The table below looks at the prevalence of the term Economics in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 25 July 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
25 Jul 2016
Same period 2015 Same period 2014
Economics
Rank 587 576 503
Rank change year-on-year
-11 -73
Contract jobs citing Economics 74 66 107
As % of all contract IT jobs located in the UK 0.14% 0.12% 0.20%
As % of the Miscellaneous category 0.41% 0.36% 0.61%
Number of daily rates quoted 53 40 66
Median daily rate £394 £355 £390
Median daily rate % change year-on-year
+10.91% -8.97%
90% offered a daily rate of more than £200 £249 £300
10% offered a daily rate of more than £575 £514 £550
UK excluding London median daily rate £365 £350 £375
% change year-on-year
+4.21% -6.66%
Number of hourly rates quoted 0 1 10
Median hourly rate - £14.65 £30.00
Median hourly rate % change year-on-year
- -51.18%
UK excluding London median hourly rate - - £19.75

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
18103 18403 17457
As % of all contract IT jobs located in the UK 33.51% 32.31% 32.40%
Number of daily rates quoted 11674 11543 10561
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £612 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 637 722 697
Median hourly rate £20.83 £18.50 £20.00
Median hourly rate % change year-on-year
+12.59% -7.50%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £46.00 £47.35 £45.00
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

Economics
Jobs Demand Trend

The demand trend of contract jobs citing Economics as a proportion of all IT contracts with a match in the Miscellaneous category.

Economics Jobs Demand Trend in the UK

Economics
Daily Rate Trend

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

Economics Daily Rate Trend in the UK

Economics
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics within the UK over the 3 months to 25 July 2016.

Economics Daily Rate Histogram in the UK

Economics
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Economics within the UK.

Economics Hourly Rate Trend in the UK

Economics
Top 30 Contract Locations

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 over the 3 months to 25 July 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 +10 69 £394 +6.77% 38
London +9 29 £419 -6.94% 26
South East -2 18 £500 +38.41% 9
Tyne and Wear -33 12 £350 -20.13%
Newcastle upon Tyne -37 12 £350 -20.13%
North East -38 12 £350 -20.13%
Berkshire +1 7 £550 -9.56% 4
Hampshire -8 5 £424 +30.30% 2
West Midlands -27 5 £266 -3.27% 1
Hook +3 4 £434 +16.42% 1
Reading +8 3 £550 - 2
Dudley - 3 £100 -
City of London +44 2 £425 +25.46% 7
West Yorkshire -2 2 - - 1
Scotland -7 2 £475 +79.24% 3
Yorkshire -8 2 - - 1
Wolverhampton - 2 £432 -
East Sussex - 2 £600 -
Surrey - 2 £350 - 1
Hove - 2 £600 -
Wales +18 1 £400 -
Buckinghamshire +16 1 £240 -36.42%
South Wales +12 1 £400 -
Leeds +3 1 - - 1
Edinburgh -4 1 £600 +84.61% 3
Midlands -5 1 - -
South West -7 1 £400 +10.34%
Bristol -7 1 £400 +8.47%
Renfrewshire -27 1 £350 +32.07%
Erskine -31 1 £350 +32.07%

Economics
Top 30 Related IT Skills

For the 6 months to 25 July 2016, IT contractor jobs citing Economics 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 Economics.

1 54 (42.52%) Degree
2 50 (39.37%) Analytical Skills
3 49 (38.58%) Finance
4 47 (37.01%) Project Management
5 44 (34.65%) Mathematics
6 33 (25.98%) Change Management
7 30 (23.62%) Microsoft
8 26 (20.47%) Security Cleared
9 25 (19.69%) SAS
10 24 (18.90%) Programme Management
10 24 (18.90%) SC Cleared
11 23 (18.11%) Statistics
11 23 (18.11%) MS Office
12 22 (17.32%) Computer Science
12 22 (17.32%) Banking
13 21 (16.54%) Service Management
14 19 (14.96%) SQL
15 18 (14.17%) Agile Software Development
15 18 (14.17%) Analytics
16 17 (13.39%) Credit Risk
16 17 (13.39%) MS Excel
17 15 (11.81%) Windows
17 15 (11.81%) SPSS
18 14 (11.02%) Risk Management
19 13 (10.24%) Service Delivery
19 13 (10.24%) PRINCE2
19 13 (10.24%) ITIL
20 12 (9.45%) Oracle
20 12 (9.45%) Operations Research
20 12 (9.45%) Project Planning

