Labor Market Analyst (Economist) - Salary and Career

Labor Market Analyst (Economist) - Career description, activities, functions and salary

They analyze the economic environment, design and execute economic, market and economic feasibility research projects, among others. They participate in strategic and short-term planning and assess collective impact policies for the government, NGOs and other organizations. They manage economic-financial programming, operate in domestic and foreign markets, examine corporate finances. They can exercise mediation, expertise and arbitration.

How much does an Labor Market Analyst (Economist) earn

A Labor Market Analyst (Economist) earns between $2.031 and $17.576 per month, with an average monthly salary of $6.358 and a median salary of $4.931 according to an salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 1.872 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Labor Market Analyst (Economist)

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 6.358 76.302 1.590 31
1º Quartile 2.031 24.366 508 10
Median Salary 4.931 59.172 1.233 24
3º Quartile 13.404 160.850 3.351 65
Higher Salary 17.576 210.912 4.394 85

Professional job categories

  • Science and arts professionals
    • professionals of the social sciences and humanities
      • social scientists, psychologists
        • economists

Related Positions:

Main workplaces

Economists they work in companies of various economic activities such as financial intermediation, insurance and private pension, public administration, social security, economic consulting companies, in agriculture, livestock, industry and services related to these activities, in wholesale trade and trade intermediaries. They are mostly statutory or salaried employees with a formal contract, work as a team, with permanent supervision, in a closed environment and during daytime hours.

What does it take to work in the field of Economists

The exercise of these occupations requires a higher degree in economic sciences or a postgraduate degree in economics and registration with the Regional Council of Economics. The full performance of activities occurs after one or two years of experience in the area.

Functions and activities of Labor Market Analyst (Economist)

Economists must:

  • elaborate projects (economic research, market research, economic feasibility etc);
  • evaluate collective impact policies (government, ngos, other organizations);
  • manage economic-financial programming;
  • analyze economic environment;
  • act in internal and external markets;
  • evaluating collective impact policies (government, ngos, other organizations);
  • examine corporate finance;
  • elaborate projects (economic research, markets, economic feasibility etc);
  • acting in domestic and foreign markets;
  • exercise mediation, expertise and arbitration;
  • acting in internal and external markets;
  • demonstrate personal skills;
  • participate in strategic and short-term planning;
  • work in internal and external markets;
  • execute projects (economic research, market research, economic feasibility etc);
  • communicate;
  • exercising mediation, expertise and arbitration;

  • Activities

    • browse bibliography;
    • mediate conflicts of interest;
    • collect data;
    • value equity;
    • display communications at events;
    • show creativity;
    • manage risks;
    • dialogue with the media;
    • verify company information (due diligence);
    • determine sources;
    • define a schedule;
    • analyze conjunctures;
    • recruit staff;
    • monitor market indicators;
    • define products and results;
    • delimit object;
    • demonstrate verbal ability in foreign languages;
    • develop indicators;
    • assist in the formulation of trade policies;
    • ask for comparative advantages;
    • assist in marketing policies;
    • pricing products and services;
    • recommend policies;
    • estimate results;
    • adapt language to the audience;
    • manage customer portfolio (portfolio);
    • negotiate projects;
    • scaling human and physical resources;
    • delineate problem;
    • verify implementation of proposed actions;
    • predict competitors' performance;
    • suggest technology adoption;
    • measure consequences of actions;
    • select funding sources;
    • subsidize decisions;
    • manage cash flow;
    • calculate company market value;
    • budget projects;
    • criticize data;
    • formulate abstract concepts;
    • keep up to date;
    • creating financial products;
    • detect new markets;
    • propose actions;
    • manage databases;
    • give lectures;
    • monitoring compliance with regulations;
    • perform financial statement analysis;
    • define methodology;
    • interpret results;
    • demonstrate ability to use computer resources;
    • identify market structure (competition);
    • issuing reports and opinions;
    • indicate merger, acquisition, partnership etc;
    • process data;
    • work as a team;
    • reveal critical judgment;
    • develop collection instruments;
    • establish an arbitration award;
    • coordinate projects;
    • estimate profitability and economic-financial viability;
    • generate evaluation parameters;
    • perform sectoral and regional analyses;
    • estimate private costs;
    • confront alternative costs;
    • write articles, books, economic bulletins and reports;
    • analyze long-term trends;
    • plan investments (capital budgets);
    • confronting alternative costs;
    • representing interests in national and international negotiations;
    • estimate demand;
    • transmit knowledge;
    • analyze political-institutional environment;
    • list action alternatives;
    • mediate conflicts of interest;
    • analyze socio-economic and environmental sustainability;
    • interpret results;
    • train staff;
    • perform credit analysis;
    • teach courses;
    • define schedule;
    • apply quantitative methods;
    • indicate merger, acquisition, partnership, etc;
    • estimate social and environmental impacts (externalities);
    • indicate merger, acquisition, partnership etc;
    • establish arbitration award;
    • checking barriers to competition;
    • subsidizing the formulation of rules, regulations and contracts;
    • build scenarios;
    • justify project;
    • monitor budget execution;
    • identify opportunities and threats in the environment and in the organization;
    • demonstrate leadership ability;
    • criticize data;
    • show creativity;
    • demonstrate logical reasoning;
    • assess adequacy of actions to the problem;

    Sectors that hire Labor Market Analyst (Economist) the most in the job market

    • document preparation and specialized administrative support services
    • combined office and administrative support services
    • business management consulting activities
    • fund management activities by contract or commission
    • accounting activities
    • temporary labor lease
    • securities and securities brokers
    • multiple banks, with commercial portfolio
    • other service activities provided mainly to companies
    • activities of associations for the defense of social rights

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