The table below looks at the prevalence of the term Economics in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Economics over the 3 months to 2 October 2014 with a comparison to the same period in 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.

Location
3 months to
2 Oct 2014
Same period 2013 Same period 2012
Economics
Rank 527 478 486
Rank change year-on-year
-49 +8
Contract jobs citing Economics 96 96 99
As % of all contract IT jobs located in the UK 0.17% 0.18% 0.18%
As % of the Miscellaneous category 0.54% 0.59% 0.58%
Number of daily rates quoted 70 32 63
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£379 £500 £425
Average daily rate % change year-on-year
-24.17% +17.64%
90% offered a daily rate of more than £285 £375 £309
10% offered a daily rate of more than £550 £650 £550
UK excluding London average daily rate £348 £395 £400
% change year-on-year
-11.89% -1.25%
Number of hourly rates quoted 5 0 4
Average hourly rate £30.00 - £32.50
UK excluding London average hourly rate £17.50 - £32.50

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
17795 16274 17176
As % of all contract IT jobs located in the UK 30.66% 31.30% 30.40%
Number of daily rates quoted 10961 10094 9993
Average daily rate £410 £413 £413
Average daily rate % change year-on-year
-0.60% -
90% offered a daily rate of more than £238 £240 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 730 633 875
Average hourly rate £18.00 £17.69 £24.97
Average hourly rate % change year-on-year
+1.75% -29.15%
90% offered a hourly rate of more than £11.50 £12.42 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.00 £17.50 £26.00
% change year-on-year
+2.85% -32.69%

Economics
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Economics within the UK as a proportion of the total demand within 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 2 October 2014.

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
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Economics within the UK over the 3 months to 2 October 2014.

Economics Hourly Rate Histogram in the UK

Economics
Top 30 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Economics within the UK over the 3 months to 2 October 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -28 88 £380 -24.75% 46
London -3 44 £488 -9.30% 28
East of England -14 11 £270 - 2
South East -18 10 £348 -10.76% 10
Scotland -2 8 £348 -7.20%
North West -4 8 £500 -13.04%
Hertfordshire - 8 £278 -
East Midlands - 5 £425 -
City of London -8 4 £425 -20.93% 10
Manchester -8 4 £500 -13.04%
South West - 4 £380 - 3
West Midlands -21 2 - - 1
North East - 2 £348 -
Gloucestershire - 2 £379 - 1
Berkshire +5 1 - - 2
Warwickshire -11 1 - -
Yorkshire - 1 £290 - 2
Cambridgeshire - 1 £310 - 2
Lancashire - 1 £345 -
Norfolk - 1 £238 -
Nottinghamshire - 1 £325 -
Oxfordshire - 1 £500 - 1
Coventry - 1 - - 1
Bedfordshire - 1 £253 -
Bristol - 1 - -
Gloucester - 1 - -
Norwich - 1 £238 -
Nottingham - 1 £325 -
Oxford - 1 £500 - 1
Preston - - - -

Economics
Top 30 Related IT Skills

For the 6 months to 2 October 2014, IT contractor jobs within the UK citing Economics also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics.

1 95 (47.03%) Project Management
2 80 (39.60%) Finance
3 70 (34.65%) Degree
4 57 (28.22%) Analytical Skills
5 54 (26.73%) Security Cleared
6 49 (24.26%) Change Management
6 49 (24.26%) Mathematics
7 45 (22.28%) Banking
8 44 (21.78%) SQL
9 39 (19.31%) SC Cleared
10 33 (16.34%) Management Information System
11 32 (15.84%) Computer Science
12 31 (15.35%) PRINCE2
13 29 (14.36%) Statistics
13 29 (14.36%) Project Planning
14 26 (12.87%) Windows
15 24 (11.88%) Stakeholder Management
16 22 (10.89%) Information Security
17 21 (10.40%) Investment Banking
18 19 (9.41%) UNIX
19 18 (8.91%) SQL Server
19 18 (8.91%) SAS
20 17 (8.42%) Oracle
20 17 (8.42%) Analytics
21 16 (7.92%) Programme Management
21 16 (7.92%) Marketing
22 15 (7.43%) Agile Software Development
22 15 (7.43%) Business Intelligence
23 14 (6.93%) ITIL
23 14 (6.93%) MS Office

Economics
Top Related IT Skills by Category

For the 6 months to 2 October 2014, IT contractor jobs within the UK citing Economics also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Economics. Up to 20 skills are shown per category.

