US & NY Economist (24-14)

  • NEW YORK DIVISION OF THE BUDGET
  • Albany, New York
  • May 22, 2024
Accounting and Finance
  • Salary: $55,006 - $90,931 USD
  • Salary Top: 90931 USD

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.

Base Pay

55,006

Job Address

Albany, New York United States View Map