The table below looks at the prevalence of the term Economics in IT contracts advertised for the North West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 13 February 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.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
Economics
Rank 152 144 133
Rank change year-on-year
-8 -11
Contract jobs citing Economics 2 1 3
As % of all contract IT jobs located in the North West 0.053% 0.031% 0.11%
As % of the Miscellaneous category 0.16% 0.11% 0.36%
Number of daily rates quoted 1 1 3
Average daily rate £1,000 £425 £550
Average daily rate % change year-on-year
+135.29% -22.72%
UK excluding London average daily rate £373 £357 £400
% change year-on-year
+4.48% -10.87%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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 North West region.

Miscellaneous Category
North West
Contract IT job ads with a match in the
Miscellaneous category
1240 925 839
As % of all contract IT jobs located in the North West 33.07% 28.41% 29.90%
Number of daily rates quoted 715 532 475
Average daily rate £400 £375 £325
Average daily rate % change year-on-year
+6.66% +15.38%
90% offered a daily rate of more than £207 £250 £200
10% offered a daily rate of more than £550 £500 £525
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 62 39 59
Average hourly rate £18.00 £18.75 £16.50
Average hourly rate % change year-on-year
-4.00% +13.63%
90% offered a hourly rate of more than £14.00 £11.92 £10.50
10% offered a hourly rate of more than £43.83 £40.00 £32.00
UK excluding London average hourly rate £22.50 £17.50 £17.50
% change year-on-year
+28.57% -

Economics
Jobs Demand Trend in the North West

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

Economics Jobs Demand Trend in the North West

Economics
Daily Rate Trend in the North West

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

Economics Daily Rate Trend in the North West

Economics
Hourly Rate Trend in the North West

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

Economics Hourly Rate Trend in the North West

Economics
Contract Job Locations in the North West

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Economics within the North West region over the 3 months to 13 February 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
(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
Manchester -14 1 - - 1
Lancashire - 1 £1,000 -
Economics
England

Economics
Top 30 Related IT Skills in the North West

For the 6 months to 13 February 2016, IT contractor jobs across the North West 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 6 (100.00%) Degree
2 5 (83.33%) Mathematics
2 5 (83.33%) Computer Science
2 5 (83.33%) Operations Research
2 5 (83.33%) Analytics
3 4 (66.67%) Physics
3 4 (66.67%) Data Analytics
4 3 (50.00%) Data Management
5 2 (33.33%) Analytical Skills
5 2 (33.33%) Data Visualisation
5 2 (33.33%) Visualisation
5 2 (33.33%) Predictive Analytics
5 2 (33.33%) Business Intelligence
6 1 (16.67%) Risk Analytics
6 1 (16.67%) Microsoft
6 1 (16.67%) PMI
6 1 (16.67%) PMI Certification
6 1 (16.67%) Service Delivery
6 1 (16.67%) Finance
6 1 (16.67%) SQL
6 1 (16.67%) ITIL
6 1 (16.67%) PRINCE2
6 1 (16.67%) MS Excel
6 1 (16.67%) ERP
6 1 (16.67%) SAS
6 1 (16.67%) PMBOK
6 1 (16.67%) Dynamics AX
6 1 (16.67%) Statistics
6 1 (16.67%) Dutch Language
6 1 (16.67%) Credit Risk

Economics
Top Related IT Skills in the North West by Category

For the 6 months to 13 February 2016, IT contractor jobs across the North West 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 1 (16.67%) SAS
Applications
1 1 (16.67%) MS Excel
Business Applications
1 1 (16.67%) Dynamics AX
General
1 1 (16.67%) Dutch Language
1 1 (16.67%) Finance
Job Titles
1 2 (33.33%) Head of Analytics
2 1 (16.67%) Analyst
2 1 (16.67%) Architect
2 1 (16.67%) Credit Analyst
2 1 (16.67%) Credit Risk Analyst
2 1 (16.67%) Head of Business Intelligence
2 1 (16.67%) Head of Operations
2 1 (16.67%) Head of Service Operations
2 1 (16.67%) Head of Technical Operations
2 1 (16.67%) Head of Testing
2 1 (16.67%) Risk Analyst
2 1 (16.67%) Technical Architect
Miscellaneous
1 5 (83.33%) Computer Science
1 5 (83.33%) Mathematics
2 4 (66.67%) Physics
3 2 (33.33%) Analytical Skills
3 2 (33.33%) Visualisation
4 1 (16.67%) Credit Risk
4 1 (16.67%) PMI
4 1 (16.67%) Statistics
Processes & Methodologies
1 5 (83.33%) Analytics
1 5 (83.33%) Operations Research
2 4 (66.67%) Data Analytics
3 3 (50.00%) Data Management
4 2 (33.33%) Business Intelligence
4 2 (33.33%) Data Visualisation
4 2 (33.33%) Predictive Analytics
5 1 (16.67%) ERP
5 1 (16.67%) ITIL
5 1 (16.67%) PRINCE2
5 1 (16.67%) Risk Analysis
5 1 (16.67%) Risk Analytics
5 1 (16.67%) Service Delivery
Programming Languages
1 1 (16.67%) SQL
Qualifications
1 6 (100.00%) Degree
2 1 (16.67%) PMI Certification
Quality Assurance & Compliance
1 1 (16.67%) PMBOK
Vendors
1 1 (16.67%) Microsoft