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 29 January 2015 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
29 Jan 2015
Same period 2014 Same period 2013
Economics
Rank 179 191 188
Rank change year-on-year
+12 -3
Contract jobs citing Economics 7 10 6
As % of all contract IT jobs located in the City of London 0.14% 0.17% 0.10%
As % of the Miscellaneous category 0.37% 0.44% 0.28%
Number of daily rates quoted 6 8 6
Average daily rate
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£503 £390 £368
Average daily rate % change year-on-year
+28.84% +6.12%
90% offered a daily rate of more than £209 £195 £343
10% offered a daily rate of more than £675 £737 £560
UK excluding London average daily rate £378 £308 £355
% change year-on-year
+22.56% -13.23%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
1873 2280 2115
As % of all contract IT jobs located in the City of London 37.78% 38.13% 36.78%
Number of daily rates quoted 1461 1661 1646
Average daily rate £475 £500 £475
Average daily rate % change year-on-year
-5.00% +5.26%
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.57% +3.70%
Number of hourly rates quoted 30 39 50
Average hourly rate £17.50 £20.00 £20.75
Average hourly rate % change year-on-year
-12.50% -3.61%
90% offered a hourly rate of more than £13.25 £16.50 £12.93
10% offered a hourly rate of more than £25.44 £42.50 £90.50
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

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 29 January 2015.

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 29 January 2015, 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 7 (77.78%) Degree
2 4 (44.44%) Finance
2 4 (44.44%) Analytical Skills
3 3 (33.33%) Analytics
3 3 (33.33%) Marketing
3 3 (33.33%) Statistics
3 3 (33.33%) Python
3 3 (33.33%) VBA
3 3 (33.33%) Java
4 2 (22.22%) SQL
4 2 (22.22%) RAD
4 2 (22.22%) Oracle
4 2 (22.22%) Derivative
4 2 (22.22%) Equity Derivative
4 2 (22.22%) Management Information System
4 2 (22.22%) Front Office
4 2 (22.22%) Mathematics
4 2 (22.22%) Stakeholder Management
4 2 (22.22%) Banking
4 2 (22.22%) Hadoop
4 2 (22.22%) Predictive Modelling
4 2 (22.22%) R
5 1 (11.11%) Oracle Identity Manager
5 1 (11.11%) SiteCatalyst
5 1 (11.11%) Hitwise
5 1 (11.11%) Tableau
5 1 (11.11%) D3.js
5 1 (11.11%) Mahout
5 1 (11.11%) Big Data
5 1 (11.11%) SciPy

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

For the 6 months to 29 January 2015, 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 (11.11%) Apache Pig
1 1 (11.11%) SAS
Applications
1 1 (11.11%) Weka
1 1 (11.11%) Spreadsheet
Business Applications
1 1 (11.11%) SiteCatalyst
Database & Business Intelligence
1 2 (22.22%) Hadoop
2 1 (11.11%) Mahout
2 1 (11.11%) Big Data
2 1 (11.11%) Apache Hive
2 1 (11.11%) MongoDB
2 1 (11.11%) Impala
2 1 (11.11%) QlikView
2 1 (11.11%) SQL Server
2 1 (11.11%) DB2
2 1 (11.11%) Data Mining
General
1 4 (44.44%) Finance
2 3 (33.33%) Marketing
3 2 (22.22%) Front Office
3 2 (22.22%) Banking
4 1 (11.11%) Investment Banking
4 1 (11.11%) French Language
4 1 (11.11%) Telecoms
4 1 (11.11%) Publishing
Job Titles
1 3 (33.33%) Analyst
2 2 (22.22%) Developer
3 1 (11.11%) Senior Data Modeller
3 1 (11.11%) Business Intelligence Analyst
3 1 (11.11%) Web Analyst
3 1 (11.11%) Senior Analyst
3 1 (11.11%) Data Analyst
3 1 (11.11%) IT Project Manager
3 1 (11.11%) Data Modeller
3 1 (11.11%) Senior Data Analyst
3 1 (11.11%) IT Programme Manager
3 1 (11.11%) VBA Developer
3 1 (11.11%) RAD Developer
3 1 (11.11%) Chief Operating Officer
3 1 (11.11%) Front Office Developer
3 1 (11.11%) Project Manager
3 1 (11.11%) Business Analyst
3 1 (11.11%) Programme Manager
3 1 (11.11%) Junior
Libraries, Frameworks & Software Standards
1 1 (11.11%) D3.js
1 1 (11.11%) SciPy
1 1 (11.11%) Pandas
Miscellaneous
1 4 (44.44%) Analytical Skills
2 3 (33.33%) Statistics
3 2 (22.22%) Derivative
3 2 (22.22%) Equity Derivative
3 2 (22.22%) Management Information System
3 2 (22.22%) Mathematics
4 1 (11.11%) Visualisation
4 1 (11.11%) Equities
4 1 (11.11%) Computer Science
4 1 (11.11%) PMI
Operating Systems
1 1 (11.11%) UNIX
1 1 (11.11%) Windows
Processes & Methodologies
1 3 (33.33%) Analytics
2 2 (22.22%) RAD
2 2 (22.22%) Stakeholder Management
2 2 (22.22%) Predictive Modelling
3 1 (11.11%) Web Development
3 1 (11.11%) Propensity Modelling
3 1 (11.11%) Content Management
3 1 (11.11%) Data Analysis
3 1 (11.11%) Business Analysis
3 1 (11.11%) Web Analytics
3 1 (11.11%) Econometrics
3 1 (11.11%) Information Security
3 1 (11.11%) Database Marketing
3 1 (11.11%) Wealth Management
3 1 (11.11%) PRINCE2
3 1 (11.11%) Change Management
3 1 (11.11%) Identity Management
3 1 (11.11%) Security Management
3 1 (11.11%) ETL
3 1 (11.11%) Business Intelligence
Programming Languages
1 3 (33.33%) Python
1 3 (33.33%) VBA
1 3 (33.33%) Java
2 2 (22.22%) SQL
2 2 (22.22%) R
Qualifications
1 7 (77.78%) Degree
2 1 (11.11%) GIAC
2 1 (11.11%) CISA
2 1 (11.11%) CISSP
2 1 (11.11%) PMP
2 1 (11.11%) PMI Certification
Quality Assurance & Compliance
1 1 (11.11%) QA
System Software
1 1 (11.11%) Active Directory
Systems Management
1 1 (11.11%) Oracle Identity Manager
1 1 (11.11%) Tivoli
1 1 (11.11%) Tivoli Identity Manager
Vendors
1 2 (22.22%) Oracle
2 1 (11.11%) Hitwise
2 1 (11.11%) Tableau
2 1 (11.11%) Cyber-Ark
2 1 (11.11%) Omniture
2 1 (11.11%) Cadence
2 1 (11.11%) Teradata
2 1 (11.11%) Business Objects
2 1 (11.11%) Dell