This needull is dedicated to a friend who made the smart choice and is now reaping the dividends.
Why do so very few newly minted econ PhDs face the prospect of unemployment? Part of it is due to the econ field’s extremely well-managed (and centrally planned!) job market. Part of it is due to the large demand from the lucrative consulting and finance industries. And part is due to the aforementioned proliferation of b-schools. There may be other reasons I don’t know. But in an America where nearly every career path is looking more and more like a gamble, the econ PhD remains a rock of stability – the closest thing you’ll find to a direct escalator to the upper middle class.
Needull in a haystack 
Especially is the proposed TaxScam becomes law…a degree in econ is a great idea!
Thanks, I may end up switching from poly-sci to econ if I can get my new supervisory team together.