The table below looks at the prevalence of the term Economics in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 27 May 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
27 May 2016
Same period 2015 Same period 2014
Economics
Rank 410 392 358
Rank change year-on-year
-18 -34
Contract jobs citing Economics 20 31 63
As % of all contract IT jobs located in London 0.091% 0.14% 0.28%
As % of the Miscellaneous category 0.25% 0.38% 0.74%
Number of daily rates quoted 16 22 47
Median daily rate £490 £423 £450
Median daily rate % change year-on-year
+15.97% -6.11%
90% offered a daily rate of more than £250 £323 £338
10% offered a daily rate of more than £656 £499 £537
UK excluding London median daily rate £427 £345 £330
% change year-on-year
+23.87% +4.54%
Number of hourly rates quoted 0 1 4
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
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8049 8088 8570
As % of all contract IT jobs located in London 36.49% 36.28% 37.78%
Number of daily rates quoted 5745 5552 6023
Median daily rate £475 £463 £450
Median daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £640 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 112 138 154
Median hourly rate £21.17 £18.00 £20.00
Median hourly rate % change year-on-year
+17.61% -10.00%
90% offered a hourly rate of more than £12.50 £13.50 £14.00
10% offered a hourly rate of more than £55.00 £40.00 £42.55
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

Economics
Jobs Demand Trend in London

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

Economics Jobs Demand Trend in London

Economics
Daily Rate Trend in London

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

Economics Daily Rate Trend in London

Economics
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the London region over the 3 months to 27 May 2016.

Economics Daily Rate Histogram in London

Economics
Hourly Rate Trend in London

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

Economics Hourly Rate Trend in London

Economics
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the London region over the 3 months to 27 May 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
City of London +31 4 £500 +19.76% 7
Paddington +6 1 £198 -39.07%
Economics
England

Economics
Top 30 Related IT Skills in London

For the 6 months to 27 May 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 London region with a requirement for Economics.

1 27 (60.00%) Finance
2 21 (46.67%) Degree
3 18 (40.00%) Computer Science
4 16 (35.56%) Mathematics
4 16 (35.56%) Analytical Skills
5 15 (33.33%) SQL
6 12 (26.67%) Banking
7 10 (22.22%) Statistics
7 10 (22.22%) Marketing
8 9 (20.00%) Agile Software Development
8 9 (20.00%) PRINCE2
9 8 (17.78%) Python
9 8 (17.78%) Project Management
9 8 (17.78%) Front Office
9 8 (17.78%) Investment Banking
9 8 (17.78%) Business Analysis
9 8 (17.78%) Analytics
10 7 (15.56%) Retail
10 7 (15.56%) MS Excel
11 6 (13.33%) VBA
11 6 (13.33%) E-Commerce
11 6 (13.33%) Microsoft
11 6 (13.33%) Risk Management
11 6 (13.33%) Data Analysis
11 6 (13.33%) MiFID
11 6 (13.33%) MS PowerPoint
11 6 (13.33%) Derivative
11 6 (13.33%) User Stories
12 5 (11.11%) QA
12 5 (11.11%) Google Analytics

