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Assistant Economist - Labour Markets

Organisation
HM Treasury
Locations

London (1 Horse Guards Road) or Darlington (Feethams House).

Application Deadline
Salary
£34,820 - £43,000

This post can be based in London (1 Horse Guards Road) or Darlington (Feethams House).

Job Summary

If you’re interested in making a difference to people’s lives, the Treasury can offer you an exciting opportunity to influence decision making that affects the whole of the UK. Working at the heart of government, we collaborate across government to promote responsible public spending and drive strong and sustainable economic growth.

Our work ranges from protecting customers through the regulation of the financial sector, helping to reduce carbon emissions and creating a greener economy, to promoting British trade around the world and supporting people across the country on jobs, growth and more.

We are part of the Darlington Economic Campus, a cross-government hub bringing people together to tackle key national issues while working closer to the communities we serve.

Job Description Your responsibilities will include:

  • Delivering analysis to support the annual uprating decision of the National Living Wage and National Minimum Wage and leading on the modelling to support policy decisions. You will provide advice and briefings to HM Treasury senior officials and ministers.
  • Working with analytical, policy and strategy colleagues in teams across HM Treasury and other government departments, such as the Department for Business and Trade (DBT) and the Department for Work and Pensions (DWP), to deliver key government objectives including reducing youth unemployment and delivering a genuine living wage. For example, producing analysis of employment support schemes, estimating their employment impact to aid DWP and HMT policy colleagues’ decisions.
  • Helping to build and communicate HM Treasury’s understanding of the wider evidence on labour markets, including the effect of artificial intelligence. You will be encouraged to develop and maintain a strong grasp of the external debate, engaging with leading figures from academia and the think-tank community.
  • Conducting microeconomic analysis to identify policy problems and solutions. We use data sources such as the Annual Survey of Hours and Earnings and the Labour Force Survey to model the impact of policies on, for example, employment.
  • Presenting your analytical conclusions, clearly and succinctly, to a variety of technical and non-technical audiences.

Candidate Drop-In Session The hiring manager will be running a candidate drop-in session to give you greater insight about the role and HM Treasury and ask any questions you might have. If you would like to join us, use the link below to join the call at the right time.

If you would like to speak to the hiring manager informally prior to the closing date, please contact Tom Warren at tom.warren@hmtreasury.gov.uk.

Visa sponsorship is not available for this role

Your Responsibilities Will Include

  • Delivering analysis to support the annual uprating decision of the National Living Wage and National Minimum Wage and leading on the modelling to support policy decisions. You will provide advice and briefings to HM Treasury senior officials and ministers.
  • Working with analytical, policy and strategy colleagues in teams across HM Treasury and other government departments, such as the Department for Business and Trade (DBT) and the Department for Work and Pensions (DWP), to deliver key government objectives including reducing youth unemployment and delivering a genuine living wage. For example, producing analysis of employment support schemes, estimating their employment impact to aid DWP and HMT policy colleagues’ decisions.
  • Helping to build and communicate HM Treasury’s understanding of the wider evidence on labour markets, including the effect of artificial intelligence. You will be encouraged to develop and maintain a strong grasp of the external debate, engaging with leading figures from academia and the think-tank community.
  • Conducting microeconomic analysis to identify policy problems and solutions. We use data sources such as the Annual Survey of Hours and Earnings and the Labour Force Survey to model the impact of policies on, for example, employment.
  • Presenting your analytical conclusions, clearly and succinctly, to a variety of technical and non-technical audiences.

Candidate Drop-In Session

The hiring manager will be running a candidate drop-in session to give you greater insight about the role and HM Treasury and ask any questions you might have. If you would like to join us, use the link below to join the call at the right time.

If you would like to speak to the hiring manager informally prior to the closing date, please contact Tom Warren at tom.warren@hmtreasury.gov.uk.

Visa sponsorship is not available for this role

Person specification

Application Stage Required Qualifications A degree where 2:1 was achieved with an economics component of at least 50%.

In your application form, you’ll be asked to confirm that you hold this qualification. You will need to provide evidence of this qualification if you are invited to interview.

Application Form

Applications should consist of a CV including your employment history, and a 250-word statement demonstrating evidence of each of the below shortlisting criteria. Your CV and employment history won’t be scored. It’s used to give context to your application and support discussions at interview.

The panel will review applications and invite those that best demonstrate evidence of the shortlisting criteria below for interview. Please keep this in mind when writing your application.

Please note that only applications submitted through Civil Service Jobs will be accepted.

  • Analytical/technical skills: Ability to conduct high-quality economic analysis to produce actionable conclusions.
  • Making Effective Decisions: Ability to look at complicated information, weigh up different options and clearly explain your recommendation.
  • Communicating and Influencing: Ability to communicate effectively with senior leaders and break down complicated information in such a way that it can be explained to a non-technical audience.
  • Working Together: Ability to build good relationships with colleagues from different teams and use these connections to drive goals forward.

The lead criterion is: Analytical/technical skills If we receive a high volume of applications, we’ll first sift using the lead criterion only. Those meeting the minimum score will then be assessed against all remaining criteria. Interview Stage If You Are Successful At The Application Stage, You Will Be Invited To Interview Where You Will Be Assessed Against The Same Criteria As The Application Stage

  •  Technical Skills: Ability to conduct high-quality economic analysis to produce actionable conclusions.
  • Behaviours: Making Effective Decisions, Communicating and Influencing, Working Together

Interview Task / Presentation Prior to your interview, we will contact you about a task / presentation that the panel would like you to deliver as part of the assessment. Further details will be communicated to you nearer the time.

Qualifications

A degree where 2:1 was achieved with an economics component of at least 50%.

In your application form, you’ll be asked to confirm that you hold this qualification. You will need to provide evidence of this qualification if you are invited to interview.

Behaviours

We'll assess you against these behaviours during the selection process:

  • Making Effective Decisions
  • Communicating and Influencing
  • Working Together

Technical skills

We'll assess you against these technical skills during the selection process:

  • Analytical/technical skills: Ability to conduct high-quality economic analysis to produce actionable conclusions.

Alongside your salary of £34,820, HM Treasury contributes £10,087 towards you being a member of the Civil Service Defined Benefit Pension scheme.  Find out what benefits a Civil Service Pension provides.

  • Generous Annual Leave - 25 days (rising to 30 after 5 years), plus public holidays and the King’s birthday.
  • Outstanding Pension Scheme - Defined Benefit pension with employer contributions of 28.97%
  • Parental Leave Packages - Including 6 months’ occupational pay for maternity/adoption, shared parental leave options.
  • Flexible & Hybrid Working - Options include part-time, job-share, compressed hours, flexitime, and hybrid working (where business needs allow).
  • Advance Schemes & Discounts - Rental deposit, cycle-to-work, SmartTech, season ticket loans, and access to HM Treasury’s benefits portal for a wide range of discount code

Apply before 11:55 pm on Sunday 31st May 2026


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