Economics Contracts in the UK excluding London

Economics
UK > UK excluding London

The following table provides summary statistics for contract job vacancies advertised in the UK excluding London with a requirement for Economics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Economics over the 6 months to 1 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 386 414 486
Rank change year-on-year +28 +72 -65
Contract jobs citing Economics 14 24 38
As % of all contract jobs advertised in the UK excluding London 0.067% 0.11% 0.12%
As % of the Processes & Methodologies category 0.081% 0.12% 0.14%
Number of daily rates quoted 7 11 17
10th Percentile £226 £115 -
25th Percentile £274 £239 £140
Median daily rate (50th Percentile) £475 £480 £141
Median % change year-on-year -1.04% +241.64% -65.22%
75th Percentile £544 £500 £550
90th Percentile £546 £538 £638
UK median daily rate £638 £700 £700
% change year-on-year -8.93% - +16.67%
Number of hourly rates quoted 5 1 12
10th Percentile - - £12.90
25th Percentile £10.42 - £14.25
Median hourly rate £20.24 £20.47 £14.50
Median % change year-on-year -1.15% +41.17% +26.09%
75th Percentile £25.27 - £19.52
90th Percentile £25.32 - -
UK median hourly rate £20.87 £47.50 £19.52
% change year-on-year -56.07% +143.34% -25.25%

All Process and Methodology Skills
UK excluding London

Economics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the UK excluding London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 17,348 20,314 27,218
As % of all contract IT jobs advertised in the UK excluding London 83.29% 89.18% 89.24%
Number of daily rates quoted 10,293 13,939 19,042
10th Percentile £250 £260 £240
25th Percentile £375 £400 £394
Median daily rate (50th Percentile) £500 £500 £488
Median % change year-on-year - +2.56% +9.18%
75th Percentile £600 £600 £575
90th Percentile £688 £694 £663
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 2,136 1,244 1,338
10th Percentile £12.45 £10.63 £12.47
25th Percentile £15.39 £15.21 £14.25
Median hourly rate £38.12 £35.00 £20.00
Median % change year-on-year +8.91% +75.00% -4.76%
75th Percentile £61.30 £64.72 £47.50
90th Percentile £72.50 £74.70 £62.80
UK median hourly rate £36.50 £36.25 £25.68
% change year-on-year +0.69% +41.16% +9.74%

Economics
Job Vacancy Trend in the UK excluding London

Job postings citing Economics as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Economics in the UK excluding London

Economics
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Economics in the UK excluding London.

Daily rate trend for Economics in the UK excluding London

Economics
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Economics in the UK excluding London over the 6 months to 1 June 2024.

Daily rate histogram for Economics in the UK excluding London

Economics
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Economics in the UK excluding London.

Hourly rate trend for Economics in the UK excluding London

Economics
Hourly Rate Histogram in the UK excluding London

Hourly rate distribution of jobs citing Economics in the UK excluding London over the 6 months to 1 June 2024.

Hourly rate histogram for Economics in the UK excluding London

Economics
Contract Job Locations in the UK excluding 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 UK excluding London region over the 6 months to 1 June 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
North West +22 4 £538 +11.98% 10
North of England +21 4 £538 +9.69% 17
South East -2 3 £224 -40.40% 19
South West - 3 £538 - 4
Wales +19 2 - - 1
East of England +6 2 - - 12
Midlands +22 1 £475 -9.52% 11
Northern Ireland - 1 £325 - 1
West Midlands - 1 £475 - 6
Economics
UK

Economics
Co-occurring Skills and Capabilities in the UK excluding London 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:

Application Platforms
1 1 (7.14%) SAS
Applications
1 1 (7.14%) Stata
Business Applications
1 2 (14.29%) SAP MDG
2 1 (7.14%) SAP CO
2 1 (7.14%) SAP FI
2 1 (7.14%) SAP FI/CO
2 1 (7.14%) SAP S/4HANA
Cloud Services
1 1 (7.14%) Azure
1 1 (7.14%) Power Platform
Communications & Networking
1 2 (14.29%) Internet
Database & Business Intelligence
1 1 (7.14%) Metadata
1 1 (7.14%) Power BI
1 1 (7.14%) Tableau
General
1 7 (50.00%) Analytical Skills
2 5 (35.71%) Social Skills
3 3 (21.43%) Finance
3 3 (21.43%) Legal
4 2 (14.29%) Law
4 2 (14.29%) Pharmaceutical
4 2 (14.29%) Publishing
5 1 (7.14%) General Ledger
5 1 (7.14%) Influencing Skills
Job Titles
1 5 (35.71%) Analyst
2 2 (14.29%) Architect
2 2 (14.29%) Data Analyst
2 2 (14.29%) Data Analytics Architect
2 2 (14.29%) Data Governance Analyst
2 2 (14.29%) Data Governance Manager
2 2 (14.29%) Data Manager
2 2 (14.29%) Domain Architect
2 2 (14.29%) Enterprise Architect
2 2 (14.29%) Enterprise Technical Architect
2 2 (14.29%) Governance Manager
2 2 (14.29%) Lead
2 2 (14.29%) Lead Architect
2 2 (14.29%) Lead Enterprise Architect
2 2 (14.29%) SAP Data Manager
2 2 (14.29%) SAP Manager
2 2 (14.29%) Technical Architect
2 2 (14.29%) Technical Leader
3 1 (7.14%) Cybersecurity Manager
3 1 (7.14%) Project Manager - Cybersecurity
Miscellaneous
1 1 (7.14%) Analytical Mindset
1 1 (7.14%) Cyber Security Posture
1 1 (7.14%) Life Science
1 1 (7.14%) Management Information System
1 1 (7.14%) Reference Data
1 1 (7.14%) Security Posture
Processes & Methodologies
1 7 (50.00%) Problem-Solving
2 5 (35.71%) Statistics
3 4 (28.57%) Critical Thinking
4 3 (21.43%) Analytics
4 3 (21.43%) Computer Science
4 3 (21.43%) Data Science
5 2 (14.29%) Agile
5 2 (14.29%) Business Intelligence
5 2 (14.29%) Data Analysis
5 2 (14.29%) Data Governance
5 2 (14.29%) Data Management
5 2 (14.29%) Data Privacy
5 2 (14.29%) Dependency Management
5 2 (14.29%) Enterprise Architecture
5 2 (14.29%) Informatics
5 2 (14.29%) Market Research
5 2 (14.29%) Mathematics
5 2 (14.29%) Quality Management
5 2 (14.29%) Quantitative Analysis
5 2 (14.29%) TOGAF
Programming Languages
1 2 (14.29%) Python
1 2 (14.29%) SQL
2 1 (7.14%) R
Qualifications
1 11 (78.57%) Degree
2 5 (35.71%) Master's Degree
3 3 (21.43%) PhD
3 3 (21.43%) Postgraduate
4 1 (7.14%) BPSS Clearance
4 1 (7.14%) Numerate Degree
4 1 (7.14%) SAP Certification
4 1 (7.14%) SC Cleared
4 1 (7.14%) Security Cleared
Quality Assurance & Compliance
1 1 (7.14%) Data Quality
1 1 (7.14%) GDPR
Vendors
1 3 (21.43%) SAP
2 1 (7.14%) Salesforce