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 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Economics
Rank 561 588 532
Rank change year-on-year
+27 -56
Contract jobs citing Economics 92 75 107
As % of all contract IT jobs located in the UK 0.17% 0.13% 0.18%
As % of the Miscellaneous category 0.52% 0.39% 0.57%
Number of daily rates quoted 65 52 75
Median daily rate £350 £378 £380
Median daily rate % change year-on-year
-7.28% -0.65%
90% offered a daily rate of more than £283 £243 £287
10% offered a daily rate of more than £600 £523 £563
UK excluding London median daily rate £343 £347 £350
% change year-on-year
-1.43% -0.72%
Number of hourly rates quoted 1 1 5
Median hourly rate £17.25 £8.21 £30.00
Median hourly rate % change year-on-year
+110.10% -72.63%
UK excluding London median hourly rate - - £17.50

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
17771 19133 18680
As % of all contract IT jobs located in the UK 33.30% 32.99% 32.16%
Number of daily rates quoted 11506 11963 11343
Median daily rate £425 £425 £405
Median daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £608 £600
UK excluding London median daily rate £375 £377 £350
% change year-on-year
-0.53% +7.71%
Number of hourly rates quoted 648 813 810
Median hourly rate £20.00 £19.03 £18.50
Median hourly rate % change year-on-year
+5.09% +2.86%
90% offered a hourly rate of more than £11.72 £11.99 £12.00
10% offered a hourly rate of more than £44.00 £44.60 £43.00
UK excluding London median hourly rate £21.00 £18.88 £17.50
% change year-on-year
+11.22% +7.88%

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 29 September 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 29 September 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 +25 84 £381 +0.32% 29
London +10 53 £425 -5.55% 20
City of London +24 15 £295 -44.07% 4
South East +11 15 £333 -11.33% 4
Hampshire +4 11 £343 -1.78% 2
North East -16 7 £350 +268.42%
Tyne and Wear -22 7 £350 +268.42%
Newcastle upon Tyne -22 7 £350 +268.42%
Scotland +17 5 £350 +32.07% 1
Hook -2 5 £408 +2.27%
Berkshire -1 4 £288 +8.49%
West Midlands -28 4 £330 +6.45% 2
Renfrewshire -18 3 £315 +18.86%
Erskine -27 3 £315 +18.86%
Glasgow - 2 £350 -
Bracknell - 2 £288 -
Dudley - 2 - -
North West +9 1 £388 +3.33% 1
Manchester -1 1 £388 +3.33% 1
East Midlands -8 1 £408 +20.74%
Midlands - 1 - -
Shropshire - 1 £330 -
Warwickshire - 1 - - 2
West Yorkshire - 1 - -
Yorkshire - 1 - - 1
Wales - 1 £400 -
South Wales - 1 £400 -
Derbyshire - 1 £408 -
Reading - 1 - -
Rugby - 1 - - 1

Economics
Top 30 Related IT Skills

For the 6 months to 29 September 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 57 (38.00%) Degree
2 54 (36.00%) Analytical Skills
3 52 (34.67%) Finance
4 49 (32.67%) Mathematics
5 46 (30.67%) SQL
6 42 (28.00%) Project Management
7 33 (22.00%) Banking
8 31 (20.67%) Statistics
9 30 (20.00%) Change Management
9 30 (20.00%) Analytics
10 28 (18.67%) Security Cleared
10 28 (18.67%) Microsoft
11 24 (16.00%) Programme Management
11 24 (16.00%) SC Cleared
11 24 (16.00%) SDLC
12 23 (15.33%) Data Mining
12 23 (15.33%) SAS
13 22 (14.67%) Agile Software Development
14 20 (13.33%) Investment Banking
14 20 (13.33%) MS Excel
15 19 (12.67%) Risk Management
15 19 (12.67%) Computer Science
15 19 (12.67%) R
16 18 (12.00%) Open Source
16 18 (12.00%) Software Engineering
16 18 (12.00%) MS Office
17 17 (11.33%) Java
17 17 (11.33%) Visualisation
17 17 (11.33%) Tableau
18 16 (10.67%) Technical Analysis

