Economist/Senior Economist/Economic Advisor – Macroeconomics
Listed on 2026-09-12
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Finance & Banking
Economics
Company
Federal Reserve Bank of Chicago
PositionEconomist/Senior Economist/Economic Advisor – Macroeconomics
Areas- E1:
General Aggregative Models - E2:
Consumption, Saving, Production, Investment, Labor Markets - E3:
Prices, Business Fluctuations, and Cycles - E4:
Money and Interest Rates - E5:
Monetary Policy, Central Banking, and the Supply of Money and Credit - E6:
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
The Economic Research Department of the Federal Reserve Bank of Chicago invites applications for an Economist, Senior Economist or Economic Advisor position on the Macroeconomics team.
The Bank will consider applications from seasoned candidates with a strong publication record in economics and finance journals and at least 3 years of experience in an academic or similar research setting.
Successful candidates will be expected to conduct independent research that is published in leading academic journals, provide in-depth analysis for Bank policy briefings, and contribute to the mission of the Bank. Excellent communication skills are required.
The research staff at the Federal Reserve Bank of Chicago is a collegial group of economists with expertise in a variety of fields. The Chicago Fed provides an excellent research environment together with substantial support for research and competitive benefits. Salaries are commensurate with experience and level of achievement.
The Federal Reserve Banks are committed to equal employment opportunities for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
More information on the Economic Research Department is at:
http://www.chicagofed.org/webpages/research/index.cfm
- The expected starting salary range for the Economist position is between $165,000 and $290,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.
- The expected starting salary range for the Senior Economist position is between $210,000 and $320,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.
- The expected starting salary range for the Senior Economist & Economic Advisor position is between $220,000 and $400,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant’s relevant experience, skills, internal equity, and alignment with geographic and other market data.
- The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.chicagofed.org/careers/the benefits
- A continuous learning environment with opportunities to gain new skills and grow your career.
- This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
- This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and…
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