The Research Division at the Federal Reserve Bank of Minneapolis invites applications for an Economist, Senior Economist, or Principal Economist position in the Opportunity and Inclusive Growth Institute.
The Opportunity and Inclusive Growth Institute is an initiative within the Research Division of the Federal Reserve Bank of Minneapolis. It supports the Federal Reserve’s mandate to ensure maximum employment by conducting and promoting research into how to ensure full participation in a well-functioning economy by all American households. Economists in the Institute are expected to conduct independent research and to support Institute initiatives.
Apply by December 10, 2026 to ensure full consideration. Applications received after this date will be reviewed as the position remains open.
Employment is expected to begin in July 2027, but start date is flexible. This position requires a regular on-site presence.
Required Application Materials:
- Cover letter describing interest and fit with the Institute (one page is sufficient)
- Current cv
- Recent academic paper on an Institute-related topic (upload or provide link)
- References may be requested
Responsibilities:
- Originate and direct research projects on topics related to Institute focus areas, including but not limited to labor markets, distribution in the national economy, impacts of economic policies, growth and development of economic regions, individual or household welfare/wellbeing, or related subject areas.
- Publish research papers in leading economics research journals.
- Support the Bank’s policy mission, including by analyzing and interpreting a range of information drawing on data and broad social science research as a basis for evaluating policy alternatives, and providing these analyses to management.
Qualifications:
- PhD in Economics.
- Demonstrated strong analytical skills for current economic and policy issues. Ability to conduct research of the highest quality.
- Relevant experience, typically consisting of work as a tenure-track faculty member in an economics department or as an economist at a public or private sector institution focused on the rigorous analysis of current economic and policy issues.
- Research work in Institute-relevant topic areas, broadly defined.
Salary & Benefits:
Candidates will be considered for roles at different levels based on their experience, skills, and research background. Expected starting salary ranges are:
- Economist: $151,000 – $216,000
- Senior Economist: $184,000 – $262,000
- Principal Economist: $273,000 - $390,000
and are in addition to performance-based discretionary bonuses. Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
- Comprehensive healthcare options (Medical, Dental, and Vision)
- 401(k) match, and a fully-funded pension plan
- Paid time off and holidays
- Free public transportation passes
- Annual educational assistance
- On-site fitness facility
- Professional development programs, training and conferences
- And more…
The Minneapolis Fed is committed to fostering an environment where all employees are respected and valued. We provide equal employment opportunity to all persons and we work together to pursue an economy that works for all of us.
Additional Information:
*This position requires access to confidential supervisory information (CSI) and/or Federal Open Market Committee (FOMC) information. Access to CSI and FOMC information is limited to U.S. citizens, lawful permanent residents, individuals who meet the definition of “protected individual” under 8 U.S.C. § 1324b(a)(3), and certain other nonimmigrants. Candidates who are not U.S. citizens must sign a declaration of intent to expeditiously become a U.S. citizen when eligible.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Economics/Research Family Group
Work Shift
First (United States of America)
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
To apply, visit https://rb.wd5.myworkdayjobs.com/FRS/job/Minneapolis-MN/Economist-Sr-Economist-Principal-Economist---Opportunity-and-Inclusive-Growth-Institute_R-0000033898-1. (See posting for details.)