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 23 (15.33%) SAS
2 3 (2.00%) SharePoint
3 2 (1.33%) Apache Spark
3 2 (1.33%) Confluence
3 2 (1.33%) GemFire
3 2 (1.33%) Oracle Coherence
4 1 (0.67%) Skype for Business
Applications
1 20 (13.33%) MS Excel
2 18 (12.00%) MS Office
3 16 (10.67%) SPSS
4 9 (6.00%) MS PowerPoint
5 8 (5.33%) MS Project
6 3 (2.00%) MS Visio
6 3 (2.00%) Spreadsheet
Business Applications
1 1 (0.67%) WebTrends
Cloud Services
1 10 (6.67%) Google Analytics
2 3 (2.00%) SaaS
3 1 (0.67%) Adobe Analytics
3 1 (0.67%) Google Cloud Platform
3 1 (0.67%) Office 365
3 1 (0.67%) OneDrive
Communications & Networking
1 4 (2.67%) Firewall
1 4 (2.67%) Internet
2 3 (2.00%) LAN
2 3 (2.00%) SAN
2 3 (2.00%) Wi-Fi
2 3 (2.00%) WLAN
3 2 (1.33%) Skype
Database & Business Intelligence
1 23 (15.33%) Data Mining
2 5 (3.33%) Data Warehouse
3 4 (2.67%) Big Data
3 4 (2.67%) QlikView
3 4 (2.67%) Relational Database
4 2 (1.33%) GIS
4 2 (1.33%) Hadoop
4 2 (1.33%) NoSQL
4 2 (1.33%) SQL Server
5 1 (0.67%) Apache Hive
5 1 (0.67%) BigQuery
5 1 (0.67%) BusinessObjects
5 1 (0.67%) Crystal Reports
5 1 (0.67%) Data Mart
5 1 (0.67%) DB2
5 1 (0.67%) OLAP
5 1 (0.67%) OLTP
5 1 (0.67%) PowerPivot
5 1 (0.67%) Qlik Sense
5 1 (0.67%) Spotfire
Development Applications
1 3 (2.00%) JIRA
2 2 (1.33%) Toad
3 1 (0.67%) Axure RP
3 1 (0.67%) Cucumber
3 1 (0.67%) Git (software)
3 1 (0.67%) Jenkins
3 1 (0.67%) JSUnit
3 1 (0.67%) JUnit
3 1 (0.67%) NUnit
3 1 (0.67%) PHPUnit
3 1 (0.67%) Subversion
3 1 (0.67%) TeamCity
General
1 52 (34.67%) Finance
2 33 (22.00%) Banking
3 20 (13.33%) Investment Banking
4 16 (10.67%) Marketing
5 10 (6.67%) Legal
6 9 (6.00%) Retail
7 7 (4.67%) Front Office
8 6 (4.00%) Advertising
9 3 (2.00%) Retail Banking
10 2 (1.33%) Billing
10 2 (1.33%) Financial Institution
10 2 (1.33%) Telecoms
11 1 (0.67%) Back Office
11 1 (0.67%) Dutch Language
11 1 (0.67%) French Language
11 1 (0.67%) Law
11 1 (0.67%) Pharmaceutical
Job Titles
1 56 (37.33%) Analyst
2 42 (28.00%) Project Manager
3 18 (12.00%) Developer
4 16 (10.67%) Data Analyst
5 14 (9.33%) Risk Analyst
6 13 (8.67%) Java Developer
7 12 (8.00%) Business Analyst
7 12 (8.00%) Programme Manager
7 12 (8.00%) Senior Developer
8 11 (7.33%) Agile Developer
8 11 (7.33%) Agile Java Developer
8 11 (7.33%) Senior Agile Developer
8 11 (7.33%) Senior Agile Java Developer
8 11 (7.33%) Senior Java Developer
9 10 (6.67%) SC Cleared Project Manager
10 9 (6.00%) Applications Manager
10 9 (6.00%) Applications Project Manager
11 8 (5.33%) Credit Analyst
11 8 (5.33%) Credit Risk Analyst
12 7 (4.67%) Team Leader
Libraries, Frameworks & Software Standards
1 13 (8.67%) Spring
2 11 (7.33%) Hibernate
2 11 (7.33%) J2SE
3 3 (2.00%) .NET
3 3 (2.00%) CSS
3 3 (2.00%) HTML
3 3 (2.00%) HTML5
3 3 (2.00%) Middleware
4 2 (1.33%) AngularJS
4 2 (1.33%) CSS3
4 2 (1.33%) Flash
4 2 (1.33%) jQuery
4 2 (1.33%) Sass
4 2 (1.33%) Silverlight
