Economic Analyst in Detroit, Michigan

Economic Analyst

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Economic Analyst

Salary

$23.90 – $37.46 Hourly

Location

Detroit, MI

Job Type

Permanent Full Time

Remote Employment

Flexible/Hybrid

Job Number

0701-24-17-11AM

Department

Technology, Management and Budget

Opening Date

06/20/2024

Closing Date

7/4/2024 11:59 PM Eastern

Bargaining Unit

NON-EXCLUSIVE REPRESENTED EMPLOYEE (NERE)

• Description

• Benefits

• Questions

Job Description

TheDepartment of Technology, Management and Budget (https://youtu.be/H_IrVnVjcoA) supports the business operations of state agencies through a variety of services, including building management and maintenance, information technology, centralized contracting and procurement, budget and financial management, space planning and leasing, construction management, motor vehicle fleet operations, and oversight of the state retirement systems.

This position serves as an economic analyst producing Michigan’s official employment, unemployment, and workforce data in cooperation with the U.S. Bureau of Labor Statistics Current Employment Statistics (CES) and Local Area Unemployment Statistics (LAUS) programs. Work involves monthly review of preliminary and final estimates of payroll jobs by industry for Michigan and all metro areas. Analyst will assist with the production of job estimates, aid in the annual processing of sub-state estimates, produce written analysis on Michigan workforce trends, contribute to publications, conduct employment research, maintain databases and spreadsheets, disseminate labor market information, and compile information on local employment developments. Additionally, the analyst will assist with the completion of deliverables funded by the workforce grant from the U.S. Department of Labor, Employment and Training Administration.

Economic Analyst 9-P11 -Position Description (https://MCSC.state.mi.us/AgencyPDFs/PD 24-17-11 EA 9-11.pdf)

KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of economics, labor market structure and conditions, forecasting, research and analysis; graphic, tabular, and narrative techniques for data and information presentation.

• Ability to produce clear and accurate written analysis of economic trends.

• Ability to work independently and set daily priorities.

• Ability to communicate effectively and maintain good professional relations.

• Knowledge of computer software.

DTMB is proud to be a Michigan Veteran’s Affairs Agency (MVAA) Gold Level Veteran-Friendly Employer.

Required Education and Experience

Education

Possession of a bachelor’s degree with a major in economics.

Experience

Economic Analyst 9

No specific type or amount is required.

Economic Analyst 10

One year of professional experience performing economic analysis and modeling activities equivalent to an Economic Analyst 9.

Economic Analyst P11

Two years of professional experience performing economic analysis and modeling activities equivalent to an Economic Analyst, including one year equivalent to an Economic Analyst 10.

Additional Requirements and Information

View the entire job specification at:

http://www.michigan.gov/documents/EconomicAnalyst_12544_7.pdf

State employment also offers rewarding careers where you can help Michiganders enjoy better lives. Many State of Michigan jobs offer alternate work schedules and remote-work options that can help give the flexibility you need. The State of Michigan has been recognized as a leading U.S. employer by new graduates from 2021-2023 and a best large U.S. and state employer. Recognized on the international stage for fostering positive employee engagement, the State of Michigan is a past recipient of a North America Government Agency Employees Engagement Award.

More details on benefits for our new hires are below:

Rewarding Work:State of Michigan jobs allow you to serve Michiganders in many different ways depending on your interests and skills. Help preserve and protect our environment and the public health; enforce state laws and regulations; advocate for children, families, and victims of discrimination; support our state’s military and veterans; rebuild our state’s infrastructure; or support other state agencies through our fiscal, IT, and HR systems.

Insurance Benefits:The State of Michigan offers health, mental health, dental, and vision insurance to eligible career employees, their spouses, and their children. The state also covers a life-insurance benefit of two times employees’ annual salary (up to $200,000). The state also offers long-term-disability insurance that can provide continuing benefits if an injury or illness prevents employees from working. More information is available atwww.mi.gov/employeebenefits.

Retirement Programs:The State of Michigan offers 401(k) and 457 plans for new hires to save for retirement. The state will automatically contribute an amount equal to 4% of your pay to a 401(k) account. The state will also match up to 5% of your pay if you contribute to your 401(k) account. Your contributions vest immediately, and the state’s contributions fully vest after just 4 years. More information is available athttp://www.mi.gov/orsstatedc.

Vacation and Sick Leave:Eligible full-time employees receive between15 and 35 personal daysand13 sick daysper year that may be rolled over to the following year if not used. Eligible employees also receive an additional day each year for community service or school functions.

