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 contractor rates offered in IT contracts that have cited Economics over the 3 months to 26 May 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
26 May 2016
Same period 2015 Same period 2014
Economics
Rank 157 193 184
Rank change year-on-year
+36 -9
Contract jobs citing Economics 4 8 30
As % of all contract IT jobs located in the City of London 0.12% 0.15% 0.50%
As % of the Miscellaneous category 0.31% 0.40% 1.30%
Number of daily rates quoted 4 6 23
Median daily rate £500 £396 £450
Median daily rate % change year-on-year
+26.18% -11.94%
90% offered a daily rate of more than £465 £294 £345
10% offered a daily rate of more than £579 £513 £510
UK excluding London median daily rate £432 £345 £330
% change year-on-year
+25.21% +4.54%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £25.00
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
1285 1997 2301
As % of all contract IT jobs located in the City of London 38.58% 36.76% 38.47%
Number of daily rates quoted 1058 1558 1758
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 18 33 28
Median hourly rate £19.00 £20.83 £21.00
Median hourly rate % change year-on-year
-8.79% -0.79%
90% offered a hourly rate of more than £12.50 £14.00 £12.10
10% offered a hourly rate of more than £50.00 £53.85 £50.00
UK excluding London median hourly rate £21.50 £17.50 £20.50
% change year-on-year
+22.85% -14.63%

Economics
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Economics as a proportion of all IT contracts with a match in 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 26 May 2016.

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 26 May 2016, IT contractor jobs citing Economics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Economics.

1 4 (66.67%) Finance
2 3 (50.00%) Agile Software Development
2 3 (50.00%) SQL
2 3 (50.00%) Computer Science
2 3 (50.00%) Degree
3 2 (33.33%) JIRA
3 2 (33.33%) Confluence
3 2 (33.33%) Atlassian
3 2 (33.33%) User Stories
3 2 (33.33%) PRINCE2
3 2 (33.33%) SAS
3 2 (33.33%) Change Management
4 1 (16.67%) Information Security Management
4 1 (16.67%) Security Management
4 1 (16.67%) Front Office
4 1 (16.67%) Risk Management
4 1 (16.67%) Banking
4 1 (16.67%) Data Analysis
4 1 (16.67%) Investment Banking
4 1 (16.67%) MS PowerPoint
4 1 (16.67%) Statistics
4 1 (16.67%) Marketing
4 1 (16.67%) Validation
4 1 (16.67%) Fixed Income
4 1 (16.67%) Stata
4 1 (16.67%) Risk Assessment
4 1 (16.67%) Information Security
4 1 (16.67%) CISA
4 1 (16.67%) CISM
4 1 (16.67%) Quality Management

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (33.33%) Confluence
1 2 (33.33%) SAS
Applications
1 1 (16.67%) MS PowerPoint
1 1 (16.67%) SPSS
1 1 (16.67%) Stata
Database & Business Intelligence
1 1 (16.67%) Data Mining
1 1 (16.67%) Oracle Database
1 1 (16.67%) RDBMS
1 1 (16.67%) Relational Database
1 1 (16.67%) SQL Server
Development Applications
1 2 (33.33%) JIRA
General
1 4 (66.67%) Finance
2 1 (16.67%) Banking
2 1 (16.67%) Front Office
2 1 (16.67%) Investment Banking
2 1 (16.67%) Marketing
Job Titles
1 2 (33.33%) Developer
1 2 (33.33%) Project Manager
2 1 (16.67%) .NET Developer
2 1 (16.67%) Agile Project Manager
2 1 (16.67%) Analyst
2 1 (16.67%) C# .NET Developer
2 1 (16.67%) C# Developer
2 1 (16.67%) Credit Risk Developer
2 1 (16.67%) Data Analyst
2 1 (16.67%) Data Mining Analyst
2 1 (16.67%) Digital Agile Project Manager
2 1 (16.67%) Digital Project Manager
2 1 (16.67%) Oracle Developer
2 1 (16.67%) Quantitative Developer
2 1 (16.67%) SQL Analyst
2 1 (16.67%) SQL Data Analyst
2 1 (16.67%) SQL Developer
2 1 (16.67%) Technical Manager
2 1 (16.67%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 1 (16.67%) .NET
Miscellaneous
1 3 (50.00%) Computer Science
2 1 (16.67%) Analytical Skills
2 1 (16.67%) Credit Risk
2 1 (16.67%) Fixed Income
2 1 (16.67%) Market Risk
2 1 (16.67%) Mathematics
2 1 (16.67%) Statistics
Processes & Methodologies
1 3 (50.00%) Agile Software Development
2 2 (33.33%) Change Management
2 2 (33.33%) PRINCE2
2 2 (33.33%) User Stories
3 1 (16.67%) Business Intelligence
3 1 (16.67%) Data Analysis
3 1 (16.67%) Information Security
3 1 (16.67%) Information Security Management
3 1 (16.67%) Quality Management
3 1 (16.67%) Risk Assessment
3 1 (16.67%) Risk Management
3 1 (16.67%) Security Management
3 1 (16.67%) Stress Testing
3 1 (16.67%) Validation
Programming Languages
1 3 (50.00%) SQL
2 1 (16.67%) C#
2 1 (16.67%) C++
2 1 (16.67%) MATLAB
2 1 (16.67%) R
Qualifications
1 3 (50.00%) Degree
2 1 (16.67%) CISA
2 1 (16.67%) CISM
2 1 (16.67%) CISSP
2 1 (16.67%) SC Cleared
2 1 (16.67%) Security Cleared
Vendors
1 2 (33.33%) Atlassian
2 1 (16.67%) Cognos
2 1 (16.67%) Oracle