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SUMMER COLLEGE INTERN - Economic Analysis and Forecasting

NYC Department of Housing Preservation & Development
New York, NY Intern
POSTED ON 3/16/2025
AVAILABLE BEFORE 4/14/2025
TASK FORCE: City Revenues, Economics, and Policy

UNIT: Economic Analysis and Forecasting

JOB TITLE: One (1) Summer Intern

CONTROL CODE: POR Intern-25-03

Summary

The Mayor’s Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor’s expense and capital budgets, which fund the services and activities of approximately 90 City agencies and entities.

The Econ group at OMB is responsible for developing economic forecasts in support of the NYC budget process. In this capacity, we monitor and analyze many sectors of the national and NYC economy.

Job Description

Past interns have had the option of picking a project that matched their interests.

Some Of The Potential Topics Include

  • Assess the accuracy of OMB’s seasonal adjustment of the NYC Current Employment Statistics (CES) monthly data;
  • Assemble and assess potential alternate measures of population flows in and out of NYC. These could potentially include the NYC Dept. of Finance public microdata tax files, the American Community Service, and school enrollment records;
  • Contribute to OMB’s efforts to standardize NYC housing addresses as a step in creating a repeat-sales price index for NYC co-op apartments.

Qualifications

Our staff require strong analytical skills, attention for detail, ability to work independently and an interest in economic data and analysis. We are looking for someone with a background specifically in economics and a familiarity with econometric and statistical environments. While we use STATA, EViews, and R on a regular basis, familiarity with any other statistical software platforms (Python, SAS, SPSS, etc.) is acceptable. Candidates with backgrounds in accounting or business will only be considered if they can demonstrate coursework in economics or econometrics.

Requirements

Undergraduate interns must be currently enrolled or accepted into an accredited college or university. Strong analytical, research and communications skills are required. Candidates must have familiarity in MS Word and Excel

To participate in the OMB Summer Internship Program, undergraduate students must be enrolled or accepted into a college or university.

SUMMER COLLEGE INTERN - 10234

Minimum Qualifications

As of June of the Program year the prospective interne must be a student matriculated in a college or be a recent college graduate (winter/spring term of the Program year).

NOTE: Appointment to this title is only valid for the duration of the Program, June - August each year.

Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.

Residency Requirement

This is a hybrid position with in-person days located at OMB’s offices at 255 Greenwich Street

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Salary : $17 - $18

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