4 2 (1.33%) XML
5 1 (0.67%) Doctrine
5 1 (0.67%) LESS
5 1 (0.67%) React
5 1 (0.67%) Twitter Bootstrap
5 1 (0.67%) Web Services
Miscellaneous
1 54 (36.00%) Analytical Skills
2 49 (32.67%) Mathematics
3 31 (20.67%) Statistics
4 19 (12.67%) Computer Science
5 17 (11.33%) Visualisation
6 14 (9.33%) Credit Risk
7 10 (6.67%) Physics
8 9 (6.00%) User Experience
9 8 (5.33%) Management Information System
9 8 (5.33%) Market Risk
10 7 (4.67%) Fixed Income
11 6 (4.00%) Algorithms
11 6 (4.00%) Derivative
11 6 (4.00%) Equities
12 5 (3.33%) Virtual Team
13 4 (2.67%) Data Extraction
13 4 (2.67%) Data Structures
13 4 (2.67%) Foreign Exchange (FX)
14 3 (2.00%) Digital Media
14 3 (2.00%) Private Cloud
Operating Systems
1 9 (6.00%) Windows
2 4 (2.67%) Unix
3 3 (2.00%) Linux
3 3 (2.00%) Mac OS X
3 3 (2.00%) MVS
Processes & Methodologies
1 42 (28.00%) Project Management
2 30 (20.00%) Analytics
2 30 (20.00%) Change Management
3 24 (16.00%) Programme Management
3 24 (16.00%) SDLC
4 22 (14.67%) Agile Software Development
5 19 (12.67%) Risk Management
6 18 (12.00%) Open Source
6 18 (12.00%) Software Engineering
7 16 (10.67%) Technical Analysis
8 15 (10.00%) Project Planning
9 14 (9.33%) Service Management
9 14 (9.33%) Workflow
10 13 (8.67%) Data Visualisation
10 13 (8.67%) E-Commerce
10 13 (8.67%) Pair Programming
11 12 (8.00%) Data Transformation
11 12 (8.00%) Migration
11 12 (8.00%) Operations Research
12 11 (7.33%) Business Analysis
Programming Languages
1 46 (30.67%) SQL
2 19 (12.67%) R
3 17 (11.33%) Java
4 10 (6.67%) Python
5 9 (6.00%) VBA
6 7 (4.67%) MATLAB
7 4 (2.67%) JavaScript
8 3 (2.00%) C
9 2 (1.33%) C#
9 2 (1.33%) PL/SQL
9 2 (1.33%) SAS Macro
9 2 (1.33%) Scala
10 1 (0.67%) C++
10 1 (0.67%) T-SQL
10 1 (0.67%) TypeScript
10 1 (0.67%) XAML
Qualifications
1 57 (38.00%) Degree
2 28 (18.67%) Security Cleared
3 24 (16.00%) SC Cleared
4 3 (2.00%) A+ Certification
4 3 (2.00%) CFA
5 2 (1.33%) ACCA
5 2 (1.33%) CIMA
5 2 (1.33%) CISA
5 2 (1.33%) CISM
5 2 (1.33%) CISSP
5 2 (1.33%) MBA
5 2 (1.33%) PMP
5 2 (1.33%) Postgraduate
6 1 (0.67%) BPSS Clearance
6 1 (0.67%) CAPM
6 1 (0.67%) CBAP
6 1 (0.67%) PhD
6 1 (0.67%) PMI Certification
6 1 (0.67%) PRINCE2 Practitioner
6 1 (0.67%) Six Sigma Green Belt
Quality Assurance & Compliance
1 13 (8.67%) QA
2 7 (4.67%) Data Quality
3 5 (3.33%) SLA
4 3 (2.00%) MiFID
5 2 (1.33%) Dodd-Frank
6 1 (0.67%) Basel II
6 1 (0.67%) Basel III
6 1 (0.67%) EMIR
6 1 (0.67%) ISO 9001
Systems Management
1 1 (0.67%) MOM
1 1 (0.67%) Puppet
Vendors
1 28 (18.67%) Microsoft
2 17 (11.33%) Tableau
3 10 (6.67%) Google
4 5 (3.33%) Oracle
5 3 (2.00%) HP
5 3 (2.00%) Informatica
5 3 (2.00%) SAP
6 2 (1.33%) Atlassian
6 2 (1.33%) Murex
6 2 (1.33%) Sybase
7 1 (0.67%) Adobe
7 1 (0.67%) Alias
7 1 (0.67%) Cisco
7 1 (0.67%) IBM
7 1 (0.67%) Palantir
7 1 (0.67%) Salesforce.com
7 1 (0.67%) Teradata
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