The table below looks at the statistics for Econometrics skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Econometrics over the 3 months to 7 December 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
7 Dec 2016
Same period 2015 Same period 2014
Econometrics
Rank 623 634 628
Rank change year-on-year
+11 -6
Contract jobs citing Econometrics 7 10 3
As % of all contract IT jobs located in the UK 0.014% 0.018% 0.005%
As % of the Processes & Methodologies category 0.017% 0.022% 0.007%
Number of daily rates quoted 4 10 2
Median daily rate £459 £700 £216
Median daily rate % change year-on-year
-34.46% +223.69%
90% offered a daily rate of more than £450 £570 £169
10% offered a daily rate of more than £543 £713 £263
UK excluding London median daily rate - £528 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
41121 45003 43480
As % of all contract IT jobs located in the UK 82.48% 81.18% 76.98%
Number of daily rates quoted 27428 29175 28284
Median daily rate £450 £425 £420
Median daily rate % change year-on-year
+5.88% +1.19%
90% offered a daily rate of more than £300 £295 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 1085 1352 1206
Median hourly rate £30.00 £31.44 £25.00
Median hourly rate % change year-on-year
-4.58% +25.76%
90% offered a hourly rate of more than £12.50 £12.50 £11.84
10% offered a hourly rate of more than £50.00 £50.00 £47.50
UK excluding London median hourly rate £31.00 £35.00 £25.00
% change year-on-year
-11.42% +40.00%

Econometrics
Jobs Demand Trend

The demand trend of contract jobs citing Econometrics as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Econometrics Jobs Demand Trend in the UK

Econometrics
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Econometrics within the UK.

Econometrics Daily Rate Trend in the UK

Econometrics
Top 2 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 3 months to 7 December 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
England +21 7 £459 -34.46% 7
London +2 7 £459 -34.46% 4

Econometrics
Top 30 Related IT Skills

For the 6 months to 7 December 2016, IT contractor jobs citing Econometrics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Econometrics.

1 11 (64.71%) Statistics
2 10 (58.82%) R
3 8 (47.06%) SQL
4 7 (41.18%) Python
5 6 (35.29%) PhD
5 6 (35.29%) Degree
5 6 (35.29%) Mathematics
6 5 (29.41%) Credit Risk
6 5 (29.41%) SAS
6 5 (29.41%) SAP
6 5 (29.41%) Finance
6 5 (29.41%) Analytics
6 5 (29.41%) Credit Risk Modelling
7 4 (23.53%) Computational Intelligence
7 4 (23.53%) SAP HANA
7 4 (23.53%) Demand Forecasting
7 4 (23.53%) Time Series Forecasting
7 4 (23.53%) Analytical Skills
7 4 (23.53%) Validation
7 4 (23.53%) Neural Network
7 4 (23.53%) Retail
8 3 (17.65%) Operations Research
8 3 (17.65%) Logistics
8 3 (17.65%) Economics
8 3 (17.65%) Tableau
8 3 (17.65%) FMCG
8 3 (17.65%) SPSS
8 3 (17.65%) E-Commerce
8 3 (17.65%) Markov Chain
9 2 (11.76%) Econometric Modelling

Econometrics
Top Related IT Skills 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 (29.41%) SAS
2 1 (5.88%) TPMS
Applications
1 3 (17.65%) SPSS
2 1 (5.88%) EViews
Business Applications
1 1 (5.88%) SAP Oil and Gas
Database & Business Intelligence
1 4 (23.53%) SAP HANA
2 2 (11.76%) Hadoop
3 1 (5.88%) Big Data
3 1 (5.88%) Data Warehouse
3 1 (5.88%) DB2
3 1 (5.88%) Microsoft Analysis Services
3 1 (5.88%) MySQL
3 1 (5.88%) OLAP
3 1 (5.88%) OLAP Cube
3 1 (5.88%) Oracle OLAP
3 1 (5.88%) Oracle Reports
3 1 (5.88%) Relational Database
3 1 (5.88%) SQL Server
3 1 (5.88%) SQL Server Analysis Services
General
1 5 (29.41%) Finance
2 4 (23.53%) Retail
3 2 (11.76%) Banking
3 2 (11.76%) Investment Banking
4 1 (5.88%) Electronics
4 1 (5.88%) Manufacturing
4 1 (5.88%) Marketing
4 1 (5.88%) Telecoms
Job Titles
1 4 (23.53%) Developer
2 3 (17.65%) Analyst
2 3 (17.65%) Credit Risk Modeller
2 3 (17.65%) Data Scientist
3 2 (11.76%) Insight Analyst
3 2 (11.76%) Quantitative Developer
4 1 (5.88%) C# Developer
4 1 (5.88%) C++ Developer
4 1 (5.88%) C++/C# Developer
4 1 (5.88%) C++/Java Developer
4 1 (5.88%) Credit Analyst
4 1 (5.88%) Credit Risk Analyst
4 1 (5.88%) Java Developer
4 1 (5.88%) Junior
4 1 (5.88%) Programmer
4 1 (5.88%) Python Developer
4 1 (5.88%) Quantitative Analyst
4 1 (5.88%) Quantitative Risk Analyst
4 1 (5.88%) Report Developer
4 1 (5.88%) Risk Analyst
Libraries, Frameworks & Software Standards
1 1 (5.88%) MDX
Miscellaneous
1 11 (64.71%) Statistics
2 6 (35.29%) Mathematics
3 5 (29.41%) Credit Risk
4 4 (23.53%) Analytical Skills
4 4 (23.53%) Neural Network
5 3 (17.65%) Economics
5 3 (17.65%) FMCG
6 1 (5.88%) Computer Science
6 1 (5.88%) Physics
Processes & Methodologies
1 5 (29.41%) Analytics
1 5 (29.41%) Credit Risk Modelling
2 4 (23.53%) Computational Intelligence
2 4 (23.53%) Demand Forecasting
2 4 (23.53%) Time Series Forecasting
2 4 (23.53%) Validation
3 3 (17.65%) E-Commerce
3 3 (17.65%) Logistics
3 3 (17.65%) Markov Chain
3 3 (17.65%) Operations Research
4 2 (11.76%) Business Intelligence
4 2 (11.76%) CRM
4 2 (11.76%) Econometric Modelling
4 2 (11.76%) Probability Theory
4 2 (11.76%) Project Management
4 2 (11.76%) Prototyping
4 2 (11.76%) Risk Analytics
5 1 (5.88%) Data Modelling
5 1 (5.88%) Digital Marketing
5 1 (5.88%) Stakeholder Management
Programming Languages
1 10 (58.82%) R
2 8 (47.06%) SQL
3 7 (41.18%) Python
4 2 (11.76%) C++
4 2 (11.76%) MATLAB
5 1 (5.88%) C#
5 1 (5.88%) Java
Qualifications
1 6 (35.29%) Degree
1 6 (35.29%) PhD
2 2 (11.76%) Postgraduate
Vendors
1 5 (29.41%) SAP
2 3 (17.65%) Tableau
3 2 (11.76%) Teradata
4 1 (5.88%) Oracle