The table below looks at the statistics for Economics skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 21 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
21 Feb 2017
Same period 2016 Same period 2015
Economics
UK / England
Rank 493 557 526
Rank change year-on-year
+64 -31
Contract jobs citing Economics 86 51 69
As % of all contract IT jobs located in England 0.21% 0.11% 0.15%
As % of the Processes & Methodologies category 0.25% 0.13% 0.18%
Number of daily rates quoted 56 41 39
Median daily rate £425 £395 £425
Median daily rate % change year-on-year
+7.59% -7.05%
90% offered a daily rate of more than £313 £300 £250
10% offered a daily rate of more than £750 £500 £600
UK excluding London median daily rate £365 £375 £348
% change year-on-year
-2.66% +7.75%
Number of hourly rates quoted 4 2 0
Median hourly rate £30.00 £9.39 -
Median hourly rate % change year-on-year
+219.48% -
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 England region.

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
34591 38854 37356
As % of all contract IT jobs located in England 82.76% 82.81% 79.64%
Number of daily rates quoted 23092 25730 24027
Median daily rate £450 £430 £425
Median daily rate % change year-on-year
+4.65% +1.17%
90% offered a daily rate of more than £300 £300 £285
10% offered a daily rate of more than £600 £600 £585
UK excluding London median daily rate £410 £400 £400
% change year-on-year
+2.50% -
Number of hourly rates quoted 889 1061 1006
Median hourly rate £35.75 £37.50 £26.00
Median hourly rate % change year-on-year
-4.66% +44.23%
90% offered a hourly rate of more than £13.00 £12.87 £12.00
10% offered a hourly rate of more than £54.10 £56.30 £47.50
UK excluding London median hourly rate £35.75 £40.00 £27.50
% change year-on-year
-10.62% +45.45%

Economics
Jobs Demand Trend in England

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

Economics Jobs Demand Trend in England

Economics
Daily Rate Trend in England

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

Economics Daily Rate Trend in England

Economics
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the England region over the 3 months to 21 February 2017.

Economics Daily Rate Histogram in England

Economics
Hourly Rate Trend in England

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

Economics Hourly Rate Trend in England

Economics
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the England region over the 3 months to 21 February 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +39 54 £575 +30.31% 18
South East +23 22 £365 -3.31% 2
West Midlands +5 4 £650 +160.00%
Yorkshire - 4 £428 -
North West +24 2 £425 +6.25%
North East -19 1 £406 +12.77%
Economics
UK

Economics
Top 30 Related IT Skills in England

For the 6 months to 21 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 England region with a requirement for Economics.

1 56 (35.90%) SQL
1 56 (35.90%) Finance
2 54 (34.62%) Degree
3 51 (32.69%) Agile Software Development
4 43 (27.56%) Banking
5 40 (25.64%) Analytics
5 40 (25.64%) Analytical Skills
6 38 (24.36%) SDLC
7 36 (23.08%) Software Engineering
8 35 (22.44%) Technical Analysis
9 34 (21.79%) Migration
9 34 (21.79%) Java
10 32 (20.51%) Workflow
10 32 (20.51%) Investment Banking
11 31 (19.87%) Pair Programming
12 29 (18.59%) Data Migration
13 28 (17.95%) Open Source
14 27 (17.31%) Statistics
14 27 (17.31%) Spring
14 27 (17.31%) Hibernate
14 27 (17.31%) Project Management
15 26 (16.67%) Data Transformation
16 25 (16.03%) Computer Science
17 24 (15.38%) J2SE
18 22 (14.10%) Stakeholder Management
18 22 (14.10%) Mathematics
19 21 (13.46%) Microsoft
20 20 (12.82%) Change Management
20 20 (12.82%) Data Analysis
20 20 (12.82%) Visualisation

