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 21 January 2017 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
21 Jan 2017
Same period 2016 Same period 2015
Economics
UK
Rank 495 569 524
Rank change year-on-year
+74 -45
Contract jobs citing Economics 87 58 83
As % of all contract IT jobs located in the UK 0.20% 0.11% 0.16%
As % of the Miscellaneous category 0.61% 0.35% 0.52%
Number of daily rates quoted 55 45 54
Median daily rate £400 £440 £426
Median daily rate % change year-on-year
-9.09% +3.22%
90% offered a daily rate of more than £313 £213 £268
10% offered a daily rate of more than £645 £640 £521
UK excluding London median daily rate £378 £391 £415
% change year-on-year
-3.51% -5.72%
Number of hourly rates quoted 5 2 0
Median hourly rate £30.00 £9.39 -
Median hourly rate % change year-on-year
+219.48% -
UK excluding London median hourly rate £30.00 - -

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
14311 16696 16036
As % of all contract IT jobs located in the UK 32.50% 32.86% 31.55%
Number of daily rates quoted 9145 10594 10070
Median daily rate £438 £425 £420
Median daily rate % change year-on-year
+2.94% +1.19%
90% offered a daily rate of more than £250 £240 £240
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £390 £375 £366
% change year-on-year
+4.00% +2.45%
Number of hourly rates quoted 531 693 651
Median hourly rate £21.04 £21.50 £17.50
Median hourly rate % change year-on-year
-2.16% +22.85%
90% offered a hourly rate of more than £11.33 £12.50 £11.50
10% offered a hourly rate of more than £49.00 £50.00 £40.00
UK excluding London median hourly rate £19.30 £21.50 £17.50
% change year-on-year
-10.22% +22.85%

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 21 January 2017.

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 26 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 21 January 2017. 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 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 +46 81 £416 -6.10% 35
London +29 47 £600 +27.65% 25
South East +27 26 £365 -3.94% 4
Hampshire +17 12 £353 +4.44%
Berkshire +21 9 £200 - 2
Reading +15 5 - -
Oxfordshire +3 5 £500 +25.78% 1
Hook +3 4 £390 +13.45%
Bracknell - 4 £200 -
Yorkshire +19 3 £414 -21.51%
City of London -6 3 £465 -19.13% 4
Kingston Upon Thames - 3 - - 2
West Yorkshire +26 2 £414 -21.51%
North West +26 2 £425 -52.11% 3
Manchester +24 2 £425 - 2
Leeds +7 2 £414 -21.51%
North East -14 2 £406 +12.77%
Farnborough - 2 - -
Newcastle upon Tyne -24 1 £406 +12.77%
Tyne and Wear -27 1 £406 +12.77%
Canary Wharf - 1 £675 -
Scotland - 1 £400 - 1
Wales - 1 - -
South Wales - 1 - -
Newport - 1 - -
Edinburgh - 1 £400 - 1

Economics
Top 30 Related IT Skills

For the 6 months to 21 January 2017, 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 69 (40.12%) SQL
2 59 (34.30%) Finance
3 56 (32.56%) Degree
4 51 (29.65%) Analytical Skills
5 44 (25.58%) Banking
5 44 (25.58%) Analytics
6 42 (24.42%) Agile Software Development
6 42 (24.42%) Software Engineering
6 42 (24.42%) Statistics
7 39 (22.67%) SDLC
8 38 (22.09%) Project Management
9 35 (20.35%) Migration
10 34 (19.77%) Pair Programming
10 34 (19.77%) Investment Banking
10 34 (19.77%) Workflow
10 34 (19.77%) Java
10 34 (19.77%) Technical Analysis
11 31 (18.02%) Visualisation
11 31 (18.02%) Open Source
12 30 (17.44%) Microsoft
12 30 (17.44%) Data Migration
13 29 (16.86%) Data Transformation
13 29 (16.86%) Spring
13 29 (16.86%) Hibernate
14 28 (16.28%) Change Management
15 27 (15.70%) Security Cleared
16 26 (15.12%) J2SE
17 25 (14.53%) Stakeholder Management
17 25 (14.53%) Mathematics
17 25 (14.53%) Tableau

