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 9 December 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
9 Dec 2016
Same period 2015 Same period 2014
Economics
Rank 537 576 527
Rank change year-on-year
+39 -49
Contract jobs citing Economics 84 69 110
As % of all contract IT jobs located in the UK 0.17% 0.13% 0.20%
As % of the Miscellaneous category 0.52% 0.38% 0.61%
Number of daily rates quoted 49 46 73
Median daily rate £600 £438 £398
Median daily rate % change year-on-year
+37.14% +9.80%
UK excluding London median daily rate £400 £380 £390
% change year-on-year
+5.26% -2.56%
Number of hourly rates quoted 5 1 0
Median hourly rate £30.00 £20.00 -
Median hourly rate % change year-on-year
+50.00% -
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
16123 18383 17912
As % of all contract IT jobs located in the UK 32.53% 33.35% 31.76%
Number of daily rates quoted 10442 11565 11372
Median daily rate £430 £425 £410
Median daily rate % change year-on-year
+1.17% +3.65%
90% offered a daily rate of more than £240 £250 £238
10% offered a daily rate of more than £625 £623 £600
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 575 790 744
Median hourly rate £19.50 £20.00 £17.00
Median hourly rate % change year-on-year
-2.50% +17.64%
90% offered a hourly rate of more than £12.00 £12.35 £11.00
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London median hourly rate £18.94 £19.50 £16.85
% change year-on-year
-2.87% +15.72%

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 9 December 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 9 December 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 +21 80 £600 +33.33% 27
London +33 52 £600 +20.00% 18
South East +20 19 £400 +14.28% 4
Berkshire 0 10 - - 1
Hampshire +15 7 £370 +18.40%
Reading +9 7 - -
Hook +2 5 £370 +1.36%
Yorkshire +19 3 £414 -21.51% 3
Scotland +12 3 £350 - 2
Bracknell - 3 - - 1
West Yorkshire +23 2 £414 -21.51% 3
Leeds +19 2 £414 -21.51% 1
Oxfordshire 0 2 £500 +25.78% 1
City of London -9 2 £650 +44.44% 4
Kingston Upon Thames - 2 - - 2
North East - 2 £406 -
Edinburgh +20 1 £400 - 1
Warwickshire -4 1 - -
West Midlands -11 1 - - 1
South West - 1 £450 - 1
Glasgow - 1 £350 -
Renfrewshire - 1 £315 -
Wales - 1 - -
Canary Wharf - 1 £675 -
Erskine - 1 £315 -
Rugby - 1 - -
Havant - 1 - -
Swindon - 1 £450 -
Tyne and Wear - 1 £406 -
Newport - 1 - -

Economics
Top 30 Related IT Skills

For the 6 months to 9 December 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 66 (36.87%) Finance
2 64 (35.75%) Degree
3 62 (34.64%) SQL
3 62 (34.64%) Analytical Skills
4 50 (27.93%) Banking
5 47 (26.26%) Analytics
6 46 (25.70%) Project Management
7 42 (23.46%) SDLC
8 41 (22.91%) Statistics
9 38 (21.23%) Software Engineering
9 38 (21.23%) Agile Software Development
10 36 (20.11%) Investment Banking
10 36 (20.11%) Open Source
11 35 (19.55%) Technical Analysis
11 35 (19.55%) Mathematics
12 34 (18.99%) Java
13 33 (18.44%) Pair Programming
14 32 (17.88%) Workflow
14 32 (17.88%) Migration
15 31 (17.32%) Change Management
15 31 (17.32%) Spring
16 29 (16.20%) Microsoft
