The table below looks at the prevalence of the term Economics 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 1 July 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
1 Jul 2016
Same period 2015 Same period 2014
Economics
Rank 559 540 496
Rank change year-on-year
-19 -44
Contract jobs citing Economics 54 77 93
As % of all contract IT jobs located in England 0.11% 0.15% 0.19%
As % of the Miscellaneous category 0.33% 0.46% 0.58%
Number of daily rates quoted 42 44 64
Median daily rate £438 £383 £407
Median daily rate % change year-on-year
+14.37% -5.95%
90% offered a daily rate of more than £204 £279 £315
10% offered a daily rate of more than £611 £509 £524
UK excluding London median daily rate £428 £356 £361
% change year-on-year
+20.07% -1.38%
Number of hourly rates quoted 0 1 7
Median hourly rate - £14.65 £30.00
Median hourly rate % change year-on-year
- -51.18%
UK excluding London median hourly rate - - £25.00
Economics
UK

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

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
16276 16565 16048
As % of all contract IT jobs located in England 33.19% 32.50% 32.89%
Number of daily rates quoted 10662 10555 9948
Median daily rate £430 £425 £413
Median daily rate % change year-on-year
+1.17% +3.03%
90% offered a daily rate of more than £263 £250 £238
10% offered a daily rate of more than £605 £615 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 568 610 656
Median hourly rate £21.36 £18.00 £20.50
Median hourly rate % change year-on-year
+18.63% -12.19%
90% offered a hourly rate of more than £12.15 £12.00 £12.50
10% offered a hourly rate of more than £46.07 £45.00 £42.50
UK excluding London median hourly rate £23.00 £17.50 £21.00
% change year-on-year
+31.42% -16.66%

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 Miscellaneous 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 1 July 2016.

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 1 July 2016. 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
(Click see detailed
statistics and trends)
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 -17 21 £465 +10.05% 20
South East -4 19 £525 +34.87% 5
North East -55 8 £350 -22.47% 2
West Midlands -21 3 £266 -3.27% 2
Yorkshire +1 1 - - 3
South West -2 1 £400 +10.34%
North West - 1 - - 2
Economics
UK

Economics
Top 30 Related IT Skills in England

For the 6 months to 1 July 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 England region with a requirement for Economics.

1 52 (44.83%) Degree
2 46 (39.66%) Finance
3 45 (38.79%) Analytical Skills
4 42 (36.21%) Project Management
5 40 (34.48%) Mathematics
6 33 (28.45%) Change Management
7 28 (24.14%) Microsoft
7 28 (24.14%) Computer Science
8 26 (22.41%) Security Cleared
9 23 (19.83%) SC Cleared
10 22 (18.97%) Programme Management
11 20 (17.24%) Agile Software Development
12 19 (16.38%) MS Office
12 19 (16.38%) PRINCE2
13 18 (15.52%) SQL
13 18 (15.52%) Statistics
14 16 (13.79%) Banking
14 16 (13.79%) SAS
14 16 (13.79%) Service Management
14 16 (13.79%) Analytics
15 15 (12.93%) Process Improvement
15 15 (12.93%) MS Excel
16 14 (12.07%) Windows
16 14 (12.07%) Service Delivery
17 12 (10.34%) QA
18 11 (9.48%) Credit Risk
18 11 (9.48%) Marketing
18 11 (9.48%) VBA
18 11 (9.48%) Oracle
19 10 (8.62%) Python