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 10 (5.81%) SAS
2 4 (2.33%) Confluence
2 4 (2.33%) IBM HTTP Server
3 3 (1.74%) Apache Spark
4 2 (1.16%) Apache Pig
5 1 (0.58%) SharePoint
Applications
1 20 (11.63%) MS Excel
2 19 (11.05%) MS Office
3 9 (5.23%) SPSS
4 8 (4.65%) MS PowerPoint
5 6 (3.49%) MS Project
6 2 (1.16%) LaTeX
6 2 (1.16%) MS Visio
7 1 (0.58%) EViews
Business Applications
1 1 (0.58%) SAP Oil and Gas
1 1 (0.58%) WebTrends
Cloud Services
1 5 (2.91%) Google Analytics
2 1 (0.58%) Adobe Analytics
Communications & Networking
1 8 (4.65%) Internet
2 4 (2.33%) Intranet
3 2 (1.16%) Broadband
4 1 (0.58%) Value-Added Service
Database & Business Intelligence
1 15 (8.72%) Data Mining
2 8 (4.65%) Data Warehouse
3 5 (2.91%) Spotfire
4 4 (2.33%) MS Access
4 4 (2.33%) Snowflake Schema
4 4 (2.33%) SQL Server
4 4 (2.33%) SQL Server 2005
4 4 (2.33%) SQL Server 2014
5 3 (1.74%) Big Data
5 3 (1.74%) BusinessObjects
5 3 (1.74%) Hadoop
5 3 (1.74%) Relational Database
6 2 (1.16%) Apache Hive
6 2 (1.16%) Cognos Report Studio
6 2 (1.16%) Impala
6 2 (1.16%) Oracle Database
6 2 (1.16%) SAS Visual Analytics
6 2 (1.16%) SQL Server Integration Services
7 1 (0.58%) Data Lake
7 1 (0.58%) Qlik Sense
Development Applications
1 5 (2.91%) Git (software)
1 5 (2.91%) JIRA
2 4 (2.33%) Liquibase
2 4 (2.33%) Talend Open Studio
3 2 (1.16%) NUnit
4 1 (0.58%) Cucumber
4 1 (0.58%) Jenkins
4 1 (0.58%) JSUnit
4 1 (0.58%) JUnit
4 1 (0.58%) PHPUnit
4 1 (0.58%) Subversion
4 1 (0.58%) Toad
General
1 59 (34.30%) Finance
2 44 (25.58%) Banking
3 34 (19.77%) Investment Banking
4 19 (11.05%) Marketing
5 11 (6.40%) Legal
5 11 (6.40%) Telecoms
6 10 (5.81%) Advertising
7 9 (5.23%) Front Office
8 6 (3.49%) Mandarin Language
8 6 (3.49%) Spanish Language
9 4 (2.33%) Aerospace
9 4 (2.33%) Automotive
9 4 (2.33%) Back Office
10 3 (1.74%) Manufacturing
11 2 (1.16%) Billing
11 2 (1.16%) Financial Institution
11 2 (1.16%) Retail
12 1 (0.58%) Dutch Language
12 1 (0.58%) French Language
12 1 (0.58%) Games
Job Titles
1 53 (30.81%) Analyst
2 46 (26.74%) Developer
3 31 (18.02%) Senior Developer
4 29 (16.86%) Agile Developer
4 29 (16.86%) Agile Java Developer
4 29 (16.86%) Java Developer
4 29 (16.86%) Senior Agile Developer
4 29 (16.86%) Senior Agile Java Developer
4 29 (16.86%) Senior Java Developer
5 27 (15.70%) Project Manager
6 23 (13.37%) Data Analyst
7 12 (6.98%) Java Team Leader
7 12 (6.98%) Lead Developer
7 12 (6.98%) Lead Java Developer
7 12 (6.98%) SC Cleared Project Manager
7 12 (6.98%) Team Leader
8 11 (6.40%) Business Analyst
9 9 (5.23%) Applications Manager
9 9 (5.23%) Applications Project Manager
9 9 (5.23%) Core Java Developer
Libraries, Frameworks & Software Standards
1 29 (16.86%) Hibernate
1 29 (16.86%) Spring
2 26 (15.12%) J2SE
3 7 (4.07%) HTML
4 6 (3.49%) HTML5
5 5 (2.91%) .NET
5 5 (2.91%) AngularJS
5 5 (2.91%) CSS
6 2 (1.16%) Flash
