The table below looks at the statistics for Economics skills 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 25 February 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
25 Feb 2017
Same period 2016 Same period 2015
Economics
UK
Rank 507 576 542
Rank change year-on-year
+69 -34
Contract jobs citing Economics 95 51 85
As % of all contract IT jobs located in the UK 0.21% 0.098% 0.16%
As % of the Processes & Methodologies category 0.26% 0.12% 0.20%
Number of daily rates quoted 64 41 50
Median daily rate £406 £395 £400
Median daily rate % change year-on-year
+2.78% -1.25%
90% offered a daily rate of more than £308 £300 £239
10% offered a daily rate of more than £750 £500 £600
UK excluding London median daily rate £365 £375 £354
% change year-on-year
-2.66% +5.93%
Number of hourly rates quoted 4 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 Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
37058 43034 41664
As % of all contract IT jobs located in the UK 82.78% 82.76% 79.42%
Number of daily rates quoted 24637 28159 26322
Median daily rate £450 £425 £422
Median daily rate % change year-on-year
+5.88% +0.71%
90% offered a daily rate of more than £300 £297 £277
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+1.87% -
Number of hourly rates quoted 929 1182 1118
Median hourly rate £35.75 £38.50 £26.50
Median hourly rate % change year-on-year
-7.14% +45.28%
90% offered a hourly rate of more than £13.00 £13.00 £12.00
10% offered a hourly rate of more than £55.00 £56.00 £49.50
UK excluding London median hourly rate £36.00 £40.00 £27.79
% change year-on-year
-10.00% +43.93%

Economics
Jobs Demand Trend

The demand trend of contract jobs citing Economics as a proportion of all IT contracts with a match in the Processes & Methodologies 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 25 February 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
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 25 February 2017.

Economics Hourly Rate Histogram in the UK

Economics
Top 29 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 25 February 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 +77 89 £425 +7.59% 23
London +51 54 £550 +24.64% 16
South East +30 22 £365 -2.66% 4
Hampshire +5 11 £332 -6.21% 1
Yorkshire - 7 £414 -
Berkshire +15 5 £200 - 1
West Yorkshire - 5 £400 -
Leeds - 5 £400 -
Oxfordshire - 5 £500 - 1
City of London +13 4 £415 -27.82% 5
West Midlands +7 4 £650 +160.00% 1
Bracknell - 4 £200 -
North West +23 2 £425 +6.25%
Manchester +13 2 £425 -
Hook -2 2 £365 +12.30%
Farnborough - 2 - -
Coventry - 2 - -
Birmingham - 2 £650 -
Surrey +3 1 - - 1
Newcastle upon Tyne -12 1 £406 +12.77%
North East -15 1 £406 +12.77%
Tyne and Wear -22 1 £406 +12.77%
Scotland - 1 - - 1
South Yorkshire - 1 £650 -
Sheffield - 1 £650 -
Reading - 1 - - 1
Kingston Upon Thames - 1 - -
Edinburgh - 1 - -
Croydon - 1 £650 -

Economics
Top 30 Related IT Skills

For the 6 months to 25 February 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 64 (36.99%) Finance
2 63 (36.42%) SQL
3 62 (35.84%) Degree
4 52 (30.06%) Agile Software Development
5 46 (26.59%) Analytical Skills
6 44 (25.43%) Banking
7 42 (24.28%) Statistics
8 40 (23.12%) Analytics
9 37 (21.39%) Project Management
10 36 (20.81%) SDLC
11 35 (20.23%) Java
12 34 (19.65%) Software Engineering
13 33 (19.08%) Investment Banking
13 33 (19.08%) Technical Analysis
14 32 (18.50%) Migration
15 30 (17.34%) Workflow
15 30 (17.34%) Mathematics
16 29 (16.76%) Pair Programming
17 28 (16.18%) Stakeholder Management
18 27 (15.61%) Change Management
18 27 (15.61%) Data Migration
19 26 (15.03%) Open Source
20 25 (14.45%) Hibernate
20 25 (14.45%) Computer Science
20 25 (14.45%) Spring
21 24 (13.87%) Visualisation
21 24 (13.87%) Data Transformation
22 22 (12.72%) Security Cleared
22 22 (12.72%) J2SE
22 22 (12.72%) Microsoft

