I have BS in Economics (from the Liberal Arts School, yeah that's a thing). Penn State too.
After graduation, I spend a few years being a bit listless after college doing retail work until I wound up in the insurance industry. (the Econ degree first got me a job at a real estate title company that was looking for college grads to process Real Estate transaction paperwork -it was awful- and I left there quickly to work at an insurance agency (I guess the real estate office experience helped me land the insurance job), and I've now been in the industry for 13 years.
Nothing I did in any job really relates to anything I learned in school (not that I really remember anything I learned in school now 20 years later, but that's the way it goes). I guess the actual 'Economist' jobs are mostly in Washington DC, but I never even considered that move or pursuing that- I was a pretty clueless kid back in those days that had no idea what I wanted to do with myself.
Back then I just had a vague notion of maybe working at a bank, but they didn't want to hire any managers, loan officers, or anything making wages above minimum wage unless you had "experience", and I didn't want to be a bank teller making minimum wage when I could just go work retail and actually did a little bit better.
Looking back, sometimes wonder if I really needed that degree, to land the job I have now, but it was part of the path and I wound up OK, so it is what it is.
My advice- if you want the degree, go for it, but don't skip out on job fairs that might be offered prior to graduation- get a good position out of school, and don't be listless like me for the first few years.