224311: Economist

Labour market

Skills assessment

Agreements

Labour market

Skills assessment

Agreements

ANZSCO Identity

ANZSCO code

224311

Skill level

Level 1

Unit group

2243

Economists

Skills assessor

VETASSESS

ANZSCO 224311 identifies Economist as a Skill Level 1 occupation in the Economists unit group (2243), classified under Business, Human Resource and Marketing Professionals. Performs economic research and analysis, develops and applies theories about production and distribution of goods and services and people's spending and financial behaviour, and provides advice to governments and organisations on economic policy issues. It may also be known as Economic Analyst. Common specialisations include Agricultural Economist, Econometrician, Economic Forecaster. The designated skills assessing authority for this occupation is Vocational Education and Training Assessment Services (VETASSESS).

Migration snapshot

Labour marketEconomist is not in shortage in Australia.

Visa pathways11 pathways are available for this occupation, including employer sponsored and General Skilled Migration options.

Occupation listsListed on the Medium and Long-term Strategic Skills List (MLTSSL), influencing which skilled migration visas it is eligible for.

AgreementsAccessible via a Designated Area Migration Agreement (DAMA).

Workforce snapshot

Based on ABS data, workers in the Economists unit group earn an average of $2,315 per week — above the national average of $1,436 per week. The average age of workers in this group is 33.5 years, younger than the national workforce average of 41 years.

Avg. weekly earnings

$2,315

↑ 61% above national avg

Average age

33.5 yrs

↓ younger than national avg

Bar scale to $3,000/wk · Marker line = $1,436 national average

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