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 22 May 2015 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
22 May 2015
Same period 2014 Same period 2013
Economics
Rank 517 463 458
Rank change year-on-year
-54 -5
Contract jobs citing Economics 90 120 91
As % of all contract IT jobs located in the UK 0.17% 0.23% 0.19%
As % of the Miscellaneous category 0.55% 0.74% 0.61%
Number of daily rates quoted 47 85 44
Average daily rate
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£350 £425 £450
Average daily rate % change year-on-year
-17.64% -5.55%
90% offered a daily rate of more than £259 £320 £330
10% offered a daily rate of more than £477 £510 £593
UK excluding London average daily rate £345 £330 £450
% change year-on-year
+4.54% -26.66%
Number of hourly rates quoted 1 8 2
Average hourly rate £14.65 £25.00 £35.00
Average hourly rate % change year-on-year
-41.42% -28.57%
UK excluding London average hourly rate - £25.00 £52.50
% change year-on-year
- -52.38%

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
16501 16144 14914
As % of all contract IT jobs located in the UK 30.46% 30.67% 31.64%
Number of daily rates quoted 10228 10089 8893
Average daily rate £415 £410 £425
Average daily rate % change year-on-year
+1.21% -3.52%
90% offered a daily rate of more than £250 £230 £243
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 660 645 613
Average hourly rate £18.70 £21.00 £22.50
Average hourly rate % change year-on-year
-10.95% -6.66%
90% offered a hourly rate of more than £11.50 £11.92 £12.50
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.00 £22.50 £21.83
% change year-on-year
-15.55% +3.06%

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 22 May 2015.

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 average contractor rates quoted in IT jobs citing Economics within the UK over the 3 months to 22 May 2015. 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 -56 80 £363 -14.70% 33
South East +13 40 £345 +5.42% 5
London -43 29 £420 -6.66% 16
Hampshire +8 20 £347 +6.18% 1
Berkshire +4 11 £608 - 1
Hook -1 10 £389 +18.85% 1
City of London -13 8 £396 -11.94% 5
Buckinghamshire - 8 £270 -
Scotland -4 7 £268 -18.93% 1
Milton Keynes - 7 £270 -
Erskine +1 5 £265 -19.69%
Renfrewshire 0 5 £265 -19.69%
Derby +2 4 £451 -17.91%
Derbyshire +1 4 £451 -17.91% 1
East Midlands -7 4 £451 -17.91% 4
Docklands, London -2 3 £323 -35.50%
Reading - 3 - -
Bracknell - 3 £608 -
Wales +6 2 £425 -
South Wales +3 2 £425 -
Newcastle upon Tyne -10 2 £451 +14.29%
North East -13 2 £451 +14.29%
Tyne and Wear -13 2 £451 +14.29%
Paddington - 2 £325 -
Cardiff - 2 £425 -
East of England +8 1 £240 -15.04% 4
South West -1 1 £350 +8.52%
Glasgow -6 1 - - 1
North West -27 1 - - 1
Lancashire - 1 - -

Economics
Top 30 Related IT Skills

For the 6 months to 22 May 2015, 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.

1 105 (60.00%) Project Management
2 74 (42.29%) Analytical Skills
3 65 (37.14%) Security Cleared
4 61 (34.86%) Change Management
5 56 (32.00%) Project Planning
6 52 (29.71%) Finance
7 51 (29.14%) Degree
7 51 (29.14%) SC Cleared
8 31 (17.71%) PMI Certification
8 31 (17.71%) Microsoft
9 29 (16.57%) MS Excel
10 28 (16.00%) Programme Management
11 27 (15.43%) MS Office
12 25 (14.29%) PMP
13 23 (13.14%) Management Information System
13 23 (13.14%) ITIL
14 20 (11.43%) PRINCE2
15 19 (10.86%) Change Control
16 17 (9.71%) Mathematics
16 17 (9.71%) Computer Science
17 16 (9.14%) SQL
17 16 (9.14%) HP
17 16 (9.14%) Service Management
17 16 (9.14%) Analytics
18 15 (8.57%) Banking
19 14 (8.00%) MS PowerPoint
19 14 (8.00%) Security Management
19 14 (8.00%) PMI
20 13 (7.43%) Internet
20 13 (7.43%) Python

