Serves as an Economist within the Financial and Labor Analysis (ALA) directorate. Acts as an individual contributor and/or a member of a team analyzing, researching, and studying employment levels, scheduling, and workforce planning to support several financial analysis initiatives to include, Workforce Planning, Financial and Economic Modeling, and Research among other things, for the Federal Aviation Administrations workforce.
Duties
This position serves as an Economist within the Financial and Labor Analysis (ALA) directorate. May act as a contributing specialist on large work activities or as a team leader for single or small work activities. Performs a multiple, varying and complex assignments under the limited direction of a manager, project/ program manager, team leader, or more experienced technical specialist.
Applies experience and advanced knowledge of economic and business principles, theories and concepts accomplish assignments and to develop plans and techniques to improve programs and policies. Applies quantitative techniques to conduct analysis and fact-finding to aid in the development and improvement of complex models. Uses quantitative application of statistical and mathematical models to develop theories and to test existing hypotheses in economics and/or finance areas related to employee pay, workforce, scheduling, and
related topics. Utilizes economic models to explain or make predictions about the growth of organizations and economic or financial issues and problems. Performs econometric forecasting modeling to forecast future developments in the economy and for drawing conclusions to answer management’s “what-ifs” questions and various economic scenarios related to employment levels, training, pay and other related topics to help managers and decision-makers understand how the economy affect their business.
Established policies/procedures provide guidance for most assignments, but allow considerable discretion to select the most appropriate approach or to recommend new approaches. Collects and analyzes data, researches trends, and conduct studies of economic issues pertaining to organizational employment levels, workforce planning, scheduling and resources requirements to identifies areas to improve performance. Analyzes information and evaluates results to develop and recommend solutions to solve economic or financial problems. Compiles and analyzes data to contribute to the preparation of reporting data, which explain economic phenomena and forecast economic trends by applying mathematical models and statistical techniques.
Participates in economic and workforce studies to identify and examine statistical relationships between scheduling and resource requirements. Assists more experienced economists in creating financial and economic forecasts and models for identifies underlying principles, reasons, or facts of information by breaking down information or data into separate parts. Contributes to the preparation of reports, tables, and charts for presenting research results and conclusions. Participates in policy reviews with technical experts and assists
with the integration of comments and recommendations in the overall report.
Contacts are internal and external. May act as a key technical point of contact for assigned activities. Contributes to the preparation of management/technical reports or contractual documents, and may communicate the overall results of a project or work activity to FAA management, the aviation and aerospace industries, and other external individuals, which may include representatives of labor unions, the Department of Transportation, and Congress.
The work is reviewed periodically, typically at major milestones and at completion, for technical compliance and alignment with the requirements of the project or other work activity. The work activities typically support and may be vital to the success of projects or activities of one or more organizational units, subdivisions, and LOBs/SOs.