferred Employers of Economics Graduates _____________________________________________________________________________________________ 25 c. Salaries of Economists: Average Salaries and Income Distribution _______________________________________________________________ 26 General Overview of Salaries: Average Income of Economists Experien ce: Income Distribution and Average Income Positions: Income Distribution and Average Income ___________________________________________________________________________________ 28 Regional Compariso n: Average Income of Economists by Position __________________________________________________________ 29 Academic Degrees: Income Distribution and Average Income __________________________________________________________________ 30
Regional Comparison: Value of Academic Degrees _____________________________________________________________________________________ 31
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> Demand for Economists in the Job MarketLevel of Open Positions: !"# )/K'0*2= 'C 0#(2'4#( K'- E/&/(&*#+ /0# C'0 40'C#++*'(/
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1. Economists: Profile of Respondents
Even though there is a general trend of more male respondents, the ratio varied according to theregion. Thus, Australia had the lowest number of female respondents (24 percent), and Italy andGermany the highest (44 percent and 45 percent respectively). To read more about regional trends,see our Regional Reports.
Age Groups
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Figure 3. Countries of Residence of Respondents
Completed Academic Degrees
b. Professional Profile
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Work Experience
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Positions
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Figure 26. Salaries for the Latest Open Positions for Economists by Position (annually, US$)
86,000
76,000
76,000
57,000
50,000
46,000
38,000
37,000
29,000
26,000
Full Professor
Associate Professor
Assistand Professor
Lecturer
PostDoc
Analyst/Economist
Researcher
Other
PhD Student
Teaching Assistant / Instructor
B/
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VII. Appendix1. Number of Respondents per Question
Question Number of respondentsIII. Economists: Economics Job Market Outlook 1966
1. Economists: Proles of Respondentsa. Demographics
Age groups 1627
Gender 1583
Countries of residence 1966
b. Professional Prole
Completed Academic Degrees 1814
Work Experience 1883
Types of Employers 1058
Positions 1789
c. Fields of Specialization
Fields of Specialization Studied 1916
2. Economists: Perspectives of the Economics Job Marketa. Level of Mobility of Respondents: Professionally and Geographically
Level of Mobility Between Different Fields of Specializa tion 1038
Level of Mobility Between Countries & Regional Comparison 1966
b. Preferences of Economists in the Job Market
Important Factors for Economists When Choosing a Job & Regional Comparison 1607
Preferred Types of Employers for Economics Graduates 720
General Overview of Salaries: Average Income of Economists 1461
Experience: Income Distribution and Average Income 1348
Positions: Income Distribution and Average Income 1353
R eg io na l C om pa ri so n: Ave ra ge I nc om e o f E co no mi st s b y P os it io n 5 71
Academic Degrees: Income Distribution and Average Income 1353
Regional Comparison: Value of Academic Degrees 861
IV. Recruiters: Economics Job Market Outlook 404
1. Recruiters: Prole of Respondentsa. Demographic and Professional Prole
Types of Institutions Represented by Recruiters 400
Countries of Residence 404
2. Recruiters: Perspectives of the Economics Job Marketa. Latest Trends in the Economics Job Market: Demand and Salaries
Latest Open Positions for Economists 241
Minimum Education Requirements 240
Minimum Work Experience Requirements 241
Fields of Specialization 241
Range of Salaries / Average Salaries per Position 229/219
b. Preferences of Employers when Choosing a Candidate
The Most Important Factors When Choosing a Candidate 210
Geographic Preferences of Recruiting Institutions (Regional vs International Appli-cants) and Specics by Country
210
c. Selection Process
Number of Applications per Position 207
Interviews and Specics by Country 208
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