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 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Economics
Rank 498 488 513
Rank change year-on-year
-10 +25
Contract jobs citing Economics 108 91 78
As % of all contract IT jobs located in the UK 0.19% 0.17% 0.13%
As % of the Miscellaneous category 0.75% 0.66% 0.54%
Number of daily rates quoted 70 31 55
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£415 £450 £425
Average daily rate % change year-on-year
-7.77% +5.88%
90% offered a daily rate of more than £290 £375 £325
10% offered a daily rate of more than £550 £600 £550
UK excluding London average daily rate £375 £420 £400
% change year-on-year
-10.71% +5.00%
Number of hourly rates quoted 7 0 1
Average hourly rate £30.00 - £51.50
UK excluding London average hourly rate £17.50 - £51.50

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
14398 13715 14468
As % of all contract IT jobs located in the UK 25.46% 26.03% 25.00%
Number of daily rates quoted 8622 8426 8404
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 633 603 794
Average hourly rate £18.88 £19.50 £26.00
Average hourly rate % change year-on-year
-3.20% -25.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £44.50 £42.50 £45.00
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

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 29 August 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 29 August 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 29 August 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 -7 96 £420 -6.66% 44
London +7 43 £500 - 25
South East -29 11 £390 -2.50% 2
East of England -16 10 £270 - 3
Scotland -7 9 £348 - 1
South West -27 9 £380 -15.55% 3
North West -6 8 £500 -13.04% 3
City of London +1 7 £469 -6.25% 12
West Midlands -9 6 £425 - 1
Gloucestershire - 5 £371 - 3
Hertfordshire - 5 £270 - 2
Manchester -9 4 £500 -13.04% 2
East Midlands - 4 £488 -
Bedfordshire - 3 £600 -
Bristol - 3 £438 -
Gloucester - 2 - -
Docklands, London - 2 £538 -
Cambridgeshire - 1 £310 - 1
Lancashire - 1 £345 -
Yorkshire - 1 £290 - 6
Norwich - 1 £238 -
Nottingham - 1 £325 -
Oxford - 1 £500 -
Coventry - 1 - -
Norfolk - 1 £238 -
Nottinghamshire - 1 £325 -
Oxfordshire - 1 £500 -
South Yorkshire - - - - 2
Surrey - - - - 1
West Sussex - - - -

Economics
Top 30 Related IT Skills

For the 6 months to 29 August 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 96 (43.24%) Project Management
2 92 (41.44%) Finance
3 75 (33.78%) Degree
4 61 (27.48%) Security Cleared
5 53 (23.87%) Change Management
6 49 (22.07%) Mathematics
7 44 (19.82%) Banking
7 44 (19.82%) SQL
7 44 (19.82%) SC Cleared
8 40 (18.02%) Management Information System
9 36 (16.22%) PRINCE2
10 34 (15.32%) Statistics
11 30 (13.51%) Computer Science
12 27 (12.16%) Project Planning
12 27 (12.16%) Information Security
12 27 (12.16%) Windows
13 23 (10.36%) Stakeholder Management
14 22 (9.91%) SQL Server
15 21 (9.46%) Microsoft
16 20 (9.01%) UNIX
17 19 (8.56%) Programme Management
17 19 (8.56%) Analytics
18 18 (8.11%) Investment Banking
19 17 (7.66%) SAS
20 16 (7.21%) ITIL
20 16 (7.21%) Marketing
21 15 (6.76%) Risk Management
21 15 (6.76%) MS Excel
22 14 (6.31%) Oracle
22 14 (6.31%) Data Analysis