6 2 (1.16%) Mason
6 2 (1.16%) Node.js
6 2 (1.16%) React
6 2 (1.16%) Reactive Extensions
6 2 (1.16%) Silverlight
6 2 (1.16%) WPF
6 2 (1.16%) XML
7 1 (0.58%) Backbone.js
7 1 (0.58%) CSS3
7 1 (0.58%) Redux
7 1 (0.58%) RESTful
Miscellaneous
1 51 (29.65%) Analytical Skills
2 42 (24.42%) Statistics
3 31 (18.02%) Visualisation
4 25 (14.53%) Mathematics
5 21 (12.21%) Computer Science
6 13 (7.56%) Derivative
7 9 (5.23%) Fixed Income
7 9 (5.23%) Foreign Exchange (FX)
7 9 (5.23%) Virtual Team
8 8 (4.65%) Algorithms
8 8 (4.65%) Credit Risk
9 7 (4.07%) Physics
9 7 (4.07%) Psychology
10 5 (2.91%) Management Information System
11 4 (2.33%) Market Risk
11 4 (2.33%) OTC Derivatives
12 3 (1.74%) Data Extraction
12 3 (1.74%) Data Integration
12 3 (1.74%) Digital Media
12 3 (1.74%) User Experience
Operating Systems
1 2 (1.16%) Unix
2 1 (0.58%) Windows
Processes & Methodologies
1 44 (25.58%) Analytics
2 42 (24.42%) Agile Software Development
2 42 (24.42%) Software Engineering
3 39 (22.67%) SDLC
4 38 (22.09%) Project Management
5 35 (20.35%) Migration
6 34 (19.77%) Pair Programming
6 34 (19.77%) Technical Analysis
6 34 (19.77%) Workflow
7 31 (18.02%) Open Source
8 30 (17.44%) Data Migration
9 29 (16.86%) Data Transformation
10 28 (16.28%) Change Management
11 25 (14.53%) Stakeholder Management
12 24 (13.95%) Data Analysis
13 21 (12.21%) Programme Management
14 20 (11.63%) Data Visualisation
15 18 (10.47%) Process Improvement
16 16 (9.30%) Business Analysis
17 15 (8.72%) Operations Research
Programming Languages
1 69 (40.12%) SQL
2 34 (19.77%) Java
3 21 (12.21%) R
4 14 (8.14%) Python
5 9 (5.23%) C#
6 8 (4.65%) JavaScript
7 6 (3.49%) C++
8 3 (1.74%) C
8 3 (1.74%) TypeScript
9 2 (1.16%) T-SQL
9 2 (1.16%) XAML
10 1 (0.58%) MATLAB
10 1 (0.58%) PL/SQL
10 1 (0.58%) Scala
10 1 (0.58%) VB
10 1 (0.58%) VBA
Qualifications
1 56 (32.56%) Degree
2 27 (15.70%) Security Cleared
3 22 (12.79%) SC Cleared
4 8 (4.65%) MBA
5 5 (2.91%) PhD
6 4 (2.33%) BPSS Clearance
7 3 (1.74%) CFA
7 3 (1.74%) CISA
7 3 (1.74%) CISM
7 3 (1.74%) CISSP
8 2 (1.16%) ACCA
8 2 (1.16%) CIMA
8 2 (1.16%) PMP
9 1 (0.58%) PgMP
9 1 (0.58%) PMI Certification
9 1 (0.58%) Postgraduate
Quality Assurance & Compliance
1 9 (5.23%) QA
2 7 (4.07%) Data Quality
3 4 (2.33%) GAAP
4 2 (1.16%) Disclosure Scotland
4 2 (1.16%) Dodd-Frank
4 2 (1.16%) MiFID
5 1 (0.58%) Basel II
5 1 (0.58%) Basel III
5 1 (0.58%) EMIR
5 1 (0.58%) ISO 9001
5 1 (0.58%) SLA
Systems Management
1 2 (1.16%) Tivoli
2 1 (0.58%) MOM
2 1 (0.58%) Puppet
Vendors
1 30 (17.44%) Microsoft
2 25 (14.53%) Tableau
3 11 (6.40%) Google
4 10 (5.81%) SAP
5 9 (5.23%) IBM
6 8 (4.65%) HP
7 6 (3.49%) Oracle
8 4 (2.33%) Talend
9 2 (1.16%) Cognos
9 2 (1.16%) Informatica
9 2 (1.16%) Teradata
9 2 (1.16%) TIBCO
10 1 (0.58%) Adobe
10 1 (0.58%) Murex
10 1 (0.58%) Palantir
10 1 (0.58%) Salesforce.com
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