The table below looks at the statistics for Economics skills 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 20 February 2017 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
20 Feb 2017
Same period 2016 Same period 2015
Economics
London / City of London
Rank 146 148 184
Rank change year-on-year
+2 +36
Contract jobs citing Economics 4 2 10
As % of all contract IT jobs located in the City of London 0.13% 0.064% 0.19%
As % of the Processes & Methodologies category 0.16% 0.074% 0.23%
Number of daily rates quoted 3 1 9
Median daily rate £415 £575 £510
Median daily rate % change year-on-year
-27.82% +12.74%
90% offered a daily rate of more than £347 £575 £248
10% offered a daily rate of more than £563 £575 £630
UK excluding London median daily rate £365 £375 £348
% change year-on-year
-2.66% +7.75%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £30.00 - -

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2505 2719 4290
As % of all contract IT jobs located in the City of London 84.54% 86.65% 82.74%
Number of daily rates quoted 1979 2157 3349
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+2.00% -
Number of hourly rates quoted 14 30 33
Median hourly rate £21.75 £22.00 £23.50
Median hourly rate % change year-on-year
-1.13% -6.38%
90% offered a hourly rate of more than £13.50 £13.00 £13.55
10% offered a hourly rate of more than £80.00 £53.00 £45.50
UK excluding London median hourly rate £35.88 £40.00 £27.50
% change year-on-year
-10.31% +45.45%

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 Processes & Methodologies 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 20 February 2017.

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 20 February 2017, 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 9 (81.82%) Degree
2 8 (72.73%) Analytical Skills
3 7 (63.64%) Analytics
3 7 (63.64%) Finance
4 6 (54.55%) SQL
4 6 (54.55%) Statistics
5 4 (36.36%) Mathematics
5 4 (36.36%) Physics
5 4 (36.36%) Computer Science
5 4 (36.36%) Risk Management
6 3 (27.27%) Project Management
6 3 (27.27%) Data Modelling
6 3 (27.27%) SAS
6 3 (27.27%) Business Intelligence
6 3 (27.27%) Google
6 3 (27.27%) Banking
6 3 (27.27%) R
6 3 (27.27%) Data Visualisation
6 3 (27.27%) Tableau
6 3 (27.27%) Google Analytics
6 3 (27.27%) Credit Risk
6 3 (27.27%) Visualisation
6 3 (27.27%) Hadoop
7 2 (18.18%) Apache Hive
7 2 (18.18%) Financial Analysis
7 2 (18.18%) Performance Management
7 2 (18.18%) Process Improvement
7 2 (18.18%) Data Quality
7 2 (18.18%) Risk Analytics
7 2 (18.18%) Apache Pig

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 3 (27.27%) SAS
2 2 (18.18%) Apache Pig
2 2 (18.18%) Apache Spark
Applications
1 2 (18.18%) SPSS
Cloud Services
1 3 (27.27%) Google Analytics
Communications & Networking
1 1 (9.09%) Internet
Database & Business Intelligence
1 3 (27.27%) Hadoop
2 2 (18.18%) Apache Hive
2 2 (18.18%) BusinessObjects
2 2 (18.18%) Data Warehouse
2 2 (18.18%) Impala
2 2 (18.18%) SAS Visual Analytics
General
1 7 (63.64%) Finance
2 3 (27.27%) Banking
3 2 (18.18%) Legal
3 2 (18.18%) Marketing
4 1 (9.09%) Corporate Banking
4 1 (9.09%) Front Office
4 1 (9.09%) Investment Banking
4 1 (9.09%) Retail
4 1 (9.09%) Retail Banking
4 1 (9.09%) Wholesale Banking
Job Titles
1 6 (54.55%) Analyst
2 3 (27.27%) Senior Analyst
3 2 (18.18%) Data Analyst
3 2 (18.18%) Digital Analyst
3 2 (18.18%) Financial Analyst
4 1 (9.09%) Angular Developer
4 1 (9.09%) Business Analyst
4 1 (9.09%) Data Entry Clerk
4 1 (9.09%) Finance Business Analyst
4 1 (9.09%) Financial Business Analyst
4 1 (9.09%) JavaScript Developer
4 1 (9.09%) Risk Analyst
4 1 (9.09%) Risk Business Analyst
4 1 (9.09%) SAS Analyst
4 1 (9.09%) Senior Business Analyst
4 1 (9.09%) Senior Financial Analyst
4 1 (9.09%) Senior Risk Analyst
4 1 (9.09%) Service Analyst
4 1 (9.09%) Strategy Analyst
4 1 (9.09%) UI Developer
Libraries, Frameworks & Software Standards
1 1 (9.09%) AngularJS
1 1 (9.09%) CSS
1 1 (9.09%) HTML
1 1 (9.09%) HTML5
1 1 (9.09%) React
1 1 (9.09%) XML
Miscellaneous
1 8 (72.73%) Analytical Skills
2 4 (36.36%) Computer Science
3 3 (27.27%) Credit Risk
4 2 (18.18%) Derivative
5 1 (9.09%) Equities
5 1 (9.09%) Equity Derivative
5 1 (9.09%) Fixed Income
5 1 (9.09%) Foreign Exchange (FX)
5 1 (9.09%) Market Risk
5 1 (9.09%) Social Media
Operating Systems
1 2 (18.18%) Unix
Processes & Methodologies
1 7 (63.64%) Analytics
2 6 (54.55%) Statistics
3 4 (36.36%) Mathematics
3 4 (36.36%) Physics
3 4 (36.36%) Risk Management
4 3 (27.27%) Business Intelligence
4 3 (27.27%) Data Modelling
4 3 (27.27%) Data Visualisation
4 3 (27.27%) Project Management
4 3 (27.27%) Visualisation
5 2 (18.18%) Benchmarking
5 2 (18.18%) E-Commerce
5 2 (18.18%) Financial Analysis
5 2 (18.18%) Operations Research
5 2 (18.18%) Performance Management
5 2 (18.18%) Process Improvement
5 2 (18.18%) Project Planning
5 2 (18.18%) Risk Analytics
5 2 (18.18%) Stakeholder Management
5 2 (18.18%) Web Analytics
Programming Languages
1 6 (54.55%) SQL
2 3 (27.27%) R
3 2 (18.18%) Java
4 1 (9.09%) C#
4 1 (9.09%) C++
4 1 (9.09%) JavaScript
4 1 (9.09%) TypeScript
Qualifications
1 9 (81.82%) Degree
2 1 (9.09%) CFA
2 1 (9.09%) MBA
Quality Assurance & Compliance
1 2 (18.18%) Data Quality
2 1 (9.09%) Basel II
2 1 (9.09%) Basel III
2 1 (9.09%) Dodd-Frank
2 1 (9.09%) IFRS
2 1 (9.09%) IFRS 9
Systems Management
1 2 (18.18%) Tivoli
Vendors
1 3 (27.27%) Google
1 3 (27.27%) Tableau
2 2 (18.18%) Oracle
2 2 (18.18%) SAP
2 2 (18.18%) Teradata
3 1 (9.09%) Murex