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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INOMICS Job Market Report 2013 Worldwide Overview En