Economics
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 25 (19.69%) SAS
2 5 (3.94%) Confluence
3 2 (1.57%) GemFire
3 2 (1.57%) Oracle Coherence
3 2 (1.57%) SharePoint
4 1 (0.79%) Apache Spark
4 1 (0.79%) Skype for Business
Applications
1 23 (18.11%) MS Office
2 17 (13.39%) MS Excel
3 15 (11.81%) SPSS
4 10 (7.87%) MS PowerPoint
5 4 (3.15%) MS Project
6 3 (2.36%) Spreadsheet
7 2 (1.57%) MS Visio
8 1 (0.79%) EViews
Business Applications
1 1 (0.79%) Hyperion Planning
1 1 (0.79%) SAP BPC
Cloud Services
1 5 (3.94%) Google Analytics
2 4 (3.15%) SaaS
3 1 (0.79%) Google Cloud Platform
3 1 (0.79%) Office 365
3 1 (0.79%) OneDrive
3 1 (0.79%) SuccessFactors
Communications & Networking
1 5 (3.94%) SAN
2 4 (3.15%) Firewall
3 3 (2.36%) LAN
3 3 (2.36%) Wi-Fi
3 3 (2.36%) WLAN
4 2 (1.57%) Internet
4 2 (1.57%) Skype
5 1 (0.79%) HTTPS
5 1 (0.79%) Multicast
Database & Business Intelligence
1 9 (7.09%) SQL Server
2 5 (3.94%) Relational Database
3 4 (3.15%) QlikView
4 3 (2.36%) Data Mining
4 3 (2.36%) GIS
5 2 (1.57%) Big Data
5 2 (1.57%) Hadoop
6 1 (0.79%) Apache Hive
6 1 (0.79%) BigQuery
6 1 (0.79%) Data Mart
6 1 (0.79%) Essbase
6 1 (0.79%) Hyperion Smart View
6 1 (0.79%) KDB
6 1 (0.79%) NoSQL
6 1 (0.79%) Oracle BI EE
6 1 (0.79%) PowerPivot
6 1 (0.79%) QGIS
6 1 (0.79%) Roambi
6 1 (0.79%) SAS Data Integration Studio
6 1 (0.79%) Spotfire
Development Applications
1 5 (3.94%) JIRA
2 1 (0.79%) Axure RP
2 1 (0.79%) NUnit
2 1 (0.79%) TeamCity
2 1 (0.79%) Toad
General
1 49 (38.58%) Finance
2 22 (17.32%) Banking
3 11 (8.66%) Marketing
3 11 (8.66%) Retail
4 10 (7.87%) Investment Banking
5 7 (5.51%) Front Office
6 4 (3.15%) Legal
6 4 (3.15%) Retail Banking
7 2 (1.57%) Advertising
7 2 (1.57%) Telecoms
8 1 (0.79%) Automotive
8 1 (0.79%) Back Office
8 1 (0.79%) Billing
8 1 (0.79%) Dutch Language
8 1 (0.79%) Financial Institution
8 1 (0.79%) French Language
8 1 (0.79%) Games
8 1 (0.79%) Greek Language
8 1 (0.79%) Law
8 1 (0.79%) Romanian Language
Job Titles
1 44 (34.65%) Project Manager
2 40 (31.50%) Analyst
3 11 (8.66%) Business Analyst
3 11 (8.66%) Programme Manager
4 10 (7.87%) Risk Analyst
5 7 (5.51%) Consultant
5 7 (5.51%) Credit Analyst
5 7 (5.51%) Credit Risk Analyst
5 7 (5.51%) SC Cleared Project Manager
6 6 (4.72%) Applications Manager
6 6 (4.72%) Applications Project Manager
6 6 (4.72%) Architect
6 6 (4.72%) Developer
7 5 (3.94%) Data Analyst
7 5 (3.94%) Digital Project Manager
8 4 (3.15%) Insight Analyst
8 4 (3.15%) Quantitative Analyst
8 4 (3.15%) Senior Manager
8 4 (3.15%) Senior Project Manager
8 4 (3.15%) Technical Architect
Libraries, Frameworks & Software Standards
1 3 (2.36%) Middleware
2 2 (1.57%) .NET
2 2 (1.57%) HTML
2 2 (1.57%) HTML5
2 2 (1.57%) jQuery
2 2 (1.57%) Silverlight
2 2 (1.57%) Spring
3 1 (0.79%) .NET Framework
3 1 (0.79%) CSS
3 1 (0.79%) CSS3
3 1 (0.79%) Doctrine
3 1 (0.79%) Entity Framework
3 1 (0.79%) LESS
3 1 (0.79%) MLlib
3 1 (0.79%) Murex MxML
3 1 (0.79%) NHibernate
3 1 (0.79%) PostGIS
3 1 (0.79%) Reactive Extensions
3 1 (0.79%) Sass
3 1 (0.79%) SciPy
Miscellaneous
1 50 (39.37%) Analytical Skills
2 44 (34.65%) Mathematics
3 23 (18.11%) Statistics
4 22 (17.32%) Computer Science
