Economic Research Analyst
The Jerome Levy Forecasting Center seeks applications for the full-time position of Economic Research Analyst from outstanding individuals pursuing a career in economics or finance.
The Jerome Levy Forecasting Center LLC (www.levyforecast.com) is a 70+ year-old macroeconomic research and consulting company. It conducts unique, financially-oriented economic analysis and provides insights to an elite clientele of financial institutions, fund managers, and nonfinancial firms.
The Economic Research Analyst will work as part of a team of economists engaged in collecting and analyzing data and forecasting macroeconomic and financial conditions. The analyst will contribute to writing, editing, and producing research publications and client presentations, assist with business development, and provide research for the firm’s managed investment portfolio.
- Bachelor’s degree in economics or related field with extensive economics coursework
- Outstanding academic record from high-ranking institution(s)
- Strong communication skills and, especially, excellent writing and editing skills
- High degree of competency at mathematics and data analysis
- Flexibility working in rapidly changing environment with shifting priorities and deadlines
- Ability to work well both independently and collaboratively
- Computer literacy
Working experience in economics, banking, finance, business research, or related areas is a plus.
The ideal candidate will be detail-oriented, capable of deep critical thinking, intellectually curious, and a creative thinker. He or she will be comfortable working in a variety of capacities to help the organization achieve its goals.
The Jerome Levy Forecasting Center is an intimate and intellectually challenging work environment. The Economic Research Analyst will work closely with all members of the research staff on a daily basis and will be deeply involved in the forecasting process. The research is not “mindless number crunching” but rather both quantitative and qualitative in nature, covering macroeconomic data, press reports, industry publications, academic research, Wall Street analysis, and financial market data.
Annual salary range from $65,000 to $72,000 and competitive benefits
Growth potential within the firm
The day-to-day work of the position is remote but preference will be given to candidates in and around New York City and Westchester County who can attend periodic in-person meetings in Westchester.
Applications should be sent via email to [email protected], or by postal mail to:
The Jerome Levy Forecasting Center LLC
PO Box 327
Mount Kisco, New York 10549
Incomplete applications will not be considered. Applications should include:
- Cover letter describing the applicant’s career goals, interest in the position, and qualifications, including relevant work experience and/or coursework
- Undergraduate GPA and graduate GPA, if any
- A writing sample
- Contact information for three references
For further information, write to [email protected]
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status.
“[T]he key determinant of [economic] system behavior remains the level of profits. [My] financial instability hypothesis incorporates the Kalecki-Levy view of profits, in which the structure of aggregate demand determines profits.”Hyman Minsky, seminal 20th century economist whose financial instability hypothesis has gained popularity in the wake of the financial crises of recent years. Often overlooked by his admirers is that the Profits Perspective was at the core of his analysis.
“Mainstream economic theories are not adequately explaining consumer and government behavior in this cycle. Wall Street practitioners are thus turning to alternative theories, and the Levy-Kalecki formula—independently developed by New York physicist-entrepreneur Jerome Levy in 1914 and Polish economist Michal Kalecki in 1935 and then unified by American economist Hyman Minsky in the 1960s—is helping to better elucidate the relationship among debt, savings, and profits.”Jon Markman, MSN Money
“I have followed the work of the Jerome Levy Forecasting Center for well over a decade and have found it a uniquely valuable and insightful resource. The Center's dual focus on the sources of profits and the effects of financial activity on the economy substantially differentiates the analysis from traditional Wall Street macroeconomic research. As an aid to me in anticipating economic events and formulating investment strategies in these turbulent times, it stands heads above any other research available.”Chuck Clough, Chairman and CEO, Clough Capital Partners, LLC; former Chief Investment Strategist, Merrill Lynch
“I learned to pay attention to the connections between economic theory and daily events by watching my father [Jerome Levy] investing according to his theories on the interplay of capital spending, profits, and the course of the economy... [L]ong after Dad died, I continued to turn to Jay, and then David as well, who have turned Dad’s ideas into a set of tools for making economic predictions.”Leon Levy, former senior partner of Oppenheimer & Co.; founder of the Oppenheimer mutual fund empire; founding partner in Odyssey Partners
“I have followed the Levy forecasts for 45 years. If I had to make do with only one tool to help me succeed, it would be the insights of the Levy Forecasting Center.”Brian F. Wruble, former Chief Investment Officer and Executive Vice President of Equitable Life; former CEO, the Delaware Group Mutual Funds
“[Jay and David Levy’s] predictions of the decline and fall of the economy have been right as rain. Father and son, they’ve been at this game a lot of years, and while not infallible (a quality restricted to popes and financial journalists), they have a truly extraordinary record of being right.”Alan Abelson, Barron's