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For Companies At a Glance
- Tasks: Analyze labor market trends and deliver impactful briefings for decision-makers.
- Company: Join HM Treasury, a key player in shaping the UK economy with a diverse and inclusive team.
- Benefits: Enjoy 25 days of leave, flexible working options, and a generous pension scheme.
- Why this job: Make a real difference in people's lives while developing your economics skills in a supportive environment.
- Qualifications: Ideal candidates are proactive with strong economics skills; training provided for those eager to learn.
- Other info: We welcome diverse applicants, including those new to the Civil Service.
The predicted salary is between 28800 - 43200 £ per year.
Contract type: Permanent
Working Pattern: This post is available on a Full Time and part time basis (Flexible working hours can be accommodated)
Location: Darlington
Salary : National: £41,630 – £44,500
If you’re interested in making a difference to people’s lives, HM Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK!
About the team
The Labour Markets, Human Capital, Supply and Regions (LHSR) team are friendly, inclusive and encouraging, at the centre of the HM Treasury’s function as an economics Ministry. We provide economic analysis, briefing and policy advice on key trends in the UK economy. We also lead analysis of the latest developments in supply, labour markets, population, regions and human capital, and deliver high-quality analysis to inform policy advice.
About the role
We are offering the opportunity to work independently on short-term demands including briefing and surveillance, alongside long-term strategic projects. You will deliver high quality analysis on a high-profile area, working closely with other analysts and policy colleagues across HM Treasury as well as external collaborators.
Key accountabilities
- Delivering impactful and timely briefing and analytical products for ministers and senior officials on labour market outcomes.
- Analysing the economic impacts of labour market policies and communicating conclusions to the Office for Budget Responsibility (OBR) as well as collaborators across HM Treasury in order to influence the policy-making process.
- Analysing new trends, risks and developing assessments of their implications, summarising key messages to contribute to the Department’s monitoring of the state of the economy and the outlook.
- Line managing junior analysts in the team, including direct line management of a student economist, supporting their development and role modelling analytical standard practice.
- You will also be supported to contribute to the corporate agenda in the Economics Group and wider department.
About you
Our ideal candidate is a hardworking and proactive individual with strong economics skills, and a willingness to build-up expertise on labour economics. However, we encourage applications from candidates who may have less experience in some of the required criteria but are curious and willing to develop their understanding. Training and support will be provided. If this sounds like you, we’d love to hear from you!
For more information on this role and our candidate requirements, please follow the apply link.
About us
HM Treasury is proud of a diverse and inclusive work environment, committed to fairness and the promotion of equality of opportunity for all. We know that having a range of experiences, ways of working and thinking makes us a stronger organisation, better at developing policy that is reflective of the communities we serve. We embrace different views and experiences and value the fresh perspective that people from a variety of circumstances bring to the work we do. We welcome applications from candidates who have not previously worked for the Civil Service, mid- and late-career changers with transferrable skills, people from all backgrounds and circumstances.
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 days after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant). Additionally, we operate flexitime systems, allowing you to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, compressed hours).
- Generous parental leave and adoption leave packages.
- A Civil Service Pension which provides an attractive pension, benefits for dependants and average employer contributions of 27%
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A Rental Deposit Advance Scheme to help meet the total costs of deposits for privately rented homes.
- Access to HM Treasury’s benefits portal allowing you access to a range of discount codes for online shopping.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity
- Access to a range of allowances if eligibility applies. These include profession related allowances.
For more information about the role and how to apply, please follow the apply link.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the HM Treasury recruitment team.
Assistant Economist – Labour Markets employer: HM TREASURY
Contact Detail:
HM TREASURY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Economist – Labour Markets
✨Tip Number 1
Familiarize yourself with current trends in the UK labour market. Understanding recent developments and economic policies will help you engage in meaningful discussions during interviews and demonstrate your proactive approach.
✨Tip Number 2
Network with professionals in the field of economics, especially those working in labour markets. Attend relevant seminars or webinars to gain insights and make connections that could be beneficial when applying for the role.
✨Tip Number 3
Prepare to discuss your analytical skills and how you've applied them in previous roles or projects. Be ready to provide examples of how your analysis has influenced decision-making or policy development.
✨Tip Number 4
Show your enthusiasm for continuous learning and development in economics. Highlight any relevant courses, certifications, or self-study initiatives that demonstrate your commitment to growing your expertise in labour economics.
We think you need these skills to ace Assistant Economist – Labour Markets
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Assistant Economist position. Understand the key accountabilities and the skills required, especially in economic analysis and labour markets.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the role. Emphasize any analytical work you've done, particularly related to labour economics or policy-making.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for economics and your desire to make a difference in people's lives. Mention specific examples of your analytical work and how it relates to the responsibilities of the role.
Show Willingness to Learn: In your application, express your curiosity and willingness to develop your understanding of labour economics. Highlight any relevant training or experiences that demonstrate your proactive approach to learning.
How to prepare for a job interview at HM TREASURY
✨Understand Labour Market Trends
Make sure to familiarize yourself with current trends and issues in the UK labour market. Being able to discuss recent developments and their implications will show your analytical skills and understanding of the role.
✨Prepare for Analytical Questions
Expect questions that assess your ability to analyze economic data and policies. Practice explaining complex economic concepts clearly and concisely, as you may need to communicate findings to non-experts.
✨Show Your Team Spirit
Since the role involves collaboration with other analysts and policy colleagues, be prepared to discuss your experience working in teams. Highlight instances where you supported others or contributed to group projects.
✨Demonstrate Curiosity and Willingness to Learn
The ideal candidate is proactive and eager to develop their expertise. Be ready to share examples of how you've pursued knowledge in economics or related fields, and express your enthusiasm for continuous learning.
