Algorithms
East London > Tower Hamlets
The table below looks at the prevalence of the term Algorithms in contract job vacancies advertised in Tower Hamlets. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Algorithms over the 6 months to 5 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 5 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 23 | 16 | 14 |
| Rank change year-on-year | -7 | -2 | - |
| Contract jobs citing Algorithms | 1 | 1 | 1 |
| As % of all contract jobs advertised in Tower Hamlets | 0.93% | 1.56% | 1.67% |
| As % of the Miscellaneous category | 1.96% | 6.67% | 6.67% |
| Number of daily rates quoted | 1 | 1 | 1 |
| Median daily rate (50th Percentile) | £725 | £500 | £690 |
| Median % change year-on-year | +45.00% | -27.54% | - |
| East London median daily rate | £850 | £500 | £633 |
| % change year-on-year | +70.00% | -20.95% | - |
All Generic Skills
Tower Hamlets
Algorithms is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tower Hamlets with a requirement for generic IT skills.
| Contract vacancies with a requirement for generic IT skills | 51 | 15 | 15 |
| As % of all contract IT jobs advertised in Tower Hamlets | 47.22% | 23.44% | 25.00% |
| Number of daily rates quoted | 50 | 13 | 11 |
| 10th Percentile | £460 | £496 | £383 |
| 25th Percentile | £531 | £500 | £517 |
| Median daily rate (50th Percentile) | £585 | £534 | £625 |
| Median % change year-on-year | +9.55% | -14.56% | -3.85% |
| 75th Percentile | £650 | £950 | £738 |
| 90th Percentile | £770 | - | - |
| East London median daily rate | £538 | £534 | £469 |
| % change year-on-year | +0.66% | +13.80% | +10.09% |
Algorithms
Job Vacancy Trend in Tower Hamlets
Job postings citing Algorithms as a proportion of all IT jobs advertised in Tower Hamlets.
Algorithms
Contractor Daily Rate Trend in Tower Hamlets
3-month moving average daily rate quoted in jobs citing Algorithms in Tower Hamlets.
Algorithms
Contract Job Locations in Tower Hamlets
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Algorithms within the Tower Hamlets region over the 6 months to 5 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.
| Location | Rank Change on Same Period Last Year |
Matching Contract IT Job Ads |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| Canary Wharf | -6 | 1 | £725 | +45.00% | |
| Algorithms East London |
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Algorithms
Co-occurring Skills and Capabilities in Tower Hamlets by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:
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