Application Platforms
1 18 (8.91%) SAS
2 4 (1.98%) IIS
3 3 (1.49%) Joomla!
3 3 (1.49%) CMS
4 1 (0.50%) Documentum
Applications
1 14 (6.93%) MS Office
2 11 (5.45%) MS Excel
3 9 (4.46%) MS PowerPoint
4 5 (2.48%) SPSS
5 4 (1.98%) MS Project
6 2 (0.99%) Spreadsheet
6 2 (0.99%) Stata
7 1 (0.50%) MS Visio
7 1 (0.50%) LaTeX
Business Applications
1 2 (0.99%) CA Clarity
2 1 (0.50%) SAP HR
2 1 (0.50%) Google Analytics
2 1 (0.50%) SAP GRC
2 1 (0.50%) SiteCatalyst
Cloud Services
1 2 (0.99%) Amazon EC2
2 1 (0.50%) Google Apps
Communications & Networking
1 4 (1.98%) NAS
1 4 (1.98%) Network Security
1 4 (1.98%) SAN
1 4 (1.98%) Intranet
1 4 (1.98%) Firewall
1 4 (1.98%) VLAN
2 2 (0.99%) IPv6
2 2 (0.99%) Internet
3 1 (0.50%) 3G
3 1 (0.50%) DWDM
3 1 (0.50%) MPLS
3 1 (0.50%) ATM
3 1 (0.50%) WAN
3 1 (0.50%) Ethernet
3 1 (0.50%) LTE
3 1 (0.50%) 4G
3 1 (0.50%) Multicast
3 1 (0.50%) Software-Defined Networking
Database & Business Intelligence
1 18 (8.91%) SQL Server
2 11 (5.45%) Oracle Database
2 11 (5.45%) Big Data
3 8 (3.96%) Hadoop
3 8 (3.96%) Data Mining
4 7 (3.47%) SAS Enterprise Miner
4 7 (3.47%) Oracle ODI
5 5 (2.48%) Relational Database
6 4 (1.98%) SQL Server 2008
6 4 (1.98%) Data Warehouse
6 4 (1.98%) RDBMS
7 2 (0.99%) QlikView
7 2 (0.99%) BusinessObjects XI
7 2 (0.99%) BusinessObjects Web Intelligence
7 2 (0.99%) DB2
8 1 (0.50%) Microsoft Analysis Services
8 1 (0.50%) SAP BI
8 1 (0.50%) SAP BW
8 1 (0.50%) BusinessObjects
8 1 (0.50%) MS Access
Development Applications
1 1 (0.50%) ClearQuest
1 1 (0.50%) Rational Rose
1 1 (0.50%) ClearCase
1 1 (0.50%) SoapUI
General
1 80 (39.60%) Finance
2 45 (22.28%) Banking
3 21 (10.40%) Investment Banking
4 16 (7.92%) Marketing
5 9 (4.46%) Front Office
6 7 (3.47%) Financial Institution
7 5 (2.48%) Retail
8 4 (1.98%) Legal
9 3 (1.49%) Games
9 3 (1.49%) Military
9 3 (1.49%) Pharmaceutical
10 2 (0.99%) Automotive
10 2 (0.99%) Telecoms
11 1 (0.50%) Music Industry
11 1 (0.50%) Law
11 1 (0.50%) Manufacturing
11 1 (0.50%) Advertising
11 1 (0.50%) Publishing
11 1 (0.50%) Dutch Language
11 1 (0.50%) French Language
Job Titles
1 83 (41.09%) Project Manager
2 53 (26.24%) Analyst
3 19 (9.41%) Data Analyst
4 14 (6.93%) IT Project Manager
5 13 (6.44%) Business Analyst
6 10 (4.95%) Developer
7 8 (3.96%) Data Scientist
8 7 (3.47%) Data Manager
8 7 (3.47%) Delivery Manager
9 6 (2.97%) Insight Analyst
9 6 (2.97%) Programme Manager
9 6 (2.97%) Consultant
9 6 (2.97%) Risk Analyst
10 5 (2.48%) Investment Banking Business Analyst
10 5 (2.48%) Senior Analyst
10 5 (2.48%) C# Developer
10 5 (2.48%) Project Planner
11 4 (1.98%) Project Delivery Manager
11 4 (1.98%) Network Consultant
11 4 (1.98%) Security Consultant
Libraries, Frameworks & Software Standards
1 4 (1.98%) WPF
1 4 (1.98%) XML
1 4 (1.98%) .NET
2 1 (0.50%) WCF
2 1 (0.50%) SAML
2 1 (0.50%) XSD
2 1 (0.50%) J2EE
2 1 (0.50%) HTML
2 1 (0.50%) COM
2 1 (0.50%) EJB
2 1 (0.50%) JDBC
2 1 (0.50%) JSP
2 1 (0.50%) Servlets
2 1 (0.50%) SOAP
2 1 (0.50%) Struts
Miscellaneous
