The table below looks at the prevalence of the term Economics in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 1 October 2014 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
1 Oct 2014
Same period 2013 Same period 2012
Economics
Rank 194 198 214
Rank change year-on-year
+4 +16
Contract jobs citing Economics 4 31 14
As % of all contract IT jobs located in the City of London 0.069% 0.43% 0.18%
As % of the Miscellaneous category 0.20% 1.15% 0.47%
Number of daily rates quoted 4 12 8
Average daily rate
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£425 £538 £425
Average daily rate % change year-on-year
-20.93% +26.47%
90% offered a daily rate of more than £373 £476 £375
10% offered a daily rate of more than £513 £661 £650
UK excluding London average daily rate £348 £395 £400
% change year-on-year
-11.89% -1.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.50 - £32.50
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 City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2013 2702 2985
As % of all contract IT jobs located in the City of London 34.62% 37.42% 38.89%
Number of daily rates quoted 1475 2008 2190
Average daily rate £470 £475 £475
Average daily rate % change year-on-year
-1.05% -
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 48 54 65
Average hourly rate £17.50 £19.50 £20.00
Average hourly rate % change year-on-year
-10.25% -2.50%
90% offered a hourly rate of more than £11.50 £13.50 £11.55
10% offered a hourly rate of more than £36.50 £36.25 £39.50
UK excluding London average hourly rate £18.00 £17.50 £26.00
% change year-on-year
+2.85% -32.69%

Economics
Jobs Demand Trend in the City of London

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

Economics Jobs Demand Trend in the City of London

Economics
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 Economics across the City of London region.

Economics Daily Rate Trend in the City of London

Economics
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the City of London region over the 3 months to 1 October 2014.

Economics Daily Rate Histogram in the City of London

Economics
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 Economics across the City of London region.

Economics Hourly Rate Trend in the City of London

Economics
Top 30 Related IT Skills in the City of London

For the 6 months to 1 October 2014, IT contractor jobs across the City of London region citing Economics also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics.

1 13 (72.22%) Degree
2 10 (55.56%) Finance
3 9 (50.00%) Analytical Skills
4 7 (38.89%) Banking
5 6 (33.33%) Investment Banking
5 6 (33.33%) SQL
5 6 (33.33%) Mathematics
6 5 (27.78%) Computer Science
6 5 (27.78%) Front Office
7 4 (22.22%) Fixed Income
7 4 (22.22%) Risk Assessment
7 4 (22.22%) Statistics
7 4 (22.22%) Microsoft
7 4 (22.22%) SQL Server
8 3 (16.67%) .NET
8 3 (16.67%) Oracle
8 3 (16.67%) C#
8 3 (16.67%) Python
8 3 (16.67%) RDBMS
8 3 (16.67%) Derivative
8 3 (16.67%) Agile Software Development
8 3 (16.67%) Software Engineering
8 3 (16.67%) Oracle Database
8 3 (16.67%) Relational Database
9 2 (11.11%) Mentoring
9 2 (11.11%) Analytics
9 2 (11.11%) QA
9 2 (11.11%) Big Data
9 2 (11.11%) User Acceptance Testing
9 2 (11.11%) Amazon EC2

Economics
Top Related IT Skills in the City of London by Category

For the 6 months to 1 October 2014, IT contractor jobs across the City of London region citing Economics also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics. Up to 20 skills are shown per category.

