US & NY Economist (24-14)

NEW YORK DIVISION OF THE BUDGET
Albany, New York United States  View Map
Posted: Jul 14, 2024
  • Salary: $55,006 - $90,931 USD
  • Salary Top:90931
  • Accounting and Finance
  • Job Description

    US & NY ECONOMIST

    Advance your career in government finance, management, and public policy at the New York State Division of

    the Budget (DOB)! DOB develops, negotiates, and implements one of the largest government budgets in the

    country, which provides the fiscal roadmap for State programs, policies, and services.

    We are seeking motivated analysts and critical thinkers to join our team. DOB analysts rely on their skills for

    creative problem solving, attention to detail, and comprehensive communication to respond to emerging

    challenges, identify and develop solutions, and ensure the fiscal health of the State.

    The successful candidate will share responsibilities for economic forecasting for both the revenue and

    spending sides of the Executive Budget; quarterly financial and economic updates; tax and economic

    development policy analysis; fiscal and economic impact analysis of proposed and enacted legislation; and

    budget negotiations with legislative fiscal committee staffs.

    Responsibilities

    Macroeconomists at DOB are typically involved in:

    • Working cooperatively within the Economics and Revenue team, under the direction of the Unit Head and Chief Economist, to determine the immediate and long-range effects of decisions made by Executive policymakers related to State and local taxes on the economy, taxpayer behavior, and the State’s fiscal condition.

    • Assisting the development and maintenance of detailed macroeconomic databases and models to forecast the U.S. and New York economies, including satellite models to forecast additional economic variables. Interpreting and communicating the results. Providing research on the economic and business climate of the State to support the economic outlook and for use in developing the State Financial Plan.

    • Communicating and presenting the results of forecasts, economic analyses, policy evaluations to internal audiences in various formats or modalities including reports, memos, dashboards, and data visualizations.

    • Conducting economic studies to evaluate the economic impacts and costs or benefits of specialized programs, including statistical analyses to model and answer policy makers’ questions related to the personal income taxes, labor market effects, and population trends.

    • Collecting economic data from a variety of sources.

    • Organizing and summarizing data into forms suitable for analysis as prescribed by project design and/or procedures.

    • Preparing reports with appropriate graphic and tabular presentation.

    • Assisting in the interpretation of data based on economic significance to subject or problem of study.

    • Designing and evaluating long-term simulations and econometric models for the purpose of forecasting which may include constructing and maintaining databases for use in conjunction with models.

    Qualifications

    • Familiarity with developing, maintaining, and using large data sets.

    • Excellent communication skills (verbal and written).

    Economics and Revenue Unit Salary: $55,006 - $90,931 Reference #24-14

    AN EQUAL OPPORTUNITY/AFFIRMATIVE ACTION EMPLOYER

    The Division of the Budget is proud to be an equal opportunity employer. We celebrate diversity and encourage women, people of

    color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. We do

    not discriminate based on race, religion, color, national origin, sex, sexual orientation, gender identity and/or expression, age, veteran

    status, disability status, arrest record or criminal conviction history, or any other category protected by law.

    We are happy to provide religious accommodations during the hiring process for those in need. If you have a disability or special

    need that requires a reasonable accommodation, please send a request to personnel@budget.ny.gov.

    Executive Order 161

    Pursuant to Executive Order 161, no State entity, as defined by the Executive Order, is permitted to ask, or mandate, in any form,

    that an applicant for employment provide his or her current compensation, or any prior compensation history, until such time as the

    applicant is extended a conditional offer of employment with compensation. If such information has been requested from you before

    such time, please contact the Office of Employee Relations at (518) 474-6988 or via email at info@oer.ny.gov.

    • Ability to work independently and collaboratively in a team setting.

    • Candidates must demonstrate an ability to address changing priorities and provide expert fiscal policy

    advice and counsel in an ever-changing fiscal and political environment.

    • Proven experience in handling the most used statistical packages such as R or Stata, especially EViews, as

    well as experience in SAS programming.

    • Familiarity with Data Visualization tools such as Tableau or Microsoft Power BI a plus.

    • Knowledge and expertise in US and/or New York economies and statistics, particularly in labor markets.

    Familiarity with datasets published by the Bureau of Labor Statistics, US Census Bureau and the IRS

    including the Quarterly Census of Economics and Wages, Current Employment Survey, American

    Community Survey, and Statistics of Income.

    The ideal candidate will have analytic ability and a willingness to learn. Key skills for this role include objectivity,

    flexibility, and adaptability. Mandatory overtime may be required.

    Benefits of Working at DOB

    Learn about DOB’s benefits: including health and wellness perks; work-life balance programs; and learning and

    development opportunities at https://www.budget.ny.gov/employment/benefits.html.

    Experience of Working at DOB

    Entry level macroeconomists benefit from the knowledge and mentoring of seasoned staff while learning the economic forecasting area. For more on what it’s like to work at DOB, check out DOB’s Employment video series.

    How to Apply

    To be considered for this or future positions with DOB, please complete the Online Employment Application and

    select “Macroeconomist” as the Title Applying For. Applications are held in DOB’s resume database for three

    months, after which candidates may reapply to be considered for future opportunities.

    If you require assistance in applying for employment with the DOB, or if you have any questions about working for

    DOB, please contact CareerOpportunities@budget.ny.gov.
  • ABOUT THE COMPANY

    • New York State Division of the Budget
    • New York State Division of the Budget

    Advance your career in government finance, management, and public policy at the New York State Division of the Budget (DOB)! DOB is positioned in the center of New York State government and develops, negotiates, and implements one of the largest State government budgets in the country. Work at DOB is high-impact public service, with engagement in the full spectrum of policy areas. DOB’s fast-paced, dynamic environment is geared to respond to emerging challenges and improve government services for the benefit of New Yorkers.

    We are located in Albany, which has grown over the past four centuries from a small Dutch settlement on the Hudson River to New York State’s capital city in the heart of burgeoning Tech Valley. The State Capitol– the historic centerpiece of New York State – is home to the Budget Division.

    Our work demands strong analytic and problem-solving skills, attention to detail, and effective communication. Budget and Policy Analysts analyze State agency operations; develop budgetary and policy recommendations; evaluate proposed legislation; negotiate with legislative staff; monitor revenues and expenditures; and advise the Governor on fiscal matters.

    Show more

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