The table below looks at the prevalence of the term Economics in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 7 July 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
7 Jul 2015
Same period 2014 Same period 2013
Economics
Rank - - -
Contract jobs citing Economics 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £350 £373 £420
% change year-on-year
-6.04% -11.30%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £25.00 £52.50
% change year-on-year
- -52.38%
Economics
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Canary Wharf region.

Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
69 56 179
As % of all contract IT jobs located in Canary Wharf 39.66% 55.45% 53.92%
Number of daily rates quoted 45 26 133
Average daily rate £475 £500 £600
Average daily rate % change year-on-year
-5.00% -16.66%
90% offered a daily rate of more than £350 £215 £359
10% offered a daily rate of more than £563 £650 £665
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 3 7 0
Average hourly rate £24.13 £18.00 -
Average hourly rate % change year-on-year
+34.02% -
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

Economics
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Economics across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Economics Jobs Demand Trend in Canary Wharf

Economics
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Economics across the Canary Wharf region.

Economics Daily Rate Trend in Canary Wharf