Application Platforms
1 2 (11.11%) SAS
Applications
1 2 (11.11%) MS PowerPoint
1 2 (11.11%) SPSS
1 2 (11.11%) MS Excel
Business Applications
1 1 (5.56%) SiteCatalyst
Cloud Services
1 2 (11.11%) Amazon EC2
Database & Business Intelligence
1 4 (22.22%) SQL Server
2 3 (16.67%) RDBMS
2 3 (16.67%) Oracle Database
2 3 (16.67%) Relational Database
3 2 (11.11%) Big Data
4 1 (5.56%) Data Warehouse
4 1 (5.56%) Microsoft Analysis Services
4 1 (5.56%) Apache Hive
4 1 (5.56%) MongoDB
4 1 (5.56%) SQL Server Analysis Services
4 1 (5.56%) Hadoop
General
1 10 (55.56%) Finance
2 7 (38.89%) Banking
3 6 (33.33%) Investment Banking
4 5 (27.78%) Front Office
5 2 (11.11%) Retail
5 2 (11.11%) Marketing
6 1 (5.56%) Corporate Banking
6 1 (5.56%) Publishing
Job Titles
1 8 (44.44%) Analyst
2 5 (27.78%) Developer
3 3 (16.67%) C# Developer
4 2 (11.11%) Test Leader
4 2 (11.11%) Insight Analyst
4 2 (11.11%) Senior Tester
4 2 (11.11%) Information Analyst
4 2 (11.11%) Risk Analyst
4 2 (11.11%) Information Security Analyst
4 2 (11.11%) Security Analyst
4 2 (11.11%) Security Risk Analyst
4 2 (11.11%) Investment Banking Business Analyst
4 2 (11.11%) Business Analyst
4 2 (11.11%) Tester
4 2 (11.11%) Senior Developer
5 1 (5.56%) Architect
5 1 (5.56%) Data Analyst
5 1 (5.56%) Web Analyst
5 1 (5.56%) Senior Analyst
5 1 (5.56%) Business Manager
Libraries, Frameworks & Software Standards
1 3 (16.67%) .NET
2 2 (11.11%) XML
3 1 (5.56%) COM
3 1 (5.56%) WCF
3 1 (5.56%) WPF
Miscellaneous
1 9 (50.00%) Analytical Skills
2 6 (33.33%) Mathematics
3 5 (27.78%) Computer Science
4 4 (22.22%) Fixed Income
4 4 (22.22%) Statistics
5 3 (16.67%) Derivative
6 1 (5.56%) Foreign Exchange (FX)
6 1 (5.56%) Grid Computing
6 1 (5.56%) FMCG
6 1 (5.56%) Credit Risk
6 1 (5.56%) Physics
6 1 (5.56%) Algorithms
Operating Systems
1 2 (11.11%) UNIX
2 1 (5.56%) Windows
Processes & Methodologies
1 4 (22.22%) Risk Assessment
2 3 (16.67%) Agile Software Development
2 3 (16.67%) Software Engineering
3 2 (11.11%) Mentoring
3 2 (11.11%) Analytics
3 2 (11.11%) User Acceptance Testing
3 2 (11.11%) Scrum
3 2 (11.11%) Risk Management
3 2 (11.11%) Data Analysis
3 2 (11.11%) Information Security
3 2 (11.11%) Quality Management
3 2 (11.11%) Information Security Management
3 2 (11.11%) Security Management
3 2 (11.11%) Business Intelligence
3 2 (11.11%) BCP
3 2 (11.11%) OO
4 1 (5.56%) Data Modelling
4 1 (5.56%) Statistical Analysis
4 1 (5.56%) Web Analytics
4 1 (5.56%) Stakeholder Management
Programming Languages
1 6 (33.33%) SQL
2 3 (16.67%) C#
2 3 (16.67%) Python
3 2 (11.11%) Shell Script
4 1 (5.56%) C++
4 1 (5.56%) Java
4 1 (5.56%) VBA
4 1 (5.56%) R
Qualifications
1 13 (72.22%) Degree
2 2 (11.11%) CISA
2 2 (11.11%) CISM
2 2 (11.11%) CISSP
3 1 (5.56%) Postgraduate
3 1 (5.56%) CFA
Quality Assurance & Compliance
1 2 (11.11%) QA
System Software
1 1 (5.56%) Platform Symphony
Vendors
1 4 (22.22%) Microsoft
2 3 (16.67%) Oracle
3 1 (5.56%) Omniture
3 1 (5.56%) Hitwise
City of London
Progressive Recruitment
Rate: £100 per day + competitive
Posted: 12 days ago