Paid Parental Leave:Eligible employees can take12 weeks of paid leaveimmediately after a birth or adoption to allow needed time together at home with a new child.

Paid Holidays:Eligible employees receive 13 or 14 paid holidays each year including New Year’s Eve and Day, Martin Luther King Jr. Day, Presidents’ Day, Memorial Day, Juneteenth, the Fourth of July, Labor Day, Election Day, Veterans Day, Thanksgiving, Thanksgiving Friday, Christmas Eve and Day.

Bonus Programs:Eligible employees with five years of service also receive annual longevity bonuses that grow as seniority increases. Some positions also may qualify for recruitment, retention, and performance bonuses or other special pay premiums.

Military Pay Differential:Employees in the guard or reserves may also qualify for supplemental pay benefits if miliary pay during qualifying duty is less than normal state pay. Prior military service may also allow seniority credits to accelerate eligibility for longevity bonuses and additional personal leave accrual.

Tax-Advantaged Programs:In addition to 401(k) and 457 retirement accounts, the state also offers flexible spending account (FSA), health savings account (HSA), and qualified transportation fringe benefit (QTFB) programs that can help you save money by reducing your taxable income.

Student Loan Forgiveness:Working for the State of Michigan may allow you to participate in programs that forgive the balance of qualifying student loans.Information (https://studentaid.gov/manage-loans/forgiveness-cancellation) to help determine if you could qualify is available from the U.S. Department of Education.

Tuition Reduction:Some colleges and universities offer savings to eligible employees and family members to further their education while working for the State of Michigan.

Professional Development:To help develop your career, programs are available to apply for reimbursement of up to $2,000 a year for education and training for college course credits and non-degree programs.

Alternative and Remote Work Schedules:Depending on the nature of their duties, many state jobs offer flexible work schedules and remote or hybrid telecommuting options that can help obtain the work-life balance that you seek.

Great Lakes and Great Times:Michigan boasts four Great Lakes, 11,000 inland lakes, 36,000 miles of rivers and streams, 20 million acres of forests, 100 state and national parks and recreation areas, 1,300 miles of bike trails, 6,500 miles of snowmobile trails, the second-most ski areas in the nation, 650 public golf courses, 600 campgrounds, and an international dark-sky park—just for starters. Our cities offer concerts and cultural events, storied sports teams, education hubs, vibrant downtowns, one-of-a-kind craft beverages, and renowned restaurants for every appetite. From urban centers to beach towns to the great outdoors, the opportunities are endless. With your state salary and benefits and Michigan’s affordable cost of living, you can explore all that Michigan has to offer.

Updated: 2/28/24

01

ECONALT – Do you possess a bachelor of science degree or higher with a major in economics? If so, please attach a copy of your official college transcripts.

• Yes

• No

  02

  ECONALT – Please select your level of experience.

• None.

• One to two years of professional experience performing economic analysis and modeling activities equivalent to an Economic Analyst.

• Two to three years of professional experience performing economic analysis and modeling activities equivalent to an Economic Analyst.

• At least three years of professional experience performing economic analysis and modeling activities equivalent to an Economic Analyst.

  03

  What level of experience do you have academic or professional working with labor market information on employment, unemployment, or industry job trends?

• No experience

• Basic proficiency

• Moderate proficiency

• Advanced proficiency

  04

  If you indicated you have experience working with labor market information on employment, unemployment, or industry job trends, please briefly describe.

  05

  Do you have experience conducting research and analysis?

• Yes

• No

  06

  If you indicated you have experience conducting research and analysis, please briefly explain.

  07

  What level of experience do you have with spreadsheet software?

• No experience

• Basic proficiency

• Moderate proficiency

• Advance proficiency

  08

  If you indicated you have experience with spreadsheet software, briefly describe:

  09

  Do you have any experience with statistical and/or econometric software (R/Python/Stata/etc)?

• Yes

• No

  10

  If you indicated you have experience with statistical and/or econometric software, briefly describe:

  11

  Did you attach a writing sample (academic / professional) that demonstrates your writing and analytical abilities? If not, please do so.

• Yes

• No

  12

  Did you attach your official transcript? If not, please do so.

• Yes

• No

  Required Question

Agency

State of Michigan

Department

Technology, Management and Budget

Address

DTMB-HR@michigan.gov

Elliott-Larsen Bldg., 2nd fl., 320 S. Walnut Street

Lansing, Michigan, 48909

Phone

Attn: HR Office

Website

www.michigan.gov/dtmb

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