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Transportation Economic Analyst

The Port Authority of NY & NJ
New York, NY Full Time
POSTED ON 2/26/2025
AVAILABLE BEFORE 5/23/2025

Description

Position at The Port Authority of NY & NJ

About the Role

The Planning and Regional Development Department provides strategic insight to executive management, with an emphasis on issues of regional importance that involve multiple departments and other federal, state, or local government agencies. The department produces studies, provides technical analysis (traffic modeling, economic impact, economic forecasting, cost-benefit analysis, risk assessment), and leads select development projects where its expertise can enhance performance.

The Economics unit develops econometric activity forecasts for all line departments, conducts economic impact assessments of major capital projects, performs regional cost-benefit analyses, and monitors economic, transportation, and socio-economic trends in the Port District.

The successful candidate will conduct studies related to regional economics, economic development, transportation policy, financial analysis, land use analysis, and related areas.

Responsibilities

  • Conduct quantitative, statistical, and qualitative analyses in the transportation sector;
  • Identify economic, demographic, and transportation trends and assist in the development of related forecasts;
  • Perform a range of analytical tasks, including :

Statistical and econometric modeling (linear regression, time series, choice modeling, etc.).

Benefit-cost analysis.

Regional economic impact analysis.

Financial and risk analysis.

  • Research and monitor economic, transportation, and socio-economic trends relevant to the agency;
  • Organize and present economic and transportation data using best practices, ensuring clarity in Excel and other analytical tools for knowledge transfer;
  • Determine appropriate metrics to convey trends related to emerging economic and transportation issues;
  • Perform literature reviews, summarize reports, and present findings to support project decision-making;
  • Provide clear and concise written reports, presentations, and commentary on economic releases.
  • Minimum Qualifications

  • Bachelor's degree in Economics, Finance, Statistics, Urban and Regional Planning or a related field (Master's degree strongly preferred
  • 3 years of relevant work experience in economics, transportation, or statistical analysis;
  • Proficiency in Microsoft Excel, Power BI, Word, PowerPoint, and Access;
  • Experience with analytical software packages such as R, Python, Stata, EViews, or similar.
  • Desired Qualifications

  • Strong knowledge of statistics or econometrics;
  • Ability to work independently and manage multiple projects efficiently;
  • Strong communication and collaboration skills, effective in both independent and team settings, particularly in a hybrid work environment;
  • Familiarity with publicly available economic, demographic, and transportation data sources (e.g., Census, USDOT, BLS, FRED);
  • Experience with automating data extraction using programming languages;
  • Proven ability to contextualize results using comparable analyses and data sources.
  • Ability to adapt and perform a wide range of tasks as needed.
  • Selection Process

    The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and / or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.

    Compensation & Benefits

    The Port Authority of New York and New Jersey offers a competitive benefits package, hybrid work options for many positions, and a professional environment that supports development and recognizes achievement.

    Click here for more information about benefits, our culture, and career development opportunities.

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