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 17 December 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
17 Dec 2014
Same period 2013 Same period 2012
Economics
Rank 191 196 197
Rank change year-on-year
+5 +1
Contract jobs citing Economics 5 20 4
As % of all contract IT jobs located in the City of London 0.088% 0.29% 0.065%
As % of the Miscellaneous category 0.24% 0.77% 0.18%
Number of daily rates quoted 4 10 4
Average daily rate
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£346 £538 £460
Average daily rate % change year-on-year
-35.60% +16.84%
90% offered a daily rate of more than £195 £418 £336
10% offered a daily rate of more than £482 £679 £560
UK excluding London average daily rate £390 £343 £305
% change year-on-year
+13.86% +12.29%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £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
2054 2601 2242
As % of all contract IT jobs located in the City of London 36.33% 38.07% 36.51%
Number of daily rates quoted 1620 1929 1716
Average daily rate £475 £475 £488
Average daily rate % change year-on-year
- -2.56%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £365 £350 £340
% change year-on-year
+4.28% +2.94%
Number of hourly rates quoted 27 44 63
Average hourly rate £16.25 £20.00 £22.50
Average hourly rate % change year-on-year
-18.75% -11.11%
90% offered a hourly rate of more than £13.09 £14.01 £12.80
10% offered a hourly rate of more than £22.40 £42.50 £58.00
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%

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 17 December 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 17 December 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 8 (80.00%) Degree
2 5 (50.00%) Statistics
2 5 (50.00%) Mathematics
2 5 (50.00%) Finance
3 4 (40.00%) Analytical Skills
4 3 (30.00%) Analytics
5 2 (20.00%) Hadoop
5 2 (20.00%) Quality Management
5 2 (20.00%) Front Office
5 2 (20.00%) Risk Assessment
5 2 (20.00%) Scrum
5 2 (20.00%) Java
5 2 (20.00%) SQL
5 2 (20.00%) VBA
5 2 (20.00%) Python
5 2 (20.00%) MS Excel
5 2 (20.00%) Business Intelligence
5 2 (20.00%) Microsoft
5 2 (20.00%) Marketing
5 2 (20.00%) Derivative
5 2 (20.00%) Agile Software Development
5 2 (20.00%) Banking
5 2 (20.00%) Data Analysis
5 2 (20.00%) User Acceptance Testing
5 2 (20.00%) Predictive Modelling
5 2 (20.00%) R
6 1 (10.00%) SiteCatalyst
6 1 (10.00%) Hitwise
6 1 (10.00%) Tableau
6 1 (10.00%) D3.js

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

For the 6 months to 17 December 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 1 (10.00%) SAS
1 1 (10.00%) Apache Pig
Applications
1 2 (20.00%) MS Excel
2 1 (10.00%) Weka
2 1 (10.00%) Spreadsheet
Business Applications
1 1 (10.00%) SiteCatalyst
Database & Business Intelligence
1 2 (20.00%) Hadoop
2 1 (10.00%) Mahout
2 1 (10.00%) Big Data
2 1 (10.00%) Apache Hive
2 1 (10.00%) MongoDB
2 1 (10.00%) QlikView
2 1 (10.00%) Data Warehouse
2 1 (10.00%) Data Mining
2 1 (10.00%) SQL Server
2 1 (10.00%) DB2
2 1 (10.00%) Impala
General
1 5 (50.00%) Finance
2 2 (20.00%) Front Office
2 2 (20.00%) Marketing
2 2 (20.00%) Banking
3 1 (10.00%) Investment Banking
3 1 (10.00%) Publishing
3 1 (10.00%) Telecoms
Job Titles
1 4 (40.00%) Analyst
2 2 (20.00%) Business Analyst
2 2 (20.00%) Tester
2 2 (20.00%) Senior Tester
2 2 (20.00%) Test Leader
3 1 (10.00%) Senior Data Modeller
3 1 (10.00%) Investment Banking Business Analyst
3 1 (10.00%) Web Analyst
3 1 (10.00%) Business Intelligence Analyst
3 1 (10.00%) Data Modeller
3 1 (10.00%) Senior Data Analyst
3 1 (10.00%) Architect
3 1 (10.00%) Senior Analyst
3 1 (10.00%) Data Analyst
3 1 (10.00%) Junior
3 1 (10.00%) Developer
Libraries, Frameworks & Software Standards
1 1 (10.00%) D3.js
1 1 (10.00%) SciPy
1 1 (10.00%) Pandas
Miscellaneous
1 5 (50.00%) Statistics
1 5 (50.00%) Mathematics
2 4 (40.00%) Analytical Skills
3 2 (20.00%) Derivative
4 1 (10.00%) Equity Derivative
4 1 (10.00%) Computer Science
4 1 (10.00%) Fixed Income
4 1 (10.00%) Equities
4 1 (10.00%) Visualisation
Processes & Methodologies
1 3 (30.00%) Analytics
2 2 (20.00%) Quality Management
2 2 (20.00%) Risk Assessment
2 2 (20.00%) Scrum
2 2 (20.00%) Business Intelligence
2 2 (20.00%) Agile Software Development
2 2 (20.00%) Data Analysis
2 2 (20.00%) User Acceptance Testing
2 2 (20.00%) Predictive Modelling
3 1 (10.00%) Data Architecture
3 1 (10.00%) Business Analysis
3 1 (10.00%) Web Analytics
3 1 (10.00%) Database Marketing
3 1 (10.00%) Project Management
3 1 (10.00%) Data Modelling
3 1 (10.00%) ETL
3 1 (10.00%) RAD
3 1 (10.00%) Econometrics
3 1 (10.00%) Stakeholder Management
3 1 (10.00%) Change Management
Programming Languages
1 2 (20.00%) Java
1 2 (20.00%) SQL
1 2 (20.00%) VBA
1 2 (20.00%) Python
1 2 (20.00%) R
Qualifications
1 8 (80.00%) Degree
Quality Assurance & Compliance
1 1 (10.00%) QA
Vendors
1 2 (20.00%) Microsoft
2 1 (10.00%) Hitwise
2 1 (10.00%) Tableau
2 1 (10.00%) Omniture
2 1 (10.00%) Oracle
2 1 (10.00%) Business Objects
2 1 (10.00%) Cadence
2 1 (10.00%) Teradata