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 23 October 2014 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
23 Oct 2014
Same period 2013 Same period 2012
Economics
Rank 68 - 82
Rank change year-on-year
- 0
Contract jobs citing Economics 8 0 1
As % of all contract IT jobs located in Hertfordshire 0.95% - 0.11%
As % of the Miscellaneous category 2.96% - 0.43%
Number of daily rates quoted 8 0 1
Average daily rate
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£278 - £325
UK excluding London average daily rate £348 £375 £400
% change year-on-year
-7.20% -6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.50 - £32.50
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
270 140 235
As % of all contract IT jobs located in Hertfordshire 31.95% 27.08% 24.68%
Number of daily rates quoted 165 73 102
Average daily rate £335 £310 £425
Average daily rate % change year-on-year
+8.06% -27.05%
90% offered a daily rate of more than £214 £163 £280
10% offered a daily rate of more than £475 £450 £500
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.14% -
Number of hourly rates quoted 9 12 18
Average hourly rate £15.29 £35.50 £20.00
Average hourly rate % change year-on-year
-56.92% +77.50%
90% offered a hourly rate of more than £11.00 £10.87 £11.06
10% offered a hourly rate of more than £21.50 £47.20 £35.00
UK excluding London average hourly rate £17.50 £17.69 £21.00
% change year-on-year
-1.07% -15.76%

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

Economics
Contract Job Locations in Hertfordshire

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Economics within the Hertfordshire region over the 3 months to 23 October 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Watford - - - -
Economics
East of England

Economics
Top 23 Related IT Skills in Hertfordshire

For the 6 months to 23 October 2014, IT contractor jobs across the Hertfordshire 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 8 (100.00%) SQL
1 8 (100.00%) Python
1 8 (100.00%) SAS
1 8 (100.00%) Statistics
1 8 (100.00%) Operations Research
1 8 (100.00%) Mathematics
1 8 (100.00%) Applied Mathematics
1 8 (100.00%) Computer Science
1 8 (100.00%) Predictive Modelling
1 8 (100.00%) Algorithms
2 7 (87.50%) Oracle ODI
2 7 (87.50%) Oracle Database
2 7 (87.50%) SAS Enterprise Miner
2 7 (87.50%) Hadoop
2 7 (87.50%) ETL
2 7 (87.50%) Teradata
2 7 (87.50%) Informatica
2 7 (87.50%) Oracle
3 4 (50.00%) Finance
4 3 (37.50%) R
5 2 (25.00%) Statistical Modelling
6 1 (12.50%) Financial Institution
6 1 (12.50%) Data Modelling

Economics
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 23 October 2014, IT contractor jobs across the Hertfordshire 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 8 (100.00%) SAS
Database & Business Intelligence
1 7 (87.50%) Oracle ODI
1 7 (87.50%) Oracle Database
1 7 (87.50%) SAS Enterprise Miner
1 7 (87.50%) Hadoop
General
1 4 (50.00%) Finance
2 1 (12.50%) Financial Institution
Job Titles
1 7 (87.50%) Data Scientist
2 3 (37.50%) Data Analyst
2 3 (37.50%) Analyst
3 1 (12.50%) Data Modeller
Miscellaneous
1 8 (100.00%) Statistics
1 8 (100.00%) Mathematics
1 8 (100.00%) Applied Mathematics
1 8 (100.00%) Computer Science
1 8 (100.00%) Algorithms
Processes & Methodologies
1 8 (100.00%) Operations Research
1 8 (100.00%) Predictive Modelling
2 7 (87.50%) ETL
3 2 (25.00%) Statistical Modelling
4 1 (12.50%) Data Modelling
Programming Languages
1 8 (100.00%) SQL
1 8 (100.00%) Python
2 3 (37.50%) R
Vendors
1 7 (87.50%) Teradata
1 7 (87.50%) Informatica
1 7 (87.50%) Oracle