Economic Research Associate

Company Description

The Denver Metro Chamber of Commerce, established in 1867, is dedicated to promoting business growth and economic development in the Denver Metropolitan Area. Throughout our 150-year history, we have focused on cultivating opportunities for businesses and creating a vibrant environment for both residents and organizations. We take pride in our long-standing commitment to our region and work tirelessly to make it an exceptional place to live and do business. Join us as we continue to drive economic growth and forge an even brighter future together.

JOB PURPOSE  

This is an early-career position that focuses on labor force research, as well as updates, maintains, and analyzes all economic and demographic data used in our research.

DUTIES AND RESPONSIBILITIES 

• Conduct in-depth analysis of macroeconomic and labor market data and trends, including consumer activity, inflation, workforce trends, employment patterns, job growth, occupational shifts, and wage dynamics.

• Utilize statistical software and econometric techniques to analyze and forecast employment supply and demand.

• Identify and assess skills gaps and mismatches in the labor market, including shortages of specific skills or qualifications and mismatches between job seekers' skills and employers' needs.

• Evaluate the impact of workforce development programs, education and training initiatives, and labor market policies on employment outcomes and economic growth.

• Collaborate with stakeholders from government agencies, educational institutions, industry associations, and community organizations to collect data, exchange insights, and develop evidence-based strategies for workforce development.

• Prepare reports and presentations summarizing research findings and data analysis for diverse audiences, including policymakers, employers, educators, and the general public.

• Stay abreast of emerging trends, innovations, and best practices in workforce development and labor market policies.

• Locate and collect data from standard and specialized federal, state, and local government sites.   

• Manage and manipulate databases, including regular data updating and organizing data, allowing efficient data extraction and insertion into reports and studies.  

• Research and write a variety of economic and workforce reports based on economic and demographic data. These reports need to convey complex trends and information in a simple, concise manner to a business audience. Reports may require original research and writing or may be generated from templates.  

• Collaborate with and assist other team members with the research, collection, and interpretation of economic data related to our four service areas: Economic and Demographic Research, Industry Studies, Fiscal and Economic Impact Analysis, and Real Estate and Public Finance.

QUALIFICATIONS 

PREFERRED QUALIFICATIONS:  

The ideal candidate will have an interest in regional economic development, real estate development, and/or community development issues and at least a master’s degree in economics or a related field and two years of relevant experience.   

• Bachelor's or master's degree in economics, Labor Economics, Applied Economics, or a related field.

• Three years of relevant professional experience.

• Show experience in conducting empirical research and quantitative analysis, preferably in labor economics, workforce development, or related areas.

• Proficiency in statistical analysis software such as Stata, R, Python, and/or Microsoft Excel for data manipulation and econometric modeling.