5 17 (13.39%) Credit Risk
6 9 (7.09%) User Experience
7 7 (5.51%) Equities
7 7 (5.51%) Management Information System
8 6 (4.72%) Fixed Income
8 6 (4.72%) Physics
9 5 (3.94%) Virtual Team
10 4 (3.15%) Data Structures
10 4 (3.15%) Foreign Exchange (FX)
10 4 (3.15%) Market Risk
11 3 (2.36%) Algorithms
11 3 (2.36%) Derivative
11 3 (2.36%) Private Cloud
12 2 (1.57%) Reference Data
12 2 (1.57%) Visualisation
13 1 (0.79%) Data Extraction
Operating Systems
1 15 (11.81%) Windows
2 9 (7.09%) Linux
3 6 (4.72%) Red Hat Enterprise Linux
4 5 (3.94%) Unix
5 3 (2.36%) Mac OS X
5 3 (2.36%) MVS
Processes & Methodologies
1 47 (37.01%) Project Management
2 33 (25.98%) Change Management
3 24 (18.90%) Programme Management
4 21 (16.54%) Service Management
5 18 (14.17%) Agile Software Development
5 18 (14.17%) Analytics
6 14 (11.02%) Risk Management
7 13 (10.24%) ITIL
7 13 (10.24%) PRINCE2
7 13 (10.24%) Service Delivery
8 12 (9.45%) Operations Research
8 12 (9.45%) Project Planning
9 11 (8.66%) Process Improvement
10 9 (7.09%) Validation
11 8 (6.30%) Business Analysis
11 8 (6.30%) SDLC
12 7 (5.51%) Continuous Improvement
13 6 (4.72%) Capacity Planning
13 6 (4.72%) Econometrics
13 6 (4.72%) Technical Architecture
Programming Languages
1 19 (14.96%) SQL
2 12 (9.45%) R
3 10 (7.87%) VBA
4 8 (6.30%) Python
5 7 (5.51%) MATLAB
6 5 (3.94%) Java
7 3 (2.36%) C#
8 2 (1.57%) JavaScript
8 2 (1.57%) SAS Macro
9 1 (0.79%) C
9 1 (0.79%) C++
9 1 (0.79%) Perl
9 1 (0.79%) PL/SQL
9 1 (0.79%) Scala
9 1 (0.79%) T-SQL
9 1 (0.79%) VB
9 1 (0.79%) XAML
Qualifications
1 54 (42.52%) Degree
2 26 (20.47%) Security Cleared
3 24 (18.90%) SC Cleared
4 5 (3.94%) PMP
4 5 (3.94%) Postgraduate
5 3 (2.36%) A+ Certification
6 2 (1.57%) BPSS Clearance
6 2 (1.57%) CFA
6 2 (1.57%) CISA
6 2 (1.57%) CISM
6 2 (1.57%) CISSP
7 1 (0.79%) CAPM
7 1 (0.79%) CBAP
7 1 (0.79%) DV Cleared
7 1 (0.79%) MBA
7 1 (0.79%) PhD
7 1 (0.79%) PMI Certification
7 1 (0.79%) PRINCE2 Practitioner
7 1 (0.79%) Six Sigma Green Belt
Quality Assurance & Compliance
1 9 (7.09%) QA
2 5 (3.94%) SLA
3 3 (2.36%) Data Quality
4 2 (1.57%) MiFID
System Software
1 6 (4.72%) VMware Infrastructure
Systems Management
1 6 (4.72%) NetBackup
1 6 (4.72%) Tivoli Storage Manager
2 1 (0.79%) ITRS Geneos
Vendors
1 30 (23.62%) Microsoft
2 12 (9.45%) Oracle
3 6 (4.72%) BMC
3 6 (4.72%) NetApp
3 6 (4.72%) VMware
4 5 (3.94%) Atlassian
4 5 (3.94%) Google
5 4 (3.15%) SAP
5 4 (3.15%) Tableau
6 3 (2.36%) Cognos
7 2 (1.57%) HP
7 2 (1.57%) Sybase
8 1 (0.79%) Alias
8 1 (0.79%) Cisco
8 1 (0.79%) Hyperion
8 1 (0.79%) IBM
8 1 (0.79%) Informatica
8 1 (0.79%) Mapinfo
8 1 (0.79%) Teradata
8 1 (0.79%) TIBCO
City, London
Venturi
Rate: £250 - £320 per day
Posted: 5 days ago
Bracknell, Berkshire
Harvey Nash plc
Rate: £250 - £280 per day
Posted: 5 days ago
Reading, Berkshire
Harvey Nash plc
Rate: £250 - £280 per day
Posted: 4 days ago
City, London
Parallel Consulting
Rate: £300 - £450 per day
Posted: 5 days ago
Hampshire
LA International
Rate: £335 per day
Posted: 3 days ago
Hook, Hampshire
Experis Ltd
Rate: £400 - £440 per day
Posted: 3 days ago
London
Orgtel
Rate: £200 - £225 per day
Posted: 3 days ago