What Options for Increasing the Federal Minimum Wage Did CBO Examine?ĬBO examined three options for increasing the federal minimum wage. But other low-wage workers would become jobless, and their family income would fall-in some cases, below the poverty threshold. For most low-wage workers, earnings and family income would increase, which would lift some families out of poverty. Increasing the federal minimum wage would have two principal effects on low-wage workers. Salary Range: $150K - $200K Minimum Qualification Life SciencesEstimated Salary: $20 to $28 per hour based on qualifications.The federal minimum wage of $7.25 per hour has not changed since 2009, though many states and localities have set their minimum wage above that level. Additional information This job is being filled by an alternative hiring process and is not in the competitive civil service. in economics or a closely related discipline a minimum of seven years of experience in macroeconomic analysis and the skills necessary to strategically guide all the divisions work. TECHNICAL Qualifications: See Qualifications above Education EDUCATION: The applicant must have an advanced degree preferably a Ph.D. The applicant must also have superior knowledge of macroeconomics, especially forecasting and policy analysis be a strong leader of people who can provide direction, promote professional development, and foster collaboration be a strong manager of research and writing projects and have the interpersonal skills to work effectively with many stakeholders in the Congress, in the professional and academic communities, and within CBO. Help Requirements Conditions of Employment US citizenship or current permanent residents seeking citizenship SPECIAL REQUIREMENTS: BACKGROUND INVESTIGATION OR CLEARANCE Qualifications The applicant must have an advanced degree preferably a Ph.D.in economics or a closely related discipline a minimum of seven years of experience in macroeconomic analysis and the skills necessary to strategically guide all the divisions work. In addition, the work includes recruiting, project management, and administration. The Deputy Director may also provide briefings to Congressional staff and outside audiences to communicate the results of the divisions research. Because CBO places a strong emphasis on the quality of its publications, a significant part of the Deputy Directors time is devoted to reviewing and commenting on drafts of reports. The primary responsibility is working closely with analysts to develop sound analytical approaches and methods that result in clear, concise, and well-structured reports. Clarification from the agency Duties The Deputy Director works closely with the Director of Macroeconomic Analysis to manage the divisions operations and research portfolio. CBO seeks a Deputy Director of Macroeconomic Analysis to assist leading a division that monitors economic conditions, prepares CBO's economic forecast, and conducts analyses of the effects of fiscal policy on the economy and on the federal budget. Summary CBO is a nonpartisan agency that provides economic and budgetary analysis to the Congress and is ranked as one of the best places to work among small federal agencies.
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