The Celestar Corporation has an IMMEDIATE NEED to identify an Economic Analyst who will be seated in the Southeast DC Area for this LIVE opportunity. Please review the position description below. If interested and qualified, we welcome you to apply for this challenging opportunity.
CLEARANCE REQUIREMENT: None - However, you must be a US or Naturalized Citizen who can favorably Pass a National Agency Check, Law and Credit (NACLC) Investigation
RESPONSIBILITIES
* Conducts research to support regulatory assessments and economic studies; this involves general research, such as, basic internet searches, spreadsheet manipulation of industry population and cost data, literature searches and the documentation of the analytical findings.
* Conducts research in support of regulatory flexibility analyses under the authority and guidance of the Regulatory Flexibility Act as amended in 1996 by the Small Business Regulatory Enforcement Fairness Act (SBREFA) and EO 13272.
* Supports of Collection of Information (COI) and paperwork burden analysis.
* Analyzes, develops, compiles, and sorts data from industry, government agencies, and other sources for regulatory studies and analyses.
* Gathers data and information, and supports assessments of social, economic, and other impacts on proposed rules.
* Provides administrative support including data entry, proofreading, copying, collating, assembling, mailing, filing, and formatting publications and documents.
REQUIREMENTS
* Bachelor Degree with Three (3) - Five (5) Years of Direct Experience Supporting Economic Analysis and Research.
* Must have a demonstrated understanding of regulatory cost-benefit analyses.
* Demonstrable record of working on project teams while working on multiple projects.
* Experience with regulatory research Preferred.
* Proven track record of producing professional, clear documentation throughout a complete project cycle.
* Expert-level skills with Microsoft Word and Excel; strong proficiency with PowerPoint.
* Must be able to work onsite in DC (SE) Monday - Friday (No Telework).
* Must have or be able to obtain (and maintain) a government clearance.
IMPORTANT NOTE: This is a Best Athlete Selection Process! Please ensure that the required and/or desired experience is reflected on your resume to receive fair and competitive consideration.
Come onboard with a company that Values its Employees!
Celestar, a Veteran Owned Company, is Very Competitive with Salaries and Benefits. As an example, we offer Company Paid Benefits that include Employee and Family Dental Insurance, Employee Health Insurance, Life Insurance and Short Term Disability Insurance. We also offer a 401k retirement company match, paid Holidays and Personal Time Off!
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How to hire an economic analyst
Economic analyst hiring summary. Here are some key points about hiring economic analysts in the United States:
- In the United States, the median cost per hire an economic analyst is $1,633.
- It takes between 36 and 42 days to fill the average role in the US.
- Human Resources use 15% of their expenses on recruitment on average.
- On average, it takes around 12 weeks for a new economic analyst to become settled and show total productivity levels at work.
How to hire an economic analyst, step by step
To hire an economic analyst, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire an economic analyst:
Here's a step-by-step economic analyst hiring guide:
- Step 1: Identify your hiring needs
- Step 2: Create an ideal candidate profile
- Step 3: Make a budget
- Step 4: Write an economic analyst job description
- Step 5: Post your job
- Step 6: Interview candidates
- Step 7: Send a job offer and onboard your new economic analyst
- Step 8: Go through the hiring process checklist
What does an economic analyst do?
An economic analyst is in charge of observing and analyzing the economy's state to assist a company in its decision-making endeavors. Their responsibilities revolve around keeping track of different markets, learning the impact of politics and important events to the economy, gathering data from various departments, and creating business plans and forecasts based on the findings. Moreover, in a company setting, an economic analyst may produce progress reports and presentations, mentor younger analysts, and implement the company's policies and regulations.
Post an economic analyst job for free, promote it for a fee
Identify your hiring needs
Before you post your economic analyst job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an economic analyst for hire on a part-time basis or as a contractor.
Determine employee vs contractor statusIs the person you're thinking of hiring a US citizen or green card holder?An economic analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, economic analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of economic analysts and their corresponding salaries.
Type of Economic Analyst Description Hourly rate Economic Analyst Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments. $23-51 Analyst Internship An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement... Show more $13-25 Business & Finance Analyst A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization... Show more $24-47 Create an ideal candidate profile
Common skills:- SQL
- SAS
- Data Analysis
- Financial Analysis
- PowerPoint
- Medicaid
- Analyze Data
- Visualization
- Market Research
- Data Warehouse
- Stata
- Macro
- Financial Data
- Medical Management
Responsibilities:- Learned VBA and create a macro to automate the production process.
