The table below looks at the prevalence of the term Aerospace in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Aerospace over the 3 months to 29 September 2016 with a comparison to the same period over 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.

3 months to
29 Sep 2016
Same period 2015 Same period 2014
Aerospace
Rank - 183 209
Contract jobs citing Aerospace 0 2 5
As % of all contract IT jobs located in the City of London - 0.043% 0.085%
As % of the General category - 0.082% 0.16%
Number of daily rates quoted 0 2 5
Median daily rate - £476 £340
Median daily rate % change year-on-year
- +39.92%
UK excluding London median daily rate £380 £446 £425
% change year-on-year
-14.84% +5.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £41.25 £42.00 £40.00
% change year-on-year
-1.78% +5.00%
Aerospace
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the City of London region.

General Category
City of London
Contract IT job ads with a match in the
General category
1762 2442 3035
As % of all contract IT jobs located in the City of London 51.51% 52.61% 51.43%
Number of daily rates quoted 1414 1886 2258
Median daily rate £495 £500 £475
Median daily rate % change year-on-year
-1.00% +5.26%
90% offered a daily rate of more than £338 £325 £300
10% offered a daily rate of more than £675 £650 £650
UK excluding London median daily rate £400 £400 £396
% change year-on-year
- +1.01%
Number of hourly rates quoted 9 28 31
Median hourly rate £19.92 £21.50 £18.50
Median hourly rate % change year-on-year
-7.34% +16.21%
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £32.50 £40.00 £27.63
UK excluding London median hourly rate £20.50 £30.00 £26.38
% change year-on-year
-31.66% +13.74%

Aerospace
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Aerospace as a proportion of all IT contracts with a match in the General category.

Aerospace Jobs Demand Trend in the City of London

Aerospace
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Aerospace across the City of London region.

Aerospace Daily Rate Trend in the City of London

Aerospace
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Aerospace across the City of London region.

Aerospace Hourly Rate Trend in the City of London