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 16 (13.79%) SAS
2 5 (4.31%) Confluence
3 2 (1.72%) GemFire
3 2 (1.72%) Oracle Coherence
4 1 (0.86%) Apache Spark
4 1 (0.86%) SharePoint
4 1 (0.86%) Skype for Business
Applications
1 19 (16.38%) MS Office
2 15 (12.93%) MS Excel
3 10 (8.62%) MS PowerPoint
3 10 (8.62%) SPSS
4 2 (1.72%) MS Project
4 2 (1.72%) MS Visio
4 2 (1.72%) Spreadsheet
5 1 (0.86%) EViews
Business Applications
1 1 (0.86%) SAP CO
1 1 (0.86%) SAP FI
1 1 (0.86%) SAP FI/CO
Cloud Services
1 6 (5.17%) Google Analytics
2 2 (1.72%) SaaS
3 1 (0.86%) Google Cloud Platform
3 1 (0.86%) Office 365
3 1 (0.86%) OneDrive
3 1 (0.86%) SuccessFactors
Communications & Networking
1 3 (2.59%) HTTPS
1 3 (2.59%) SAN
2 2 (1.72%) Firewall
2 2 (1.72%) Internet
2 2 (1.72%) Skype
3 1 (0.86%) LAN
3 1 (0.86%) Multicast
3 1 (0.86%) Wi-Fi
3 1 (0.86%) WLAN
Database & Business Intelligence
1 9 (7.76%) SQL Server
2 5 (4.31%) Data Mining
2 5 (4.31%) Hadoop
3 4 (3.45%) Apache Hive
3 4 (3.45%) Big Data
3 4 (3.45%) QlikView
3 4 (3.45%) Relational Database
4 3 (2.59%) GIS
5 1 (0.86%) BigQuery
5 1 (0.86%) Data Mart
5 1 (0.86%) DB2
5 1 (0.86%) KDB
5 1 (0.86%) OLAP
5 1 (0.86%) OLTP
5 1 (0.86%) Oracle BI EE
5 1 (0.86%) Oracle Database
5 1 (0.86%) RDBMS
5 1 (0.86%) SAP BI
5 1 (0.86%) SAS Data Integration Studio
5 1 (0.86%) Spotfire
Development Applications
1 5 (4.31%) JIRA
2 1 (0.86%) TeamCity
General
1 46 (39.66%) Finance
2 16 (13.79%) Banking
3 11 (9.48%) Marketing
4 10 (8.62%) Front Office
5 9 (7.76%) Investment Banking
5 9 (7.76%) Retail
6 4 (3.45%) Electronics
7 2 (1.72%) Advertising
7 2 (1.72%) Telecoms
8 1 (0.86%) Automotive
8 1 (0.86%) Billing
8 1 (0.86%) Games
8 1 (0.86%) Law
8 1 (0.86%) Legal
8 1 (0.86%) Polish Language
8 1 (0.86%) Retail Banking
8 1 (0.86%) Russian Language
Job Titles
1 41 (35.34%) Project Manager
2 33 (28.45%) Analyst
3 15 (12.93%) Business Analyst
4 13 (11.21%) Programme Manager
5 7 (6.03%) Consultant
6 6 (5.17%) Architect
6 6 (5.17%) SC Cleared Project Manager
6 6 (5.17%) Senior Manager
6 6 (5.17%) Senior Project Manager
7 5 (4.31%) Data Analyst
7 5 (4.31%) Developer
7 5 (4.31%) Risk Analyst
8 4 (3.45%) Applications Manager
8 4 (3.45%) Applications Project Manager
8 4 (3.45%) Digital Project Manager
8 4 (3.45%) Insight Analyst
8 4 (3.45%) Risk Consultant
8 4 (3.45%) Technical Architect
9 3 (2.59%) Digital Agile Project Manager
9 3 (2.59%) Storage Architect
Libraries, Frameworks & Software Standards
1 2 (1.72%) .NET
1 2 (1.72%) Spring
2 1 (0.86%) .NET Framework
2 1 (0.86%) Entity Framework
2 1 (0.86%) jQuery
2 1 (0.86%) Middleware
2 1 (0.86%) MLlib
2 1 (0.86%) Murex MxML
2 1 (0.86%) NHibernate
2 1 (0.86%) PostGIS
2 1 (0.86%) SciPy
2 1 (0.86%) Silverlight
Miscellaneous