- Manage project team meetings using SharePoint calendars.
- Code and implement SQL and/or SAS code to obtain data for reporting and analysis.
- Simulate generator outages and competitive market supply curves via SAS, MATLAB and STATA.
- Employ SAS and Stata to calculate Elzinga-Hogarty estimations, Herfindahl and Hedonic price indexes.
- Work as an economic consultant on client cases in litigation support, transfer pricing, and other economic issues.
Make a budget
Including a salary range in your economic analyst job description is one of the best ways to attract top talent. An economic analyst can vary based on:
- Location. For example, economic analysts' average salary in hawaii is 39% less than in district of columbia.
- Seniority. Entry-level economic analysts 54% less than senior-level economic analysts.
- Certifications. An economic analyst with certifications usually earns a higher salary.
- Company. Working for an established firm or a new start-up company can make a big difference in an economic analyst's salary.
Average economic analyst salary
$72,501yearly
$34.86 hourly rateEntry-level economic analyst salary$49,000 yearly salaryUpdated December 16, 2025Average economic analyst salary by state
Rank State Avg. salary Hourly rate 1 District of Columbia $91,261 $44 2 California $88,577 $43 3 New York $85,945 $41 4 Washington $83,918 $40 5 Massachusetts $82,124 $39 6 Arizona $81,558 $39 7 Texas $72,967 $35 8 Minnesota $72,881 $35 9 Ohio $72,429 $35 10 Connecticut $71,298 $34 11 Nevada $70,953 $34 12 Illinois $70,879 $34 13 Colorado $66,502 $32 14 Georgia $64,615 $31 15 Florida $59,209 $28 16 Oklahoma $56,110 $27 17 Hawaii $55,997 $27 Average economic analyst salary by company
Rank Company Average salary Hourly rate Job openings 1 The Citadel $147,816 $71.07 4 2 Warburg Pincus $120,086 $57.73 3 Amazon $108,635 $52.23 160 4 Etsy $102,542 $49.30 5 Baker McKenzie $102,522 $49.29 6 HSBC Bank $100,420 $48.28 3 7 Caterpillar $97,871 $47.05 8 MJX Asset Management $94,602 $45.48 9 Federal National Mortgage Association $92,509 $44.48 2 10 Robins Kaplan Miller & Ciresi L.L.P. $88,966 $42.77 11 Smith & Nephew $87,285 $41.96 12 Stripe $87,205 $41.93 11 13 EmblemHealth $86,930 $41.79 5 14 Qualcomm $86,667 $41.67 12 15 Boeing $83,466 $40.13 35 16 U.S. Bank $83,035 $39.92 135 17 PSEG $82,467 $39.65 1 18 New York Power Authority $82,033 $39.44 19 Unitedheath Group $81,984 $39.42 20 Fifth Third Bank $81,098 $38.99 33 Writing an economic analyst job description
An economic analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of an economic analyst job description:
Economic analyst job description example
Post your job
There are various strategies that you can use to find the right economic analyst for your business:
- Consider promoting from within or recruiting from your existing workforce.
- Ask for referrals from friends, family members, and current employees.
- Attend job fairs at local colleges to find candidates who meet your education requirements.
- Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
Interview candidates
Recruiting economic analysts requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Send a job offer and onboard your new economic analyst
Once you've decided on a perfect economic analyst candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Go through the hiring process checklist
- Determine employee type (full-time, part-time, contractor, etc.)
- Submit a job requisition form to the HR department
- Define job responsibilities and requirements
- Establish budget and timeline
- Determine hiring decision makers for the role
- Write job description
- Post job on job boards, company website, etc.
- Promote the job internally
- Process applications through applicant tracking system
- Review resumes and cover letters
- Shortlist candidates for screening
- Hold phone/virtual interview screening with first round of candidates
- Conduct in-person interviews with top candidates from first round
- Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
- Conduct background checks on top candidates
- Check references of top candidates
- Consult with HR and hiring decision makers on job offer specifics
- Extend offer to top candidate(s)
- Receive formal job offer acceptance and signed employment contract
- Inform other candidates that the position has been filled
- Set and communicate onboarding schedule to new hire(s)
- Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire an economic analyst?
There are different types of costs for hiring economic analysts. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new economic analyst employee.
The median annual salary for economic analysts is $72,501 in the US. However, the cost of economic analyst hiring can vary a lot depending on location. Additionally, hiring an economic analyst for contract work or on a per-project basis typically costs between $23 and $51 an hour.
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Updated December 16, 2025