Economics
Top Related IT Skills by Category

For the 6 months to 22 May 2015, 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 10 (5.71%) SharePoint
2 6 (3.43%) SAS
3 1 (0.57%) Apache Pig
3 1 (0.57%) Apache Spark
3 1 (0.57%) Liferay
Applications
1 29 (16.57%) MS Excel
2 27 (15.43%) MS Office
3 14 (8.00%) MS PowerPoint
4 13 (7.43%) MS Visio
5 5 (2.86%) MS Project
6 3 (1.71%) SPSS
7 1 (0.57%) Spreadsheet
7 1 (0.57%) Weka
7 1 (0.57%) Stata
Business Applications
1 2 (1.14%) Primavera
1 2 (1.14%) SAP FS
Cloud Services
1 1 (0.57%) Amazon EMR
1 1 (0.57%) Amazon EC2
1 1 (0.57%) Amazon AWS
1 1 (0.57%) Google Analytics
Communications & Networking
1 13 (7.43%) Internet
2 5 (2.86%) LAN
2 5 (2.86%) 3G
3 4 (2.29%) 3GPP
3 4 (2.29%) Broadband
3 4 (2.29%) LTE
4 2 (1.14%) DWDM
4 2 (1.14%) Wi-Fi
4 2 (1.14%) Wireless
4 2 (1.14%) Ethernet
4 2 (1.14%) ATM
4 2 (1.14%) SDH
4 2 (1.14%) VoLTE
5 1 (0.57%) 4G
5 1 (0.57%) Radio Access Network
5 1 (0.57%) NGN
5 1 (0.57%) Intrusion Detection
5 1 (0.57%) Firewall
5 1 (0.57%) Intranet
Database & Business Intelligence
1 6 (3.43%) SQL Server
2 5 (2.86%) Hadoop
2 5 (2.86%) Data Mining
3 3 (1.71%) Relational Database
3 3 (1.71%) Big Data
4 2 (1.14%) DB2
4 2 (1.14%) Data Warehouse
4 2 (1.14%) QlikView
4 2 (1.14%) MongoDB
5 1 (0.57%) Impala
5 1 (0.57%) Amazon Redshift
5 1 (0.57%) Mahout
5 1 (0.57%) Apache Hive
5 1 (0.57%) SQL Server Integration Services
5 1 (0.57%) SQL Server Analysis Services
5 1 (0.57%) SQL Server Reporting Services
5 1 (0.57%) Star Schema
5 1 (0.57%) MS Access
Development Applications
1 4 (2.29%) Rational Rose
2 2 (1.14%) NUnit
2 2 (1.14%) Team Foundation Server
3 1 (0.57%) NCover
3 1 (0.57%) SpecFlow
3 1 (0.57%) Visual Studio
3 1 (0.57%) ProC
General
1 52 (29.71%) Finance
2 15 (8.57%) Banking
3 12 (6.86%) Marketing
3 12 (6.86%) Investment Banking
4 11 (6.29%) Telecoms
5 8 (4.57%) Front Office
6 5 (2.86%) Military
6 5 (2.86%) Retail
7 4 (2.29%) Private Banking
8 2 (1.14%) French Language
8 2 (1.14%) German Language
9 1 (0.57%) Wholesale Banking
9 1 (0.57%) Corporate Banking
9 1 (0.57%) Local Government
9 1 (0.57%) Italian Language
9 1 (0.57%) Japanese Language
9 1 (0.57%) Spanish Language
9 1 (0.57%) Games
9 1 (0.57%) Advertising
9 1 (0.57%) Financial Institution
Job Titles
1 75 (42.86%) Project Manager
2 38 (21.71%) Analyst
3 13 (7.43%) Business Analyst
4 8 (4.57%) Developer
5 7 (4.00%) Programme Manager
6 6 (3.43%) Consultant
6 6 (3.43%) Data Analyst
6 6 (3.43%) Project Analyst
7 5 (2.86%) Service Manager
8 4 (2.29%) Architect
8 4 (2.29%) Business Manager
8 4 (2.29%) Senior Analyst
8 4 (2.29%) Applications Manager
8 4 (2.29%) Data Scientist
9 3 (1.71%) Architecture Manager
9 3 (1.71%) RAD Developer
9 3 (1.71%) Security Manager
9 3 (1.71%) Applications Project Manager
9 3 (1.71%) SAP Manager
9 3 (1.71%) Strategy Manager
Libraries, Frameworks & Software Standards
1 4 (2.29%) Middleware
2 3 (1.71%) .NET
3 2 (1.14%) HTML
3 2 (1.14%) Web Services
3 2 (1.14%) WPF
3 2 (1.14%) Silverlight
3 2 (1.14%) D3.js
4 1 (0.57%) Pandas
4 1 (0.57%) AngularJS
