Career Outlook
Economics Teachers, Postsecondary
BLS employment projections 2024–2034 · SOC 25-1063
Projected Growth
+2.1%
2024–2034
Annual Openings
1,200
projected/year
Median Salary
$124K
annual (BLS 2025)
Current Employment
15,800
workers (2024 projections base)
The Economics Teachers, Postsecondary career outlook (SOC 25-1063) combines two separate BLS data products: Employment Projections for 2024-2034 trajectory, and Occupational Employment and Wage Statistics from May 2025 for current pay. We classify this trajectory as about as fast as average versus the all-occupations baseline of 3.1%. That places it 1.0 percentage points below the national average across all occupations.
Workforce size is projected to reach 16,100 by 2034, a net gain of 300 jobs from the 2024 base. The observed 10th-to-90th percentile pay spread runs from $64,060 to $224,200. OEWS does not classify those percentile boundaries by career stage. Typical entry-level credential is Doctoral or professional degree.
How to read these projections
Growth projections are directional indicators, not guarantees. BLS revises these annually based on updated demographic, technology, and policy inputs, the 2024-2034 projections already factor in assumptions about AI adoption, remote-work normalization, demographic aging, energy transition, and post-pandemic industry shifts, but unforeseen disruptions (recessions, breakthrough technologies, policy changes) can reshape numbers this far out. When treating this page as career-decision evidence, pair the growth percentage with annual openings (small occupations growing fast can still offer few actual entry points, while large occupations growing slowly can offer thousands of replacement opportunities), use the percentile band to understand the reported wage distribution, and check whether the credential requirements match your current educational investment. Entry and experienced work-level pay require separate evidence. The "Similar Occupations" list below highlights adjacent SOC codes worth considering as comparison anchors or alternative pathways.
Job Growth Projection
+2.1%
About as fast as average
vs. national average (3.1%)
-1.0% below
2024 Employment
15,800
Change
+300
2034 Projected
16,100
Entry Requirements
Typical Education
Doctoral or professional degree
Work Experience Required
None
On-the-Job Training
None
Salary Data (BLS 2025)
| Percentile | Annual |
|---|---|
| 10th Percentile | $64,060 |
| 25th Percentile | $86,840 |
| Median (50th) | $123,920 |
| 75th Percentile | $168,770 |
| 90th Percentile | $224,200 |
| Mean (Average) | $138,850 |
Is Economics Teachers, Postsecondary a growing field?
Is Economics Teachers, Postsecondary a growing field?
Economics Teachers, Postsecondary is projected to grow by 2.1% from 2024 to 2034, which is about as fast as average. The national average across all tracked occupations is about 3.1%.
What education do Economics Teachers, Postsecondary need?
The typical entry-level education requirement for Economics Teachers, Postsecondary is: Doctoral or professional degree. Work experience required: None. On-the-job training: None.
How many Economics Teachers, Postsecondary jobs will be available?
There are approximately 1,200 annual job openings projected for Economics Teachers, Postsecondary, which includes new positions due to growth plus openings from workers who retire or change occupations.
What is the median salary for Economics Teachers, Postsecondary?
The median annual salary for Economics Teachers, Postsecondary is $123,920 (N/A), based on BLS OEWS May 2025 data. Half of workers earn more and half earn less than this amount.
Similar Career Paths
Occupations in SOC major group 25 with comparable growth and entry requirements.
Last updated: May 2025 (BLS OEWS annual release). Source: Bureau of Labor Statistics, Employment Projections 2024–2034. Salary data: BLS OEWS May 2025.
Source data and WageDex calculations are identified in context on this page. Outlook fields use BLS Employment Projections for 2024–2034; wage fields use BLS OEWS May 2025; safety fields cite BLS CFOI/SOII. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.