16 29 (16.20%) Hibernate
16 29 (16.20%) Data Migration
16 29 (16.20%) Data Transformation
17 26 (14.53%) Security Cleared
17 26 (14.53%) J2SE
18 25 (13.97%) Programme Management
19 24 (13.41%) MS Excel
19 24 (13.41%) Visualisation

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 19 (10.61%) SAS
2 4 (2.23%) IBM HTTP Server
3 2 (1.12%) Confluence
3 2 (1.12%) GemFire
3 2 (1.12%) Oracle Coherence
3 2 (1.12%) SharePoint
4 1 (0.56%) Apache Spark
4 1 (0.56%) Skype for Business
Applications
1 24 (13.41%) MS Excel
2 15 (8.38%) MS Office
3 14 (7.82%) SPSS
4 9 (5.03%) MS PowerPoint
4 9 (5.03%) MS Project
5 2 (1.12%) LaTeX
5 2 (1.12%) MS Visio
6 1 (0.56%) EViews
6 1 (0.56%) Spreadsheet
Business Applications
1 1 (0.56%) WebTrends
Cloud Services
1 7 (3.91%) Google Analytics
2 3 (1.68%) SaaS
3 1 (0.56%) Adobe Analytics
3 1 (0.56%) Office 365
3 1 (0.56%) OneDrive
Communications & Networking
1 8 (4.47%) Internet
2 3 (1.68%) Firewall
2 3 (1.68%) LAN
2 3 (1.68%) SAN
2 3 (1.68%) Wi-Fi
2 3 (1.68%) WLAN
3 2 (1.12%) Broadband
3 2 (1.12%) Intranet
3 2 (1.12%) Skype
Database & Business Intelligence
1 8 (4.47%) Data Mining
2 5 (2.79%) Data Warehouse
3 4 (2.23%) Relational Database
4 3 (1.68%) Big Data
4 3 (1.68%) Spotfire
5 2 (1.12%) MS Access
5 2 (1.12%) Oracle Database
5 2 (1.12%) Snowflake Schema
5 2 (1.12%) SQL Server
5 2 (1.12%) SQL Server 2005
5 2 (1.12%) SQL Server 2014
6 1 (0.56%) Base SAS
6 1 (0.56%) BusinessObjects
6 1 (0.56%) Crystal Reports
6 1 (0.56%) Data Lake
6 1 (0.56%) Hadoop
6 1 (0.56%) NoSQL
6 1 (0.56%) Qlik Sense
6 1 (0.56%) QlikView
6 1 (0.56%) SAS Visual Analytics
Development Applications
1 3 (1.68%) Git (software)
1 3 (1.68%) JIRA
1 3 (1.68%) NUnit
2 2 (1.12%) Liquibase
2 2 (1.12%) Talend Open Studio
2 2 (1.12%) Toad
3 1 (0.56%) Axure RP
3 1 (0.56%) Cucumber
3 1 (0.56%) Jenkins
3 1 (0.56%) JSUnit
3 1 (0.56%) JUnit
3 1 (0.56%) PHPUnit
3 1 (0.56%) Subversion
General
1 66 (36.87%) Finance
2 50 (27.93%) Banking
3 36 (20.11%) Investment Banking
4 23 (12.85%) Marketing
5 14 (7.82%) Legal
6 11 (6.15%) Front Office
7 10 (5.59%) Telecoms
8 8 (4.47%) Retail
9 6 (3.35%) Mandarin Language
9 6 (3.35%) Spanish Language
10 5 (2.79%) Advertising
10 5 (2.79%) Back Office
11 4 (2.23%) Aerospace
11 4 (2.23%) Automotive
11 4 (2.23%) Retail Banking
12 3 (1.68%) Financial Institution
13 2 (1.12%) Billing
14 1 (0.56%) Dutch Language
14 1 (0.56%) French Language
14 1 (0.56%) Wholesale Banking
Job Titles
1 59 (32.96%) Analyst
2 39 (21.79%) Developer
3 32 (17.88%) Project Manager
4 31 (17.32%) Java Developer
5 30 (16.76%) Senior Developer
6 29 (16.20%) Agile Developer
6 29 (16.20%) Agile Java Developer
6 29 (16.20%) Senior Agile Developer
6 29 (16.20%) Senior Agile Java Developer
6 29 (16.20%) Senior Java Developer
7 17 (9.50%) Data Analyst
8 13 (7.26%) Team Leader
9 12 (6.70%) Java Team Leader
9 12 (6.70%) Lead Developer
9 12 (6.70%) Lead Java Developer
10 11 (6.15%) Business Analyst
11 10 (5.59%) Applications Manager
11 10 (5.59%) Applications Project Manager
11 10 (5.59%) Risk Analyst
11 10 (5.59%) SC Cleared Project Manager