4 1 (0.57%) Reactive Extensions
4 1 (0.57%) Entity Framework
4 1 (0.57%) SciPy
4 1 (0.57%) HTML5
4 1 (0.57%) .NET Framework
4 1 (0.57%) NHibernate
4 1 (0.57%) WCF
4 1 (0.57%) ASP.NET
Miscellaneous
1 74 (42.29%) Analytical Skills
2 23 (13.14%) Management Information System
3 17 (9.71%) Mathematics
3 17 (9.71%) Computer Science
4 14 (8.00%) PMI
5 12 (6.86%) Statistics
6 8 (4.57%) Life Science
6 8 (4.57%) Visualisation
7 3 (1.71%) Derivative
8 2 (1.14%) NHS
8 2 (1.14%) Applied Mathematics
8 2 (1.14%) Equity Derivative
8 2 (1.14%) FMCG
8 2 (1.14%) Market Risk
8 2 (1.14%) User Experience
9 1 (0.57%) Xbox
9 1 (0.57%) Distributed Denial-of-Service
9 1 (0.57%) Algorithms
9 1 (0.57%) Data Extraction
9 1 (0.57%) Taxonomies
Operating Systems
1 7 (4.00%) Windows
2 5 (2.86%) Linux
2 5 (2.86%) UNIX
3 1 (0.57%) Windows Server 2008
3 1 (0.57%) VME
3 1 (0.57%) Windows Server 2003
Processes & Methodologies
1 105 (60.00%) Project Management
2 61 (34.86%) Change Management
3 56 (32.00%) Project Planning
4 28 (16.00%) Programme Management
5 23 (13.14%) ITIL
6 20 (11.43%) PRINCE2
7 19 (10.86%) Change Control
8 16 (9.14%) Service Management
8 16 (9.14%) Analytics
9 14 (8.00%) Security Management
10 12 (6.86%) Business Analysis
11 11 (6.29%) Business Intelligence
12 10 (5.71%) PRINCE
12 10 (5.71%) Risk Management
12 10 (5.71%) Critical Success Factor
13 9 (5.14%) Service Delivery
13 9 (5.14%) ITSM
14 8 (4.57%) RAD
14 8 (4.57%) Data Analysis
15 7 (4.00%) Use Case
Programming Languages
1 16 (9.14%) SQL
2 13 (7.43%) Python
3 8 (4.57%) Java
3 8 (4.57%) VBA
4 6 (3.43%) R
5 5 (2.86%) Go
6 3 (1.71%) C#
7 2 (1.14%) ABAP
8 1 (0.57%) Scala
8 1 (0.57%) Bash Shell
8 1 (0.57%) Fortran
8 1 (0.57%) C
8 1 (0.57%) COBOL
8 1 (0.57%) JavaScript
8 1 (0.57%) Perl
8 1 (0.57%) VB
8 1 (0.57%) VB.NET
8 1 (0.57%) XAML
8 1 (0.57%) MATLAB
8 1 (0.57%) Pascal
Qualifications
1 65 (37.14%) Security Cleared
2 51 (29.14%) Degree
2 51 (29.14%) SC Cleared
3 31 (17.71%) PMI Certification
4 25 (14.29%) PMP
5 6 (3.43%) PhD
6 4 (2.29%) CISA
6 4 (2.29%) CISSP
7 3 (1.71%) CAPM
7 3 (1.71%) GIAC
8 2 (1.14%) ACCA
8 2 (1.14%) CIMA
8 2 (1.14%) HNC
8 2 (1.14%) HND
8 2 (1.14%) ITIL Certification
8 2 (1.14%) DV Cleared
9 1 (0.57%) ISTQB Advanced Certification
9 1 (0.57%) BC Cleared
9 1 (0.57%) ISTQB
9 1 (0.57%) MBA
Quality Assurance & Compliance
1 6 (3.43%) QA
2 1 (0.57%) SLA
2 1 (0.57%) TickIT
System Software
1 3 (1.71%) Active Directory
Systems Management
1 4 (2.29%) OPNET
2 3 (1.71%) Oracle Identity Manager
2 3 (1.71%) Tivoli
2 3 (1.71%) Tivoli Identity Manager
Vendors
1 31 (17.71%) Microsoft
2 16 (9.14%) HP
3 6 (3.43%) SAP
3 6 (3.43%) Oracle
4 4 (2.29%) Tableau
5 3 (1.71%) Cyber-Ark
5 3 (1.71%) Dell
6 2 (1.14%) Ariba
6 2 (1.14%) Hyperion
6 2 (1.14%) MicroStrategy
6 2 (1.14%) JD Edwards
6 2 (1.14%) Business Objects
6 2 (1.14%) Cognos
6 2 (1.14%) Cadence
7 1 (0.57%) Vertica
7 1 (0.57%) Google
7 1 (0.57%) Netezza
7 1 (0.57%) VMware
7 1 (0.57%) Teradata
7 1 (0.57%) Micro Focus
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