1 45 (38.79%) Analytical Skills
2 40 (34.48%) Mathematics
3 28 (24.14%) Computer Science
4 18 (15.52%) Statistics
5 11 (9.48%) Credit Risk
6 6 (5.17%) Algorithms
6 6 (5.17%) Derivative
6 6 (5.17%) Physics
7 5 (4.31%) Equities
7 5 (4.31%) Fixed Income
7 5 (4.31%) Virtual Team
8 4 (3.45%) Data Structures
8 4 (3.45%) Hedge funds
8 4 (3.45%) Management Information System
8 4 (3.45%) Market Risk
9 2 (1.72%) Foreign Exchange (FX)
9 2 (1.72%) User Experience
9 2 (1.72%) Visualisation
10 1 (0.86%) Chemistry
10 1 (0.86%) Psychology
Operating Systems
1 14 (12.07%) Windows
2 7 (6.03%) Linux
3 6 (5.17%) Red Hat Enterprise Linux
4 2 (1.72%) Unix
5 1 (0.86%) Mac OS X
5 1 (0.86%) MVS
Processes & Methodologies
1 42 (36.21%) Project Management
2 33 (28.45%) Change Management
3 22 (18.97%) Programme Management
4 20 (17.24%) Agile Software Development
5 19 (16.38%) PRINCE2
6 16 (13.79%) Analytics
6 16 (13.79%) Service Management
7 15 (12.93%) Process Improvement
8 14 (12.07%) Service Delivery
9 10 (8.62%) Business Analysis
10 9 (7.76%) Configuration Management
10 9 (7.76%) ITIL
10 9 (7.76%) Project Planning
10 9 (7.76%) Risk Management
11 8 (6.90%) E-Commerce
11 8 (6.90%) SDLC
12 7 (6.03%) Operations Research
12 7 (6.03%) User Stories
12 7 (6.03%) Validation
13 6 (5.17%) Capacity Planning
Programming Languages
1 18 (15.52%) SQL
2 11 (9.48%) VBA
3 10 (8.62%) Python
4 8 (6.90%) Java
5 6 (5.17%) R
6 2 (1.72%) C#
6 2 (1.72%) MATLAB
6 2 (1.72%) SAS Macro
7 1 (0.86%) C++
7 1 (0.86%) JavaScript
7 1 (0.86%) Perl
7 1 (0.86%) Scala
7 1 (0.86%) T-SQL
7 1 (0.86%) VB
Qualifications
1 52 (44.83%) Degree
2 26 (22.41%) Security Cleared
3 23 (19.83%) SC Cleared
4 6 (5.17%) PMI Certification
5 5 (4.31%) PMP
6 4 (3.45%) Postgraduate
7 3 (2.59%) BPSS Clearance
8 2 (1.72%) CFA
8 2 (1.72%) CISA
8 2 (1.72%) CISM
8 2 (1.72%) CISSP
8 2 (1.72%) PRINCE2 Practitioner
9 1 (0.86%) A+ Certification
9 1 (0.86%) CAPM
9 1 (0.86%) DV Cleared
9 1 (0.86%) MBA
Quality Assurance & Compliance
1 12 (10.34%) QA
2 6 (5.17%) MiFID
3 4 (3.45%) AIFMD
3 4 (3.45%) Data Quality
3 4 (3.45%) Dodd-Frank
3 4 (3.45%) UCITS
4 3 (2.59%) SLA
5 1 (0.86%) Disclosure Scotland
System Software
1 6 (5.17%) VMware Infrastructure
Systems Management
1 6 (5.17%) NetBackup
1 6 (5.17%) Tivoli Storage Manager
2 1 (0.86%) ITRS Geneos
Vendors
1 28 (24.14%) Microsoft
2 11 (9.48%) Oracle
3 7 (6.03%) Tableau
4 6 (5.17%) BMC
4 6 (5.17%) Google
4 6 (5.17%) NetApp
4 6 (5.17%) VMware
5 5 (4.31%) Atlassian
6 3 (2.59%) Cognos
6 3 (2.59%) Optimizely
7 2 (1.72%) SAP
7 2 (1.72%) Sybase
8 1 (0.86%) Alias
8 1 (0.86%) HP
8 1 (0.86%) IBM
8 1 (0.86%) Mapinfo
8 1 (0.86%) MicroStrategy
8 1 (0.86%) Murex
8 1 (0.86%) Splunk
8 1 (0.86%) TIBCO
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