Economist – U.S. Labor

S&P Global Market Intelligence’s Pricing and Purchasing team plays a pivotal role in empowering clients to save millions by providing critical insights into price trends, cost structures, and inflation dynamics. By analyzing supplier cost models and breaking down pricing strategies, this team helps clients achieve strategic advantages in supplier negotiations and decision-making.

Role Summary: As a Labor Economist / Data Analyst, you will monitor and forecast labor price trends, delivering actionable insights to clients worldwide. This role emphasizes data-driven analysis and client engagement, helping businesses make informed decisions about wage trends and pricing strategies. With responsibilities ranging from data management to model development, you will directly contribute to improving client outcomes while supporting sales and research efforts.

Key Responsibilities:

• Maintain and update historical and forecasted labor pricing data.
• Develop and refine models for near-term wage and price forecasts tailored to a global client base.
• Draft monthly and quarterly reports, emphasizing key drivers of labor price trends.
• Respond to ad-hoc client queries, providing expert insights and methodology explanations.
• Contribute to model development initiatives and enhance forecasting techniques.

Qualifications and Experience:

Basic Qualifications:

• Bachelor’s degree in Economics (minimum).
• 3+ years of relevant experience in labor research, data analysis, or economic modeling.
• Proficiency in statistical tools and modeling techniques.
• Strong analytical and report-writing skills with an ability to distill insights into actionable recommendations.
• Exceptional organizational skills and the ability to manage multiple priorities under pressure.
• Team-oriented mindset and a client-focused approach to problem-solving.

Preferred Qualifications:

• Master’s degree in Economics or a related field.
• Interest in expanding knowledge across different industries.
• Familiarity with wage forecasting or industry-specific labor trends.

Compensation and Benefits: The anticipated base salary for this role ranges from $60,341 to $92,000, with adjustments based on location, experience, and qualifications. The role includes eligibility for an annual incentive plan and access to S&P Global’s comprehensive employee benefits package.

About the Pricing and Purchasing Team: This team serves as a trusted partner in helping businesses navigate complex market conditions by delivering tailored insights into pricing, costs, and productivity. By analyzing market trends and conducting detailed research, the team provides actionable solutions to enhance client competitiveness and decision-making.

Why Join S&P Global Market Intelligence?

Purpose-Driven Work: At S&P Global, progress isn’t accidental—it’s intentional. The company transforms data into Essential Intelligence® to empower businesses, governments, and individuals to thrive in an ever-changing world.

Our Global Impact: With over 35,000 employees worldwide, S&P Global leverages its collective expertise to tackle challenges across sustainability, supply chains, and more. By embracing innovation, the team pioneers solutions that build a better future.

Our Core Values: Integrity, Discovery, and Partnership drive every aspect of S&P Global’s operations, fostering a culture of curiosity, collaboration, and excellence.

Employee Benefits Include:

• Comprehensive healthcare and wellness programs.
• Generous time-off policies to ensure work-life balance.
• Learning and development opportunities for career growth.
• Retirement planning options and financial wellness support.
• Family-friendly perks, including support for partners and dependents.

Commitment to Inclusivity: S&P Global values diversity, equity, and inclusion. Hiring practices are guided by fairness and equal opportunity, ensuring a workplace where every employee feels respected and valued.

S&P Global is proud to be an Equal Opportunity Employer, considering all qualified candidates regardless of race, gender, age, disability, or other protected status.

Tagged as: 3 to 5 years