Econometrics Contracts

Econometrics
UK

The following table provides summary statistics for contract job vacancies with a requirement for Econometrics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Econometrics over the 6 months to 23 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 575 702 849
Rank change year-on-year +127 +147 -188
Contract jobs citing Econometrics 16 5 13
As % of all contract jobs advertised in the UK 0.037% 0.008% 0.015%
As % of the Processes & Methodologies category 0.042% 0.009% 0.016%
Number of daily rates quoted 14 0 8
10th Percentile £145 - £470
25th Percentile £330 - £509
Median daily rate (50th Percentile) £400 - £650
Median % change year-on-year - - +8.33%
75th Percentile £532 - £738
90th Percentile £665 - £775
UK excluding London median daily rate £355 - £613

All Process and Methodology Skills
UK

Econometrics 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 with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,683 54,210 80,866
As % of all contract IT jobs advertised in the UK 86.32% 89.89% 90.59%
Number of daily rates quoted 24,351 37,527 56,743
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.36%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.83%
Number of hourly rates quoted 2,427 1,790 1,945
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.64 £15.25
Median hourly rate £35.00 £37.50 £25.00
Median % change year-on-year -6.67% +50.00% -
75th Percentile £58.75 £65.00 £49.25
90th Percentile £72.07 £75.00 £63.75
UK excluding London median hourly rate £35.50 £37.30 £20.00
% change year-on-year -4.83% +86.50% -8.17%

Econometrics
Job Vacancy Trend

Job postings citing Econometrics as a proportion of all IT jobs advertised.

Job vacancy trend for Econometrics in the UK

Econometrics
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Econometrics.

Daily rate trend for Econometrics in the UK

Econometrics
Daily Rate Histogram

Daily rate distribution for jobs citing Econometrics over the 6 months to 23 April 2024.

Daily rate histogram for Econometrics in the UK

Econometrics
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Econometrics within the UK over the 6 months to 23 April 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
England +126 16 £400 - 19
London +107 11 £455 - 14
Work from Home - 8 £500 - 7
UK excluding London - 5 £355 - 4
South East - 4 £355 - 2
North of England - 1 - - 1
North West - 1 - -

Econometrics
Co-occurring Skills and Capabilities 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 3 (18.75%) SAS
2 1 (6.25%) Confluence
2 1 (6.25%) GeoServer
Applications
1 3 (18.75%) SPSS
Cloud Services
1 2 (12.50%) Azure
1 2 (12.50%) Power Platform
2 1 (6.25%) Azure Cosmos DB
2 1 (6.25%) Azure Data Factory
2 1 (6.25%) Azure DevOps
2 1 (6.25%) PowerApps
Database & Business Intelligence
1 3 (18.75%) Qlik Sense
1 3 (18.75%) Tableau
2 2 (12.50%) Power BI
3 1 (6.25%) GIS
3 1 (6.25%) PostgreSQL
3 1 (6.25%) QGIS
Development Applications
1 5 (31.25%) Git
2 1 (6.25%) JIRA
General
1 8 (50.00%) Analytical Skills
1 8 (50.00%) Social Skills
2 4 (25.00%) Marketing
3 3 (18.75%) Advertising
3 3 (18.75%) Presentation Skills
4 2 (12.50%) Finance
5 1 (6.25%) Retail
Job Titles
1 5 (31.25%) Analyst
1 5 (31.25%) Data Scientist
2 3 (18.75%) Data Analyst
2 3 (18.75%) Econometrician
3 2 (12.50%) Qualitative Analyst
3 2 (12.50%) Quantitative Analyst
3 2 (12.50%) Senior
3 2 (12.50%) Senior Data Scientist
4 1 (6.25%) Artificial Intelligence Developer
4 1 (6.25%) Auditor
4 1 (6.25%) Data Engineer
4 1 (6.25%) Developer
4 1 (6.25%) GIS Developer
4 1 (6.25%) Junior
4 1 (6.25%) Junior Data Scientist
4 1 (6.25%) Lead
4 1 (6.25%) Lead Data Engineer
4 1 (6.25%) SQL Analyst
4 1 (6.25%) SQL Data Analyst
4 1 (6.25%) Tableau Analyst
Libraries, Frameworks & Software Standards
1 3 (18.75%) D3.js
2 1 (6.25%) CSS
2 1 (6.25%) HTML
2 1 (6.25%) OpenLayers
2 1 (6.25%) PostGIS
2 1 (6.25%) React
2 1 (6.25%) Web Services
Miscellaneous
1 5 (31.25%) Algorithms
2 3 (18.75%) Credit Risk
3 1 (6.25%) Market Risk
Processes & Methodologies
1 10 (62.50%) Statistics
2 9 (56.25%) Analytics
2 9 (56.25%) Mathematics
3 7 (43.75%) Visualisation
4 6 (37.50%) Data Visualisation
4 6 (37.50%) Machine Learning
4 6 (37.50%) Problem-Solving
5 5 (31.25%) Bayesian Methods
5 5 (31.25%) Business Intelligence
5 5 (31.25%) Data Pipeline
5 5 (31.25%) Data Science
5 5 (31.25%) Economics
6 4 (25.00%) Agile
6 4 (25.00%) Marketing Mix
6 4 (25.00%) Statistical Modelling
7 3 (18.75%) Actionable Insight
7 3 (18.75%) Data Enrichment
7 3 (18.75%) Data Interpretation
7 3 (18.75%) Econometric Modelling
7 3 (18.75%) Model Validation
Programming Languages
1 15 (93.75%) Python
2 7 (43.75%) SQL
3 6 (37.50%) R
4 1 (6.25%) JavaScript
4 1 (6.25%) Scala
Qualifications
1 5 (31.25%) Degree
1 5 (31.25%) Master's Degree
1 5 (31.25%) PhD
2 1 (6.25%) BPSS Clearance
Quality Assurance & Compliance
1 3 (18.75%) Data Quality
2 1 (6.25%) QA
Vendors
1 1 (6.25%) Databricks
1 1 (6.25%) Microsoft