Hardly! The only advantage the top few programs have in terms of employment opportunities are for kids who are determined to stay in academia and want to land a tenure track job at a T10.
Plenty of much-more-high-paying-than-academia jobs to go around for econ PhD grads.
Amusing that the fall back career path for econ PhDs chasing tenure track jobs is a much higher paying industry job.
Not many academic fields have that luxury.