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    Duties

    Summary

    The U.S. Bureau of Labor Statistics is seeking a highly motivated and capable executive to serve as the Assistant Commissioner for Industrial Prices and Price Indexes.  This position is located in the U. S. Labor Department's Bureau of Labor Statistics, Washington, DC.

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    Responsibilities

    The incumbent reports to the Associate Commissioner for Prices and Living Conditions, who provides broad policy guidance and sets objectives to be jointly met by all price programs. Planning, coordination, and decision making for research and analysis are conducted on initiative of the incumbent subject only to general review.

    In conjunction with the Associate Commissioner for Prices and Living Conditions, the Assistant Commissioner develops, plans, and directs the Bureau’s broad programs of measurement and analysis of industry price changes in order to meet a wide range of extremely sensitive public and private needs. Programs directed provide estimates of the magnitude, timing, and sources of price measurement. The data are used for numerous purposes by the government, business, labor, universities, and the general public. The Final Demand Price Index is one of the Nation’s most closely watched indicators of economic health. Movements in this index are often considered to presage similar changes in inflation rates for retail markets, as measured by the Bureau’s Consumer Price Index. The PPI Program data are essential to the U.S. Department of Commerce in calculating the gross domestic product (GNP) deflator and many of its component deflators. Private business firms use PPI data to assist their operations in a variety of ways. PPI are cited frequently in price escalation clauses of long-term sales or purchase contracts as a means to protect both the buyer and the seller from unanticipated surges or drops in prices. PPI information also is employed in econometric models, in forecasting, in market analysis, and in academic research.

    Travel Required

    Occasional travel - Less than 25%.

    Supervisory status

    Yes

    Promotion Potential

    00

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/599506400. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.