The table below looks at the prevalence of the term Economics in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited Economics over the 3 months to 22 January 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
22 Jan 2017
Same period 2016 Same period 2015
Economics
England / West Midlands
Rank - 119 112
Contract jobs citing Economics 0 1 1
As % of all contract IT jobs located in the West Midlands - 0.041% 0.047%
As % of the Miscellaneous category - 0.15% 0.16%
Number of daily rates quoted 0 1 1
Median daily rate - £250 £500
Median daily rate % change year-on-year
- -50.00%
UK excluding London median daily rate £378 £391 £413
% change year-on-year
-3.51% -5.20%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
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 in the West Midlands region.

Miscellaneous Category
West Midlands
Contract IT job ads with a match in the
Miscellaneous category
646 677 628
As % of all contract IT jobs located in the West Midlands 27.38% 27.75% 29.62%
Number of daily rates quoted 399 383 361
Median daily rate £388 £375 £360
Median daily rate % change year-on-year
+3.33% +4.16%
90% offered a daily rate of more than £170 £200 £190
10% offered a daily rate of more than £515 £500 £500
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 41 35 52
Median hourly rate £21.47 £17.50 £22.50
Median hourly rate % change year-on-year
+22.65% -22.22%
90% offered a hourly rate of more than £11.33 £11.00 £12.50
10% offered a hourly rate of more than £55.00 £42.50 £52.50
UK excluding London median hourly rate £19.30 £21.50 £17.50
% change year-on-year
-10.22% +22.85%

Economics
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Economics as a proportion of all IT contracts with a match in the Miscellaneous category.

Economics Jobs Demand Trend in the West Midlands

Economics
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Economics across the West Midlands region.

Economics Daily Rate Trend in the West Midlands

Economics
Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Economics across the West Midlands region.

Economics Hourly Rate Trend in the West Midlands

Economics
Top 19 Related IT Skills in the West Midlands

For the 6 months to 22 January 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 across the West Midlands region with a requirement for Economics.

1 2 (100.00%) Finance
1 2 (100.00%) Project Management
2 1 (50.00%) ITSM
2 1 (50.00%) Risk Management
2 1 (50.00%) Billing
2 1 (50.00%) MS PowerPoint
2 1 (50.00%) SC Cleared
2 1 (50.00%) Security Cleared
2 1 (50.00%) Financial Analysis
2 1 (50.00%) Process Improvement
2 1 (50.00%) Analytical Skills
2 1 (50.00%) MS Office
2 1 (50.00%) ITIL
2 1 (50.00%) MS Excel
2 1 (50.00%) SharePoint
2 1 (50.00%) MS Visio
2 1 (50.00%) Microsoft
2 1 (50.00%) HP
2 1 (50.00%) Internet

Economics
Top Related IT Skills in the West Midlands 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 1 (50.00%) SharePoint
Applications
1 1 (50.00%) MS Excel
1 1 (50.00%) MS Office
1 1 (50.00%) MS PowerPoint
1 1 (50.00%) MS Visio
Communications & Networking
1 1 (50.00%) Internet
General
1 2 (100.00%) Finance
2 1 (50.00%) Billing
Job Titles
1 1 (50.00%) PMO Specialist
Miscellaneous
1 1 (50.00%) Analytical Skills
Processes & Methodologies
1 2 (100.00%) Project Management
2 1 (50.00%) Financial Analysis
2 1 (50.00%) ITIL
2 1 (50.00%) ITSM
2 1 (50.00%) Process Improvement
2 1 (50.00%) Risk Management
Qualifications
1 1 (50.00%) SC Cleared
1 1 (50.00%) Security Cleared
Vendors
1 1 (50.00%) HP
1 1 (50.00%) Microsoft