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 11 (6.36%) SAS
2 6 (3.47%) Confluence
3 4 (2.31%) Apache Spark
3 4 (2.31%) IBM HTTP Server
4 2 (1.16%) Apache Pig
4 2 (1.16%) CMS
4 2 (1.16%) Drupal
Applications
1 15 (8.67%) MS Excel
1 15 (8.67%) MS Office
2 5 (2.89%) MS PowerPoint
2 5 (2.89%) SPSS
3 2 (1.16%) EViews
3 2 (1.16%) LaTeX
3 2 (1.16%) MS Project
4 1 (0.58%) MS Visio
4 1 (0.58%) SPSS Modeler
4 1 (0.58%) Stata
Business Applications
1 1 (0.58%) Salesforce.com CRM
1 1 (0.58%) SAP Oil and Gas
Cloud Services
1 2 (1.16%) Google Analytics
Communications & Networking
1 7 (4.05%) Internet
2 4 (2.31%) Intranet
3 2 (1.16%) Broadband
4 1 (0.58%) Value-Added Service
Database & Business Intelligence
1 13 (7.51%) Data Mining
2 8 (4.62%) Data Warehouse
3 7 (4.05%) Relational Database
3 7 (4.05%) SQL Server
4 6 (3.47%) Big Data
5 4 (2.31%) MS Access
5 4 (2.31%) NoSQL
5 4 (2.31%) Snowflake Schema
5 4 (2.31%) Spotfire
5 4 (2.31%) SQL Server 2005
5 4 (2.31%) SQL Server 2014
5 4 (2.31%) SQL Server Integration Services
6 3 (1.73%) Hadoop
6 3 (1.73%) OLAP
6 3 (1.73%) OLAP Cube
7 2 (1.16%) Apache Hive
7 2 (1.16%) Cognos Report Studio
7 2 (1.16%) Impala
7 2 (1.16%) Oracle Database
7 2 (1.16%) SQL Server Analysis Services
Development Applications
1 8 (4.62%) JIRA
2 6 (3.47%) Git (software)
3 5 (2.89%) Jenkins
4 4 (2.31%) Liquibase
4 4 (2.31%) Talend Open Studio
5 3 (1.73%) TeamCity
6 2 (1.16%) Cucumber
6 2 (1.16%) JSUnit
6 2 (1.16%) JUnit
6 2 (1.16%) NUnit
6 2 (1.16%) PHPUnit
6 2 (1.16%) Subversion
7 1 (0.58%) Toad
General
1 64 (36.99%) Finance
2 44 (25.43%) Banking
3 33 (19.08%) Investment Banking
4 15 (8.67%) Marketing
5 14 (8.09%) Front Office
6 11 (6.36%) Telecoms
7 8 (4.62%) Advertising
7 8 (4.62%) Spanish Language
8 7 (4.05%) Legal
9 6 (3.47%) Automotive
9 6 (3.47%) Mandarin Language
10 4 (2.31%) Aerospace
10 4 (2.31%) Back Office
11 3 (1.73%) Financial Institution
11 3 (1.73%) Manufacturing
11 3 (1.73%) Retail
12 1 (0.58%) Games
12 1 (0.58%) Publishing
12 1 (0.58%) Retail Banking
12 1 (0.58%) Wholesale Banking
Job Titles
1 55 (31.79%) Developer
2 50 (28.90%) Analyst
3 27 (15.61%) Senior Developer
4 26 (15.03%) Java Developer
5 24 (13.87%) Agile Developer
5 24 (13.87%) Agile Java Developer
5 24 (13.87%) Senior Agile Developer
5 24 (13.87%) Senior Agile Java Developer
5 24 (13.87%) Senior Java Developer
6 22 (12.72%) Project Manager
7 17 (9.83%) Data Analyst
8 12 (6.94%) Java Team Leader
8 12 (6.94%) Lead Developer
8 12 (6.94%) Lead Java Developer
8 12 (6.94%) Team Leader
9 10 (5.78%) SC Cleared Project Manager
10 9 (5.20%) C++ Developer
10 9 (5.20%) C++ Quantitative Developer
10 9 (5.20%) Core Java Developer
10 9 (5.20%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 25 (14.45%) Hibernate
1 25 (14.45%) Spring
2 22 (12.72%) J2SE
3 12 (6.94%) .NET
4 8 (4.62%) HTML
5 7 (4.05%) HTML5
6 6 (3.47%) AngularJS
6 6 (3.47%) CSS
7 5 (2.89%) WPF
8 3 (1.73%) .NET Framework
8 3 (1.73%) Dapper ORM