Economics
Top Related IT Skills in London 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 5 (11.11%) SAS
2 4 (8.89%) Confluence
Applications
1 7 (15.56%) MS Excel
2 6 (13.33%) MS PowerPoint
3 4 (8.89%) SPSS
4 2 (4.44%) MS Office
4 2 (4.44%) Spreadsheet
5 1 (2.22%) EViews
5 1 (2.22%) MS Visio
5 1 (2.22%) Stata
Cloud Services
1 5 (11.11%) Google Analytics
2 1 (2.22%) Google Cloud Platform
Communications & Networking
1 3 (6.67%) HTTPS
2 1 (2.22%) Internet
2 1 (2.22%) Multicast
Database & Business Intelligence
1 5 (11.11%) Data Mining
2 4 (8.89%) Apache Hive
2 4 (8.89%) Hadoop
3 3 (6.67%) Big Data
3 3 (6.67%) Relational Database
4 2 (4.44%) QlikView
4 2 (4.44%) SQL Server
5 1 (2.22%) BigQuery
5 1 (2.22%) Data Mart
5 1 (2.22%) DB2
5 1 (2.22%) GIS
5 1 (2.22%) KDB
5 1 (2.22%) OLAP
5 1 (2.22%) OLTP
5 1 (2.22%) Oracle Database
5 1 (2.22%) PowerPivot
5 1 (2.22%) QGIS
5 1 (2.22%) RDBMS
5 1 (2.22%) SAS Data Integration Studio
Development Applications
1 4 (8.89%) JIRA
General
1 27 (60.00%) Finance
2 12 (26.67%) Banking
3 10 (22.22%) Marketing
4 8 (17.78%) Front Office
4 8 (17.78%) Investment Banking
5 7 (15.56%) Retail
6 4 (8.89%) Electronics
7 2 (4.44%) Telecoms
8 1 (2.22%) Advertising
8 1 (2.22%) Polish Language
8 1 (2.22%) Retail Banking
8 1 (2.22%) Russian Language
Job Titles
1 23 (51.11%) Analyst
2 11 (24.44%) Business Analyst
3 10 (22.22%) Project Manager
4 4 (8.89%) Data Analyst
5 3 (6.67%) Digital Project Manager
5 3 (6.67%) Senior Analyst
5 3 (6.67%) SQL Analyst
6 2 (4.44%) Agile Project Manager
6 2 (4.44%) Business Intelligence Analyst
6 2 (4.44%) Business Manager
6 2 (4.44%) Developer
6 2 (4.44%) Digital Agile Project Manager
6 2 (4.44%) Digital Analyst
6 2 (4.44%) Insight Analyst
6 2 (4.44%) Marketing Analyst
6 2 (4.44%) Senior Manager
6 2 (4.44%) Senior Project Manager
6 2 (4.44%) SQL Data Analyst
6 2 (4.44%) Technical Analyst
6 2 (4.44%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 1 (2.22%) .NET
1 1 (2.22%) Murex MxML
1 1 (2.22%) PostGIS
Miscellaneous
1 18 (40.00%) Computer Science
2 16 (35.56%) Analytical Skills
2 16 (35.56%) Mathematics
3 10 (22.22%) Statistics
4 6 (13.33%) Derivative
5 5 (11.11%) Equities
6 4 (8.89%) Fixed Income
6 4 (8.89%) Hedge funds
7 3 (6.67%) Algorithms
7 3 (6.67%) Credit Risk
7 3 (6.67%) Physics
8 2 (4.44%) Foreign Exchange (FX)
8 2 (4.44%) Management Information System
8 2 (4.44%) Market Risk
9 1 (2.22%) Chemistry
9 1 (2.22%) Data Extraction
9 1 (2.22%) Equity Derivative
9 1 (2.22%) Mobile App
9 1 (2.22%) Reference Data
9 1 (2.22%) User Experience
Operating Systems
1 1 (2.22%) Unix
Processes & Methodologies
1 9 (20.00%) Agile Software Development
1 9 (20.00%) PRINCE2
2 8 (17.78%) Analytics
2 8 (17.78%) Business Analysis
2 8 (17.78%) Project Management
3 6 (13.33%) Data Analysis
3 6 (13.33%) E-Commerce
3 6 (13.33%) Risk Management
3 6 (13.33%) User Stories
4 5 (11.11%) Change Management
4 5 (11.11%) Operations Research
5 4 (8.89%) Asset Management
5 4 (8.89%) CRM
5 4 (8.89%) Web Analytics
6 3 (6.67%) Business Intelligence
6 3 (6.67%) Competitor Analysis
6 3 (6.67%) Digital Marketing
6 3 (6.67%) Monte Carlo Method
6 3 (6.67%) SEO
6 3 (6.67%) Validation
Programming Languages
1 15 (33.33%) SQL
2 8 (17.78%) Python
3 6 (13.33%) VBA
4 4 (8.89%) Java
5 2 (4.44%) C#
5 2 (4.44%) MATLAB
5 2 (4.44%) R
6 1 (2.22%) C++
6 1 (2.22%) Perl
6 1 (2.22%) VB
Qualifications
1 21 (46.67%) Degree
2 5 (11.11%) Security Cleared
3 4 (8.89%) SC Cleared
4 2 (4.44%) CFA
4 2 (4.44%) CISA
4 2 (4.44%) CISM
4 2 (4.44%) CISSP
5 1 (2.22%) BPSS Clearance
5 1 (2.22%) MBA
5 1 (2.22%) Postgraduate
5 1 (2.22%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 6 (13.33%) MiFID
2 5 (11.11%) QA
3 4 (8.89%) AIFMD
3 4 (8.89%) Data Quality
3 4 (8.89%) Dodd-Frank
3 4 (8.89%) UCITS
4 2 (4.44%) SLA
5 1 (2.22%) Disclosure Scotland
Systems Management
1 1 (2.22%) ITRS Geneos
Vendors
1 6 (13.33%) Microsoft
2 5 (11.11%) Google
3 4 (8.89%) Atlassian
3 4 (8.89%) Tableau
4 3 (6.67%) Optimizely
5 2 (4.44%) Cognos
6 1 (2.22%) Alias
6 1 (2.22%) Mapinfo
6 1 (2.22%) Murex
6 1 (2.22%) Oracle
6 1 (2.22%) Salesforce.com
6 1 (2.22%) Splunk
6 1 (2.22%) Teradata
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