NOC 41401: Economists and economic policy researchers and analysts
Economists and economic policy researchers and analysts conduct research, monitor data, analyze information and prepare reports and plans to resolve economic and business problems and develop models to analyze, explain and forecast economic behaviour and patterns. They advise on matters such as finance, fiscal and monetary policy, international trade, agricultural and natural resource commodities and labour and industrial markets. They are employed by government departments and agencies and throughout the private sector in associations, unions, research organizations, banks and investment firms.
Official Main Duties for NOC 41401
Select the duties you perform in your actual job. Under IRCC guidelines, you must perform at least 60% of these duties for a successful work permit or PR reference letter.
Your employer reference letter must confirm you performed the main actions described in the duties above. Avoid copying words directly from the NOC description — officers expect natural job descriptions with specific company context.
Canadian Labour Market & PR Pathways for NOC 41401
Under Canada's National Occupational Classification (NOC 2021 Version 1.0), Economists and economic policy researchers and analysts is categorized under TEER 1. Occupations in this tier typically require a university degree (bachelor’s, master’s, or doctorate) or substantial managerial tenure.
Express Entry Alignment
Qualifies directly for the Federal Skilled Worker (FSW) and Canadian Experience Class (CEC) under Express Entry. Work experience must be full-time (or equivalent part-time) and continuous for at least one year.
Target Category Status
Currently evaluated under standard General and CEC invitation rounds, or targeted through provincial in-demand lists such as Ontario (OINP), British Columbia (BC PNP), or Alberta (AAIP).
NOC 2016 to NOC 2021 Transition & Equivalency
Under Canada's previous NOC 2016 classification, this occupation was mapped under the following 4-digit code(s). When preparing your Express Entry profile or work reference letters, you must use the new 5-digit code NOC 41401.
Regional Wages Across Canada
Under Canadian immigration law, an employer hiring you under an LMIA must pay you at least the median wage listed below for your province.
| Province / Territory | Low Wage | Median Wage | High Wage |
|---|---|---|---|
| Canada (National Average) | $33.65 | $48.08/hr | $71.79 |
| Newfoundland and Labrador → | $37.44/hr | $48.35/hr | $93.75/hr |
| Prince Edward Island → | $33.33/hr | $46.69/hr | $61.54/hr |
| Nova Scotia → | $31.75/hr | $45.38/hr | $65.93/hr |
| New Brunswick → | $33.33/hr | $43/hr | $47.18/hr |
| Quebec → | $32.74/hr | $46/hr | $83.59/hr |
| Ontario → | $35.71/hr | $51.28/hr | $71.79/hr |
| Manitoba → | $29.59/hr | $44.53/hr | $62.11/hr |
| Saskatchewan → | $33.68/hr | $47.8/hr | $64.64/hr |
| Alberta → | $40.87/hr | $50/hr | $63.11/hr |
| British Columbia → | $35.9/hr | $45.67/hr | $70/hr |
| Yukon → | $35.77/hr | $48.88/hr | $64.24/hr |
Employment Requirements
These are the education, training, and certification standards usually required by Canadian employers for this occupation:
- A master's degree in economics or in a related discipline such as business administration or statistics is usually required.
- A doctorate in economics may be required.
Official Job Titles for NOC 41401
49 Titles ListedIf your current job title matches any of these official examples, this NOC code is likely the right choice for your Express Entry reference letter:
Exclusions (Similar Jobs with Different Codes)
Check this list to make sure your actual job is not classified under one of these related codes:
- Business development officers and market researchers and analysts (See 41402 Business development officers and market researchers and analysts)View NOC 41402→
- Economics professor - university (See 41200 University professors and lecturers)View NOC 41200→
- Financial and investment analysts (See 11101 Financial and investment analysts)View NOC 11101→
- Government managers - economic analysis, policy development and program administration (See 40011 Government managers - economic analysis, policy development and program administration)View NOC 40011→
- Labour policy analyst (See 41403 Social policy researchers, consultants and program officers)View NOC 41403→
Frequently Asked Questions for NOC 41401 (Economists and economic policy researchers and analysts)
Essential answers regarding Express Entry eligibility, LMIA prevailing wage compliance, and official reference letter rules.
Check Your Express Entry Score & Latest Cutoffs
Calculate your exact Comprehensive Ranking System (CRS) score for NOC 41401, explore your TEER 1 immigration pathways, and check recent draw cutoffs.