The table below looks at the prevalence of the term Economics in IT contracts advertised for the Hertfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Economics
Rank - - -
Contract jobs citing Economics 0 0 0
As % of all contract IT jobs located in Hertfordshire - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £388 £347 £363
% change year-on-year
+11.51% -4.14%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £25.00
Economics
East of England

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

Miscellaneous Category
Hertfordshire
Contract IT job ads with a match in the
Miscellaneous category
227 249 258
As % of all contract IT jobs located in Hertfordshire 31.70% 38.19% 33.81%
Number of daily rates quoted 105 124 117
Average daily rate £400 £388 £375
Average daily rate % change year-on-year
+3.22% +3.33%
90% offered a daily rate of more than £250 £263 £186
10% offered a daily rate of more than £502 £500 £475
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 9 17 13
Average hourly rate £16.25 £15.00 £27.50
Average hourly rate % change year-on-year
+8.33% -45.45%
90% offered a hourly rate of more than £10.00 £12.90 £12.50
10% offered a hourly rate of more than £38.00 £37.10 £37.00
UK excluding London average hourly rate £21.75 £18.90 £20.00
% change year-on-year
+15.07% -5.50%

Economics
Jobs Demand Trend in Hertfordshire

This chart provides a 3-month moving total of IT contractor jobs citing Economics across the Hertfordshire region as a proportion of the total demand within the Miscellaneous category.

Economics Jobs Demand Trend in Hertfordshire

Economics
Daily Rate Trend in Hertfordshire

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

Economics Daily Rate Trend in Hertfordshire