Economics
Top Related IT Skills in England 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 9 (5.77%) SAS
2 6 (3.85%) Confluence
3 4 (2.56%) Apache Spark
3 4 (2.56%) IBM HTTP Server
4 2 (1.28%) Apache Pig
4 2 (1.28%) CMS
4 2 (1.28%) Drupal
Applications
1 15 (9.62%) MS Office
2 13 (8.33%) MS Excel
3 5 (3.21%) SPSS
4 3 (1.92%) MS PowerPoint
5 2 (1.28%) EViews
5 2 (1.28%) LaTeX
5 2 (1.28%) MS Project
Business Applications
1 1 (0.64%) Salesforce.com CRM
1 1 (0.64%) SAP Oil and Gas
Cloud Services
1 3 (1.92%) Google Analytics
Communications & Networking
1 7 (4.49%) Internet
2 4 (2.56%) Intranet
3 2 (1.28%) Broadband
4 1 (0.64%) Value-Added Service
Database & Business Intelligence
1 8 (5.13%) Data Warehouse
2 7 (4.49%) Data Mining
2 7 (4.49%) Relational Database
2 7 (4.49%) SQL Server
3 5 (3.21%) Big Data
4 4 (2.56%) MS Access
4 4 (2.56%) Snowflake Schema
4 4 (2.56%) Spotfire
4 4 (2.56%) SQL Server 2005
4 4 (2.56%) SQL Server 2014
4 4 (2.56%) SQL Server Integration Services
5 3 (1.92%) Hadoop
5 3 (1.92%) OLAP
5 3 (1.92%) OLAP Cube
6 2 (1.28%) Apache Hive
6 2 (1.28%) Cognos Report Studio
6 2 (1.28%) Impala
6 2 (1.28%) Oracle Database
6 2 (1.28%) SAS Visual Analytics
6 2 (1.28%) SQL Server Analysis Services
Development Applications
1 8 (5.13%) JIRA
2 6 (3.85%) Git (software)
3 4 (2.56%) Liquibase
3 4 (2.56%) Talend Open Studio
4 3 (1.92%) TeamCity
5 2 (1.28%) Cucumber
5 2 (1.28%) Jenkins
5 2 (1.28%) JSUnit
5 2 (1.28%) JUnit
5 2 (1.28%) NUnit
5 2 (1.28%) PHPUnit
5 2 (1.28%) Subversion
6 1 (0.64%) Toad
General
1 56 (35.90%) Finance
2 43 (27.56%) Banking
3 32 (20.51%) Investment Banking
4 14 (8.97%) Marketing
5 11 (7.05%) Front Office
5 11 (7.05%) Telecoms
6 8 (5.13%) Legal
6 8 (5.13%) Spanish Language
7 6 (3.85%) Automotive
7 6 (3.85%) Mandarin Language
8 4 (2.56%) Aerospace
8 4 (2.56%) Back Office
9 3 (1.92%) Advertising
9 3 (1.92%) Financial Institution
9 3 (1.92%) Manufacturing
10 2 (1.28%) Retail
11 1 (0.64%) Billing
11 1 (0.64%) Dutch Language
11 1 (0.64%) French Language
11 1 (0.64%) Wholesale Banking
Job Titles
1 56 (35.90%) Developer
2 36 (23.08%) Analyst
3 29 (18.59%) Senior Developer
4 28 (17.95%) Java Developer
5 26 (16.67%) Agile Developer
5 26 (16.67%) Agile Java Developer
5 26 (16.67%) Senior Agile Developer
5 26 (16.67%) Senior Agile Java Developer
5 26 (16.67%) Senior Java Developer
6 20 (12.82%) Project Manager
7 12 (7.69%) Data Analyst
7 12 (7.69%) Java Team Leader
7 12 (7.69%) Lead Developer
7 12 (7.69%) Lead Java Developer
7 12 (7.69%) Team Leader
8 9 (5.77%) C++ Developer
8 9 (5.77%) C++ Quantitative Developer
8 9 (5.77%) Core Java Developer
8 9 (5.77%) Quantitative Developer
9 8 (5.13%) SC Cleared Project Manager
Libraries, Frameworks & Software Standards
1 27 (17.31%) Hibernate
1 27 (17.31%) Spring
2 24 (15.38%) J2SE
3 9 (5.77%) .NET
4 8 (5.13%) HTML
5 7 (4.49%) HTML5
6 6 (3.85%) AngularJS
6 6 (3.85%) CSS
7 3 (1.92%) .NET Framework
7 3 (1.92%) Dapper ORM
7 3 (1.92%) Entity Framework
