The table below looks at the prevalence of the term Economics in IT contracts advertised for the East of England region. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 26 August 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 Aug 2016
Same period 2015 Same period 2014
Economics
Rank - 142 146
Contract jobs citing Economics 0 1 7
As % of all contract IT jobs located in the East of England - 0.032% 0.22%
As % of the Miscellaneous category - 0.12% 0.72%
Number of daily rates quoted 0 1 6
Median daily rate - £240 £298
Median daily rate % change year-on-year
- -19.32%
UK excluding London median daily rate £350 £356 £377
% change year-on-year
-1.75% -5.51%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £17.50
Economics
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the East of England region.

Miscellaneous Category
East of England
Contract IT job ads with a match in the
Miscellaneous category
859 868 969
As % of all contract IT jobs located in the East of England 34.02% 27.71% 30.43%
Number of daily rates quoted 485 459 526
Median daily rate £350 £363 £350
Median daily rate % change year-on-year
-3.44% +3.57%
90% offered a daily rate of more than £220 £200 £190
10% offered a daily rate of more than £500 £538 £493
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 72 85 96
Median hourly rate £32.00 £21.27 £25.75
Median hourly rate % change year-on-year
+50.48% -17.41%
90% offered a hourly rate of more than £15.25 £13.00 £15.15
10% offered a hourly rate of more than £42.50 £40.41 £41.95
UK excluding London median hourly rate £23.00 £19.58 £19.00
% change year-on-year
+17.46% +3.05%

Economics
Jobs Demand Trend in the East of England

The demand trend of contract jobs across the East of England region citing Economics as a proportion of all IT contracts with a match in the Miscellaneous category.

Economics Jobs Demand Trend in the East of England

Economics
Daily Rate Trend in the East of England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Economics across the East of England region.

Economics Daily Rate Trend in the East of England

Economics
Hourly Rate Trend in the East of England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Economics across the East of England region.

Economics Hourly Rate Trend in the East of England