The Bureau of Economic Analysis (BEA) is one of the world's leading statistical agencies, recognized throughout the United States and around the world as a key source for the best and most comprehensive economic statistics available. The data produced by BEA are among the most important tools used in decision-making by policy-makers in the Congress and the executive agencies, including the Council of Economic Advisers, the Federal Reserve, the Office of Management and Budget and the Treasury. BEA's data are also used extensively by private businesses and a wide range of regional organizations, state and local governments, businesses and educational institutions.
Applications under this vacancy announcement will be considered under external competitive procedures only. This vacancy is also being advertised under merit promotion procedures as (BEA-NIWD-2013-0014). Each announcement requires a separate application using the Census Bureau's on-line application system by logging into http://www.usajobs.opm.gov/ and clicking on "Search Jobs." Merit promotion procedures apply to current or previous Federal employees in the competitive service who are eligible for transfer, promotion, reassignment, or reinstatement. Merit promotion procedures MAY also apply to applicants seeking consideration through a special appointing authority such as Veterans Recruitment Act (VRA), Veterans Employment Opportunities Act (VEOA), Schedule A, etc. Please read the vacancy announcement to determine who may apply.This vacancy is for an Economist position in the Consumption Branch, National Income and Wealth Division, located at the U.S. Department of Commerce, Bureau of Economic Analysis in Washington, DC.
The Bureau of Economic Analysis (BEA) is seeking an economist for its goods section within the Consumption Branch of the National Income and Wealth Division (NIWD). The Consumption Branch is responsible for the interpretation and estimation of personal consumption expenditures (PCE) of the United States, within the framework of the national income and product accounts. This includes monthly, quarterly and annual estimates of PCE and PCE prices. The successful candidate is self motivated, organized, and exhibits good problem solving skills.
The national economic accounts program provides a quantitative view of U.S. domestic production, consumption, investment, exports and imports, and of national and domestic income and saving. It features the estimates of Gross Domestic Product (GDP), which is one of the most closely watched of all economic statistics. Each month, BEA releases quarterly estimates of GDP for the previous quarter and monthly estimates of personal income and outlays.
BEA has been ranked by its employees as one of the top federal agencies for which to work. It has a dynamic and motivated staff, and encourages professional growth. BEA has an unparalleled location in the heart of downtown D.C., only blocks from the White House and within walking distance to three Metro lines. The Penn Quarter, Logan and Dupont Circles, and the Kennedy and Verizon Centers are all within walking distance. This location provides for a unique balance of intellectual pursuit during the day and wealth of cultural and social activities after work.
This position is in the competitive service.
One year probationary period may be required.
Relocation expenses WILL NOT be paid.
This is a non-bargaining unit position.
The Full Promotion Potential of this position is: ZP-03.
If this position is filled at a level below the full performance level, the selectee may be promoted without further competition. This implies no promise or guarantee of a promotion.
This position may be filled through means other than the competitive promotion process.
The individual selected for this position will:
*Major Duty 1: Prepare estimates of PCE for goods, the PCE price index, and related measures;
*Major Duty 2: Help assess the adequacy of the existing estimates; analyze and incorporate newly available and revised source data;
*Major Duty 3: Implement short-term and long-term improvements; assist with source data enhancements; and participate in research projects that improve the quality, coverage, and usefulness of the estimates of PCE;
*Major Duty 4: Maintain contact with other agencies to help ensure the effective use of economic source data;
*Major Duty 5: Relied upon by high-level officials both inside and outside the Bureau for accurate and timely responses to questions concerning data and methodology; and
*Major Duty 6: Participate in communication efforts with data users and other stakeholders.