7 3 (1.92%) NHibernate
7 3 (1.92%) Node.js
7 3 (1.92%) React
8 2 (1.28%) Backbone.js
8 2 (1.28%) CSS3
8 2 (1.28%) Reactive Extensions
8 2 (1.28%) Redux
8 2 (1.28%) Sass
8 2 (1.28%) Twitter Bootstrap
Miscellaneous
1 40 (25.64%) Analytical Skills
2 25 (16.03%) Computer Science
3 14 (8.97%) Derivative
4 12 (7.69%) Fixed Income
5 11 (7.05%) Credit Risk
6 9 (5.77%) Foreign Exchange (FX)
7 7 (4.49%) Market Risk
7 7 (4.49%) Virtual Team
8 4 (2.56%) Management Information System
8 4 (2.56%) OTC Derivatives
9 3 (1.92%) Data Centre
9 3 (1.92%) Equities
9 3 (1.92%) Equity Derivative
9 3 (1.92%) User Experience
10 2 (1.28%) Data Structures
10 2 (1.28%) Life Science
10 2 (1.28%) Over-the-Top Content
11 1 (0.64%) Mainframe
11 1 (0.64%) NHS
11 1 (0.64%) PMI
Operating Systems
1 4 (2.56%) Windows
2 2 (1.28%) Unix
Processes & Methodologies
1 51 (32.69%) Agile Software Development
2 40 (25.64%) Analytics
3 38 (24.36%) SDLC
4 36 (23.08%) Software Engineering
5 35 (22.44%) Technical Analysis
6 34 (21.79%) Migration
7 32 (20.51%) Workflow
8 31 (19.87%) Pair Programming
9 29 (18.59%) Data Migration
10 28 (17.95%) Open Source
11 27 (17.31%) Project Management
11 27 (17.31%) Statistics
12 26 (16.67%) Data Transformation
13 22 (14.10%) Mathematics
13 22 (14.10%) Stakeholder Management
14 20 (12.82%) Change Management
14 20 (12.82%) Data Analysis
14 20 (12.82%) Visualisation
15 17 (10.90%) Programme Management
16 13 (8.33%) TDD
Programming Languages
1 56 (35.90%) SQL
2 34 (21.79%) Java
3 16 (10.26%) C#
4 11 (7.05%) C++
4 11 (7.05%) R
5 10 (6.41%) Python
6 7 (4.49%) JavaScript
7 5 (3.21%) VBA
8 3 (1.92%) TypeScript
9 2 (1.28%) Go
9 2 (1.28%) Scala
9 2 (1.28%) T-SQL
9 2 (1.28%) XAML
10 1 (0.64%) Apex Code
10 1 (0.64%) C
10 1 (0.64%) MATLAB
10 1 (0.64%) PL/SQL
10 1 (0.64%) VB
Qualifications
1 54 (34.62%) Degree
2 18 (11.54%) Security Cleared
3 15 (9.62%) SC Cleared
4 9 (5.77%) PhD
5 8 (5.13%) MBA
6 4 (2.56%) BPSS Clearance
7 3 (1.92%) CFA
7 3 (1.92%) CISA
7 3 (1.92%) CISM
7 3 (1.92%) CISSP
8 2 (1.28%) PMI Certification
8 2 (1.28%) PMP
8 2 (1.28%) Postgraduate
9 1 (0.64%) PgMP
9 1 (0.64%) PRINCE2 Certification
9 1 (0.64%) Six Sigma Green Belt
Quality Assurance & Compliance
1 8 (5.13%) QA
2 4 (2.56%) Data Quality
2 4 (2.56%) GAAP
3 3 (1.92%) IFRS
3 3 (1.92%) IFRS 9
4 2 (1.28%) PMBOK
5 1 (0.64%) Basel II
5 1 (0.64%) Basel III
5 1 (0.64%) Disclosure Scotland
5 1 (0.64%) Dodd-Frank
5 1 (0.64%) MiFID
5 1 (0.64%) SLA
Systems Management
1 2 (1.28%) Puppet
1 2 (1.28%) Tivoli
Vendors
1 21 (13.46%) Microsoft
2 15 (9.62%) Tableau
3 9 (5.77%) Google
3 9 (5.77%) IBM
3 9 (5.77%) Oracle
3 9 (5.77%) SAP
4 6 (3.85%) HP
5 4 (2.56%) Talend
6 2 (1.28%) Atlassian
6 2 (1.28%) Cognos
6 2 (1.28%) Teradata
6 2 (1.28%) TIBCO
7 1 (0.64%) Infor
7 1 (0.64%) Informatica
7 1 (0.64%) Murex
7 1 (0.64%) Salesforce.com
London
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London
Montash
Rate: £500 - £550 per day
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