Economics
Top Related IT Skills by Category

For the 6 months to 29 August 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 17 (7.66%) SAS
2 8 (3.60%) CMS
3 7 (3.15%) Joomla!
4 4 (1.80%) IIS
5 1 (0.45%) Documentum
5 1 (0.45%) Apache Pig
Applications
1 15 (6.76%) MS Excel
2 13 (5.86%) MS Office
3 8 (3.60%) MS PowerPoint
4 6 (2.70%) SPSS
5 5 (2.25%) Stata
6 4 (1.80%) MS Project
7 2 (0.90%) Spreadsheet
8 1 (0.45%) MS Visio
8 1 (0.45%) LaTeX
Business Applications
1 2 (0.90%) CA Clarity
2 1 (0.45%) SiteCatalyst
2 1 (0.45%) SAP GRC
2 1 (0.45%) Google Analytics
Cloud Services
1 2 (0.90%) Amazon EC2
2 1 (0.45%) Google Apps
Communications & Networking
1 8 (3.60%) Intranet
2 4 (1.80%) Network Security
2 4 (1.80%) NAS
2 4 (1.80%) SAN
2 4 (1.80%) VLAN
2 4 (1.80%) Firewall
3 2 (0.90%) Internet
4 1 (0.45%) DWDM
4 1 (0.45%) MPLS
4 1 (0.45%) IPv6
4 1 (0.45%) ATM
4 1 (0.45%) Ethernet
4 1 (0.45%) Multicast
Database & Business Intelligence
1 22 (9.91%) SQL Server
2 11 (4.95%) Data Mining
2 11 (4.95%) Big Data
3 7 (3.15%) Oracle Database
4 6 (2.70%) SQL Server 2008
4 6 (2.70%) Hadoop
5 4 (1.80%) SAS Enterprise Miner
5 4 (1.80%) Oracle ODI
6 3 (1.35%) Microsoft Analysis Services
6 3 (1.35%) Data Warehouse
6 3 (1.35%) RDBMS
6 3 (1.35%) Relational Database
6 3 (1.35%) SQL Server Analysis Services
7 2 (0.90%) BusinessObjects XI
7 2 (0.90%) BusinessObjects Web Intelligence
7 2 (0.90%) Apache Hive
7 2 (0.90%) DB2
7 2 (0.90%) SQL Server Reporting Services
8 1 (0.45%) SAP BW
8 1 (0.45%) SAP BI
Development Applications
1 1 (0.45%) ClearQuest
1 1 (0.45%) ClearCase
1 1 (0.45%) Rational Rose
1 1 (0.45%) SoapUI
1 1 (0.45%) Talend Open Studio
General
1 92 (41.44%) Finance
2 44 (19.82%) Banking
3 18 (8.11%) Investment Banking
4 16 (7.21%) Marketing
5 11 (4.95%) Financial Institution
6 8 (3.60%) Retail
7 7 (3.15%) Front Office
8 3 (1.35%) Automotive
8 3 (1.35%) Games
8 3 (1.35%) Publishing
8 3 (1.35%) Pharmaceutical
8 3 (1.35%) French Language
9 2 (0.90%) Dutch Language
9 2 (0.90%) Military
9 2 (0.90%) Legal
10 1 (0.45%) Manufacturing
10 1 (0.45%) Advertising
10 1 (0.45%) Telecoms
10 1 (0.45%) Music Industry
10 1 (0.45%) Corporate Banking
Job Titles
1 87 (39.19%) Project Manager
2 57 (25.68%) Analyst
3 17 (7.66%) Data Analyst
4 14 (6.31%) IT Project Manager
5 13 (5.86%) Business Analyst
6 10 (4.50%) Developer
7 8 (3.60%) Test Leader
8 7 (3.15%) Senior Analyst
8 7 (3.15%) Delivery Manager
8 7 (3.15%) Data Manager
9 6 (2.70%) Programme Manager
9 6 (2.70%) Risk Analyst
10 5 (2.25%) Quantitative Analyst
10 5 (2.25%) Information Analyst
10 5 (2.25%) Consultant
10 5 (2.25%) Data Scientist
11 4 (1.80%) Information Specialist
11 4 (1.80%) Insight Analyst
11 4 (1.80%) Project Delivery Manager
11 4 (1.80%) Network Consultant
Libraries, Frameworks & Software Standards
1 5 (2.25%) .NET
2 4 (1.80%) XML
3 3 (1.35%) WPF
4 2 (0.90%) Web Services
5 1 (0.45%) SAML
5 1 (0.45%) J2EE
5 1 (0.45%) HTML
5 1 (0.45%) COM
5 1 (0.45%) EJB
5 1 (0.45%) JDBC
5 1 (0.45%) JSP
5 1 (0.45%) Servlets
5 1 (0.45%) SOAP
5 1 (0.45%) Struts
5 1 (0.45%) XSD