Libraries, Frameworks & Software Standards
1 31 (17.32%) Spring
2 29 (16.20%) Hibernate
3 26 (14.53%) J2SE
4 5 (2.79%) HTML
4 5 (2.79%) HTML5
5 4 (2.23%) .NET
6 3 (1.68%) CSS
6 3 (1.68%) Middleware
6 3 (1.68%) Reactive Extensions
6 3 (1.68%) Silverlight
6 3 (1.68%) WPF
7 2 (1.12%) AngularJS
7 2 (1.12%) CSS3
7 2 (1.12%) Flash
7 2 (1.12%) Mason
7 2 (1.12%) Sass
7 2 (1.12%) XML
8 1 (0.56%) LESS
8 1 (0.56%) RESTful
8 1 (0.56%) Web Services
Miscellaneous
1 62 (34.64%) Analytical Skills
2 41 (22.91%) Statistics
3 35 (19.55%) Mathematics
4 24 (13.41%) Visualisation
5 15 (8.38%) Computer Science
6 13 (7.26%) Credit Risk
7 11 (6.15%) Foreign Exchange (FX)
8 9 (5.03%) Derivative
8 9 (5.03%) Management Information System
8 9 (5.03%) Virtual Team
9 8 (4.47%) Physics
9 8 (4.47%) User Experience
10 7 (3.91%) Fixed Income
10 7 (3.91%) Psychology
11 5 (2.79%) Algorithms
11 5 (2.79%) Data Structures
11 5 (2.79%) Equities
11 5 (2.79%) Market Risk
12 4 (2.23%) OTC Derivatives
13 3 (1.68%) Digital Media
Operating Systems
1 4 (2.23%) Unix
1 4 (2.23%) Windows
2 3 (1.68%) Linux
2 3 (1.68%) Mac OS X
2 3 (1.68%) MVS
Processes & Methodologies
1 47 (26.26%) Analytics
2 46 (25.70%) Project Management
3 42 (23.46%) SDLC
4 38 (21.23%) Agile Software Development
4 38 (21.23%) Software Engineering
5 36 (20.11%) Open Source
6 35 (19.55%) Technical Analysis
7 33 (18.44%) Pair Programming
8 32 (17.88%) Migration
8 32 (17.88%) Workflow
9 31 (17.32%) Change Management
10 29 (16.20%) Data Migration
10 29 (16.20%) Data Transformation
11 25 (13.97%) Programme Management
12 21 (11.73%) Data Analysis
13 19 (10.61%) Operations Research
14 17 (9.50%) Business Analysis
14 17 (9.50%) Risk Management
15 16 (8.94%) Process Improvement
15 16 (8.94%) Stakeholder Management
Programming Languages
1 62 (34.64%) SQL
2 34 (18.99%) Java
3 19 (10.61%) R
4 6 (3.35%) MATLAB
5 5 (2.79%) C#
5 5 (2.79%) JavaScript
5 5 (2.79%) Python
6 4 (2.23%) VBA
7 3 (1.68%) C
7 3 (1.68%) XAML
8 2 (1.12%) PL/SQL
8 2 (1.12%) T-SQL
9 1 (0.56%) C++
9 1 (0.56%) Scala
9 1 (0.56%) TypeScript
Qualifications
1 64 (35.75%) Degree
2 26 (14.53%) Security Cleared
3 21 (11.73%) SC Cleared
4 7 (3.91%) MBA
5 4 (2.23%) BPSS Clearance
6 3 (1.68%) A+ Certification
6 3 (1.68%) CFA
6 3 (1.68%) CISA
6 3 (1.68%) CISM
6 3 (1.68%) CISSP
6 3 (1.68%) Postgraduate
7 2 (1.12%) ACCA
7 2 (1.12%) CIMA
7 2 (1.12%) PMP
8 1 (0.56%) CBAP
8 1 (0.56%) PhD
8 1 (0.56%) Six Sigma Green Belt
Quality Assurance & Compliance
1 11 (6.15%) QA
2 5 (2.79%) Data Quality
3 3 (1.68%) GAAP
3 3 (1.68%) SLA
4 2 (1.12%) Disclosure Scotland
4 2 (1.12%) Dodd-Frank
4 2 (1.12%) MiFID
5 1 (0.56%) Basel II
5 1 (0.56%) Basel III
5 1 (0.56%) EMIR
5 1 (0.56%) ISO 9001
Systems Management
1 1 (0.56%) MOM
1 1 (0.56%) Puppet
Vendors
1 29 (16.20%) Microsoft
2 16 (8.94%) Tableau
3 13 (7.26%) Google
4 9 (5.03%) SAP
5 8 (4.47%) HP
6 7 (3.91%) IBM
7 6 (3.35%) Oracle
8 3 (1.68%) Informatica
9 2 (1.12%) Sybase
9 2 (1.12%) Talend
10 1 (0.56%) Adobe
10 1 (0.56%) Murex
10 1 (0.56%) Palantir
10 1 (0.56%) Salesforce.com
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