Economic Research, Internship – Summer 2027

Federal Reserve Banks; Kansas City (MO); On-site; USD 25,000 - 33,000; Full time

Job summary

The Federal Reserve Bank of Kansas City offers a ten-week paid summer internship in the Economics Research department. Interns work with a staff economist on a project extracting labor market information from early 20th century newspapers and primarily use Python to process the data.

This position is ideal for students considering a Ph.D. in economics, providing exposure to a range of topics including international trade, macroeconomics, monetary policy, and labor economics.

Qualifications

• Pursuing or completed undergraduate studies in economics, statistics, math, or CS.
• Strong academic record with quantitative focus.
• Excellent analytical and problem-solving abilities.
• Effective written and verbal communication skills.

Responsibilities

• Collaborate with staff economist on an academic research project.
• Use Python to process the newspapers and extract labor market information.
• Engage in empirical analysis and data handling relevant to the study.
• Develop technical skills through exposure to economic research topics.

Skills

Analytical thinking

Strong written and oral communication

Independent work

Education

Bachelor's degree in economics or closely related field (statistics, mathematics, or CS)

Tools

Python

R

Job description

Federal Reserve Bank of Kansas City

When you join the Federal Reserve the nations central bank youll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and were building a dynamic and diverse team for our future.

The Federal Reserve Bank of Kansas City has an opening for a ten-week paid summer internship in Economics Research department. The department conducts innovative analysis and research on a variety of topics, including international trade, macroeconomics, monetary policy, and labor economics.

Key Activities

• The Intern will work with a staff economist on an academic research project to extract labor market information from newspapers of the early 20th century.
• The main activity will include using Python to process the newspapers.
• This is an excellent position for someone who is passionate about research and considering a Ph.D. in economics.
• Interns develop technical skills and are exposed to a range of economic research topics.

Qualifications

• Undergraduate students with a graduation date between May 2027 - May 2028, or current graduate students.
• Pursuing a degree in economics or a closely related field such as statistics, mathematics, or computer science.
• Proficiency in Python required; knowledge of R desirable.
• Experience with empirical research and data analysis highly desirable.
• Exceptional academic record.
• Strong analytical foundation.Solid written and oral communication skills.
• Ability to work independently toward desired goals.

How We Work:

• On-site, full-time with 5 days per month remote work flexibility
• Location: Kansas City, MO
• Remote Eligible: No

Pay Rate:

• $21.00 per hour

Screening Requirements: Certain eligibility requirements apply.

Sponsorship: The Federal Reserve System will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

About Us

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Full Time / Part Time Full time

Regular / Temporary Temporary

Job Exempt (Yes / No) No

Job Category Internship 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.