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Economic Data Analyst - HYBRID - Statistics Experience - Job Opportunity at CAFCO Group

New York, US
Full-time
Mid-level
Posted: April 14, 2025
Hybrid
USD 83,000 - 166,000 per year

Benefits

Comprehensive 401(k) retirement planning with potential employer matching
Full dental coverage including preventive and major procedures
Comprehensive health insurance package
Flexible paid time off policy supporting work-life balance
Vision insurance with coverage for exams and eyewear
Hybrid work arrangement with flexible scheduling

Key Responsibilities

Lead quantitative research initiatives analyzing market trends and economic indicators
Develop and maintain automated data collection systems using advanced programming tools
Produce comprehensive economic analysis reports for strategic decision-making
Design and implement statistical models for market behavior prediction
Create and present executive-level data visualizations and insights
Conduct in-depth industry research and provide strategic recommendations

Requirements

Education

Bachelor's degree in Economics, Finance, Statistics, or related field (Master's preferred)

Experience

Minimum of 3 years of experience in economics, transportation, or statistical analysis

Required Skills

Microsoft Excel PowerPoint Word Access Power BI R Python EViews Stata Statistical analysis Data automation Research methodology Technical writing Project management

Certifications

SWAC I.D. security clearance (required upon hiring)
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Sauge AI Market Intelligence

Industry Trends

The increasing demand for data analysts with economic expertise reflects the growing importance of data-driven decision making in policy and business strategy. Transportation sector analysis is becoming crucial as supply chain dynamics and urban mobility patterns evolve post-pandemic. The integration of programming skills with traditional economic analysis indicates a shift toward automated, scalable analytical processes.

Salary Evaluation

The offered salary range of $83,000-$166,000 is competitive for the NYC market, reflecting the hybrid nature and specialized skill requirements. The wide range suggests room for experience-based negotiation and performance scaling.

Role Significance

Likely part of a specialized analytics team of 5-8 members, working cross-functionally with various departments given the multi-disciplinary nature of projects.
Mid-level position with significant analytical responsibility and potential for strategic impact. The role requires both technical expertise and business acumen, suggesting growth potential into senior analytical or management positions.

Key Projects

Economic impact analysis and forecasting for transportation initiatives Market behavior modeling and trend analysis Development of automated data collection and analysis systems Strategic research projects involving multiple stakeholders

Success Factors

Strong foundation in statistical methods and economic theory Ability to translate complex data into actionable insights Excellent project management and time management skills Advanced programming capabilities in Python or R Strong communication skills for presenting technical findings to non-technical audiences

Market Demand

High demand position with growing market need, particularly in NYC's financial sector. The combination of economic analysis and programming skills makes this role increasingly valuable as organizations emphasize data-driven decision making.

Important Skills

Critical Skills

Statistical analysis expertise is fundamental for core job functions Programming skills in Python/R essential for automation and efficiency Advanced Excel and data visualization capabilities crucial for deliverable quality

Beneficial Skills

Knowledge of transportation economics adds significant value Experience with Power BI indicates modern data visualization needs Project management skills enhance career growth potential

Unique Aspects

Combination of economic analysis with transportation sector focus provides unique career development opportunity
Security clearance requirement indicates work on sensitive or government projects
Location at World Trade Center suggests high-profile client exposure

Career Growth

2-3 years in role with potential for advancement based on project success and skill development. The hybrid nature and exposure to various projects provide accelerated learning opportunities.

Potential Next Roles

Senior Economic Analyst Data Science Team Lead Economic Research Manager Quantitative Strategy Director

Company Overview

CAFCO Group

CAFCO Group appears to be a professional services firm specializing in economic and transportation analysis, likely serving both public and private sector clients.

Mid-sized consulting firm with specialized focus on economic and transportation analysis, competing with larger consulting firms while maintaining expertise in niche markets.
Strong presence in New York City with potential national reach, particularly in transportation and economic analysis sectors.
Professional environment with emphasis on analytical rigor and collaborative project work. Hybrid work model suggests progressive approach to work-life balance.
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