1 57 (28.22%) Analytical Skills
2 49 (24.26%) Mathematics
3 33 (16.34%) Management Information System
4 32 (15.84%) Computer Science
5 29 (14.36%) Statistics
6 10 (4.95%) Derivative
7 9 (4.46%) Mainframe
7 9 (4.46%) PMI
7 9 (4.46%) Algorithms
8 8 (3.96%) Market Risk
8 8 (3.96%) Fixed Income
8 8 (3.96%) Applied Mathematics
9 6 (2.97%) Credit Risk
10 4 (1.98%) Psychology
11 3 (1.49%) E-Learning
11 3 (1.49%) Foreign Exchange (FX)
11 3 (1.49%) Visualisation
12 2 (0.99%) NHS
13 1 (0.50%) Informatics
13 1 (0.50%) Physics
Operating Systems
1 26 (12.87%) Windows
2 19 (9.41%) UNIX
3 8 (3.96%) Windows Server 2003
4 7 (3.47%) Windows Server 2008
5 4 (1.98%) Windows XP
6 3 (1.49%) Linux
7 1 (0.50%) Windows 7
Processes & Methodologies
1 95 (47.03%) Project Management
2 49 (24.26%) Change Management
3 31 (15.35%) PRINCE2
4 29 (14.36%) Project Planning
5 24 (11.88%) Stakeholder Management
6 22 (10.89%) Information Security
7 17 (8.42%) Analytics
8 16 (7.92%) Programme Management
9 15 (7.43%) Agile Software Development
9 15 (7.43%) Business Intelligence
10 14 (6.93%) ITIL
10 14 (6.93%) Data Analysis
11 12 (5.94%) Risk Management
12 10 (4.95%) Predictive Modelling
13 9 (4.46%) Risk Assessment
14 8 (3.96%) Security Management
14 8 (3.96%) Operations Research
15 7 (3.47%) Business Analysis
15 7 (3.47%) Statistical Analysis
15 7 (3.47%) Migration
Programming Languages
1 44 (21.78%) SQL
2 11 (5.45%) Python
3 8 (3.96%) VBA
3 8 (3.96%) C#
4 6 (2.97%) R
5 5 (2.48%) C++
5 5 (2.48%) Java
6 2 (0.99%) C
6 2 (0.99%) Shell Script
7 1 (0.50%) MATLAB
7 1 (0.50%) VB
7 1 (0.50%) JavaScript
Qualifications
1 70 (34.65%) Degree
2 54 (26.73%) Security Cleared
3 39 (19.31%) SC Cleared
4 11 (5.45%) PhD
5 10 (4.95%) DV Cleared
6 9 (4.46%) PMI Certification
7 8 (3.96%) PMP
8 7 (3.47%) CISA
8 7 (3.47%) CISSP
9 6 (2.97%) CISM
10 4 (1.98%) MBA
11 2 (0.99%) PRINCE2 Practitioner
11 2 (0.99%) Postgraduate
12 1 (0.50%) JNCIA
12 1 (0.50%) JNCIS
12 1 (0.50%) CFA
12 1 (0.50%) GIAC
12 1 (0.50%) CIMA
12 1 (0.50%) ACCA
12 1 (0.50%) PRINCE2 Certification
Quality Assurance & Compliance
1 9 (4.46%) QA
2 4 (1.98%) SLA
2 4 (1.98%) ISO/IEC 27001
3 3 (1.49%) Sarbanes-Oxley
3 3 (1.49%) Dodd-Frank
4 1 (0.50%) BS25999
4 1 (0.50%) CDISC
4 1 (0.50%) P3O
System Software
1 4 (1.98%) vSphere
1 4 (1.98%) Active Directory
2 1 (0.50%) Platform Symphony
Systems Management
1 4 (1.98%) Netcool
1 4 (1.98%) OpenView Configuration Management
2 1 (0.50%) OPNET
2 1 (0.50%) Tivoli
2 1 (0.50%) Tivoli Identity Manager
2 1 (0.50%) Oracle Identity Manager
Vendors
1 17 (8.42%) Oracle
2 13 (6.44%) Microsoft
3 12 (5.94%) HP
4 9 (4.46%) Cisco
5 8 (3.96%) SAP
6 7 (3.47%) Teradata
6 7 (3.47%) Informatica
7 5 (2.48%) Business Objects
7 5 (2.48%) Tableau
8 4 (1.98%) Cyber-Ark
8 4 (1.98%) NETGEAR
8 4 (1.98%) SonicWALL
8 4 (1.98%) Dell
8 4 (1.98%) EMC
8 4 (1.98%) CheckPoint
8 4 (1.98%) VMware
9 3 (1.49%) Cognos
9 3 (1.49%) Sybase
10 2 (0.99%) CA
10 2 (0.99%) Planview
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