5 1 (0.45%) WCF
Miscellaneous
1 49 (22.07%) Mathematics
2 40 (18.02%) Management Information System
3 34 (15.32%) Statistics
4 30 (13.51%) Computer Science
5 11 (4.95%) PMI
6 10 (4.50%) Market Risk
6 10 (4.50%) Mainframe
7 9 (4.05%) Derivative
8 7 (3.15%) Fixed Income
8 7 (3.15%) E-Learning
9 5 (2.25%) Applied Mathematics
9 5 (2.25%) Credit Risk
10 4 (1.80%) Psychology
10 4 (1.80%) Visualisation
10 4 (1.80%) NHS
11 3 (1.35%) Foreign Exchange (FX)
11 3 (1.35%) FMCG
12 2 (0.90%) Learning Management System
12 2 (0.90%) Data Extraction
12 2 (0.90%) Physics
Operating Systems
1 27 (12.16%) Windows
2 20 (9.01%) UNIX
3 8 (3.60%) Windows Server 2003
4 7 (3.15%) Windows Server 2008
5 5 (2.25%) Linux
6 4 (1.80%) Windows XP
7 1 (0.45%) Windows 7
Processes & Methodologies
1 96 (43.24%) Project Management
2 53 (23.87%) Change Management
3 36 (16.22%) PRINCE2
4 27 (12.16%) Project Planning
4 27 (12.16%) Information Security
5 23 (10.36%) Stakeholder Management
6 19 (8.56%) Programme Management
6 19 (8.56%) Analytics
7 16 (7.21%) ITIL
8 15 (6.76%) Risk Management
9 14 (6.31%) Data Analysis
10 13 (5.86%) Agile Software Development
10 13 (5.86%) Business Intelligence
11 12 (5.41%) Security Management
12 10 (4.50%) Quality Management
12 10 (4.50%) Information Security Management
12 10 (4.50%) Risk Assessment
12 10 (4.50%) Migration
13 9 (4.05%) Service Delivery
13 9 (4.05%) Predictive Modelling
Programming Languages
1 44 (19.82%) SQL
2 10 (4.50%) R
2 10 (4.50%) VBA
3 9 (4.05%) C#
3 9 (4.05%) Python
4 7 (3.15%) C++
5 5 (2.25%) MATLAB
5 5 (2.25%) Java
6 2 (0.90%) C
6 2 (0.90%) T-SQL
6 2 (0.90%) Shell Script
7 1 (0.45%) Ruby
7 1 (0.45%) JavaScript
Qualifications
1 75 (33.78%) Degree
2 61 (27.48%) Security Cleared
3 44 (19.82%) SC Cleared
4 11 (4.95%) CISA
4 11 (4.95%) CISSP
4 11 (4.95%) PMI Certification
4 11 (4.95%) PhD
4 11 (4.95%) DV Cleared
5 10 (4.50%) PMP
5 10 (4.50%) CISM
6 6 (2.70%) MBA
7 3 (1.35%) CFA
7 3 (1.35%) PRINCE2 Practitioner
8 2 (0.90%) Postgraduate
8 2 (0.90%) ITIL Certification
9 1 (0.45%) GIAC
9 1 (0.45%) JNCIA
9 1 (0.45%) JNCIS
9 1 (0.45%) PRINCE2 Certification
9 1 (0.45%) CIMA
Quality Assurance & Compliance
1 9 (4.05%) QA
2 7 (3.15%) Sarbanes-Oxley
3 4 (1.80%) SLA
3 4 (1.80%) ISO/IEC 27001
4 2 (0.90%) BS25999
4 2 (0.90%) Dodd-Frank
5 1 (0.45%) P3O
5 1 (0.45%) CDISC
System Software
1 4 (1.80%) vSphere
1 4 (1.80%) Active Directory
2 1 (0.45%) Platform Symphony
Systems Management
1 4 (1.80%) Netcool
1 4 (1.80%) OpenView Configuration Management
2 1 (0.45%) OPNET
2 1 (0.45%) Tivoli
2 1 (0.45%) Tivoli Identity Manager
2 1 (0.45%) Oracle Identity Manager
Vendors
1 21 (9.46%) Microsoft
2 14 (6.31%) Oracle
3 13 (5.86%) HP
4 9 (4.05%) Cisco
5 7 (3.15%) SAP
6 4 (1.80%) SonicWALL
6 4 (1.80%) NETGEAR
6 4 (1.80%) Cyber-Ark
6 4 (1.80%) Sybase
6 4 (1.80%) Business Objects
6 4 (1.80%) Dell
6 4 (1.80%) EMC
6 4 (1.80%) CheckPoint
6 4 (1.80%) Informatica
6 4 (1.80%) VMware
6 4 (1.80%) Teradata
7 3 (1.35%) Cognos
7 3 (1.35%) Tableau
8 2 (0.90%) CA
8 2 (0.90%) Google
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