8 3 (1.73%) Entity Framework
8 3 (1.73%) NHibernate
8 3 (1.73%) Node.js
8 3 (1.73%) React
8 3 (1.73%) Web Services
9 2 (1.16%) Backbone.js
9 2 (1.16%) Reactive Extensions
9 2 (1.16%) Redux
9 2 (1.16%) Sass
Miscellaneous
1 46 (26.59%) Analytical Skills
2 25 (14.45%) Computer Science
3 17 (9.83%) Derivative
4 12 (6.94%) Credit Risk
4 12 (6.94%) Fixed Income
4 12 (6.94%) Foreign Exchange (FX)
5 7 (4.05%) Algorithms
5 7 (4.05%) Market Risk
6 6 (3.47%) Equity Derivative
6 6 (3.47%) Virtual Team
7 5 (2.89%) Management Information System
8 4 (2.31%) NHS
8 4 (2.31%) OTC Derivatives
9 3 (1.73%) Equities
9 3 (1.73%) Exotic Derivative
9 3 (1.73%) User Experience
10 2 (1.16%) Data Centre
10 2 (1.16%) Data Structures
10 2 (1.16%) Life Science
10 2 (1.16%) Over-the-Top Content
Operating Systems
1 5 (2.89%) Unix
2 4 (2.31%) Windows
Processes & Methodologies
1 52 (30.06%) Agile Software Development
2 42 (24.28%) Statistics
3 40 (23.12%) Analytics
4 37 (21.39%) Project Management
5 36 (20.81%) SDLC
6 34 (19.65%) Software Engineering
7 33 (19.08%) Technical Analysis
8 32 (18.50%) Migration
9 30 (17.34%) Mathematics
9 30 (17.34%) Workflow
10 29 (16.76%) Pair Programming
11 28 (16.18%) Stakeholder Management
12 27 (15.61%) Change Management
12 27 (15.61%) Data Migration
13 26 (15.03%) Open Source
14 24 (13.87%) Data Transformation
14 24 (13.87%) Visualisation
15 21 (12.14%) Data Analysis
16 17 (9.83%) Operations Research
17 16 (9.25%) TDD
Programming Languages
1 63 (36.42%) SQL
2 35 (20.23%) Java
3 19 (10.98%) C#
4 18 (10.40%) Python
5 16 (9.25%) R
6 14 (8.09%) C++
7 9 (5.20%) VBA
8 7 (4.05%) JavaScript
9 3 (1.73%) Shell Script
9 3 (1.73%) TypeScript
10 2 (1.16%) C
10 2 (1.16%) Go
10 2 (1.16%) MATLAB
10 2 (1.16%) Scala
10 2 (1.16%) T-SQL
10 2 (1.16%) XAML
11 1 (0.58%) Apex Code
11 1 (0.58%) PL/SQL
11 1 (0.58%) VB
Qualifications
1 62 (35.84%) Degree
2 22 (12.72%) Security Cleared
3 18 (10.40%) SC Cleared
4 11 (6.36%) MBA
5 9 (5.20%) PhD
6 6 (3.47%) CFA
7 3 (1.73%) BPSS Clearance
7 3 (1.73%) CISA
7 3 (1.73%) CISM
7 3 (1.73%) CISSP
8 2 (1.16%) PMI Certification
8 2 (1.16%) PMP
8 2 (1.16%) Postgraduate
9 1 (0.58%) PgMP
9 1 (0.58%) PRINCE2 Certification
9 1 (0.58%) Six Sigma Green Belt
Quality Assurance & Compliance
1 8 (4.62%) Data Quality
1 8 (4.62%) QA
2 4 (2.31%) GAAP
3 3 (1.73%) IFRS
3 3 (1.73%) IFRS 9
4 2 (1.16%) Disclosure Scotland
4 2 (1.16%) PMBOK
4 2 (1.16%) PMO
5 1 (0.58%) Basel II
5 1 (0.58%) Basel III
5 1 (0.58%) Dodd-Frank
5 1 (0.58%) MiFID
5 1 (0.58%) SLA
Systems Management
1 2 (1.16%) Puppet
1 2 (1.16%) Tivoli
Vendors
1 22 (12.72%) Microsoft
2 19 (10.98%) Tableau
3 12 (6.94%) Oracle
4 9 (5.20%) IBM
4 9 (5.20%) SAP
5 8 (4.62%) Google
6 6 (3.47%) HP
7 4 (2.31%) Talend
8 2 (1.16%) Atlassian
8 2 (1.16%) Cognos
8 2 (1.16%) Teradata
8 2 (1.16%) TIBCO
9 1 (0.58%) Infor
9 1 (0.58%) Informatica
9 1 (0.58%) Murex
9 1 (0.58%) Salesforce.com
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