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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Economics
Rank 132 - 115
Rank change year-on-year
- 0
Contract jobs citing Economics 4 0 4
As % of all contract IT jobs located in the West Midlands 0.14% - 0.17%
As % of the Miscellaneous category 0.53% - 0.62%
Number of daily rates quoted 2 0 2
Median daily rate £512 - £400
90% offered a daily rate of more than £448 - £340
10% offered a daily rate of more than £575 - £460
UK excluding London median daily rate £427 £345 £330
% change year-on-year
+23.87% +4.54%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £25.00
Economics
England

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
758 708 644
As % of all contract IT jobs located in the West Midlands 26.32% 27.70% 27.78%
Number of daily rates quoted 437 436 299
Median daily rate £375 £350 £320
Median daily rate % change year-on-year
+7.14% +9.37%
90% offered a daily rate of more than £247 £200 £164
10% offered a daily rate of more than £525 £475 £486
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 32 54 62
Median hourly rate £16.10 £22.50 £31.25
Median hourly rate % change year-on-year
-28.43% -28.00%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £35.00 £41.40 £37.80
UK excluding London median hourly rate £21.75 £18.00 £20.50
% change year-on-year
+20.83% -12.19%

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
Daily Rate Histogram in the West Midlands

This chart provides a histogram of daily rates quoted in contract IT jobs citing Economics across the West Midlands region over the 3 months to 28 May 2016.

Economics Daily Rate Histogram 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
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the West Midlands region over the 3 months to 28 May 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
Wolverhampton - 2 £432 -
Solihull - 1 - -
Warwickshire - 1 £591 -
Economics
England

Economics
Top 30 Related IT Skills in the West Midlands

For the 6 months to 28 May 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 across the West Midlands region with a requirement for Economics.

1 5 (100.00%) Analytical Skills
2 4 (80.00%) Finance
3 3 (60.00%) Microsoft
3 3 (60.00%) SAS
3 3 (60.00%) Project Management
3 3 (60.00%) Mathematics
3 3 (60.00%) Degree
4 2 (40.00%) Process Improvement
4 2 (40.00%) Analytics
4 2 (40.00%) Business Process Mapping
4 2 (40.00%) Data Flow Diagram
4 2 (40.00%) MS Excel
4 2 (40.00%) Six Sigma
4 2 (40.00%) Risk Management
4 2 (40.00%) MS PowerPoint
4 2 (40.00%) Credit Risk
4 2 (40.00%) SAS Macro
4 2 (40.00%) Time Management
5 1 (20.00%) Oracle BI EE
5 1 (20.00%) Financial Modelling
5 1 (20.00%) Visualisation
5 1 (20.00%) SaaS
5 1 (20.00%) Tableau
5 1 (20.00%) Statistical Analysis
5 1 (20.00%) Statistics
5 1 (20.00%) Automotive
5 1 (20.00%) Data Management
5 1 (20.00%) Data Analysis
5 1 (20.00%) Cognos
5 1 (20.00%) Data Modelling

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 3 (60.00%) SAS
Applications
1 2 (40.00%) MS Excel
1 2 (40.00%) MS PowerPoint
2 1 (20.00%) SPSS
Cloud Services
1 1 (20.00%) SaaS
1 1 (20.00%) SuccessFactors
Database & Business Intelligence
1 1 (20.00%) Oracle BI EE
1 1 (20.00%) QlikView
1 1 (20.00%) SAP BI
1 1 (20.00%) Spotfire
General
1 4 (80.00%) Finance
2 1 (20.00%) Automotive
Job Titles
1 3 (60.00%) Analyst
2 1 (20.00%) Analytics Manager
2 1 (20.00%) Business Analyst
2 1 (20.00%) Business Process Analyst
2 1 (20.00%) Credit Analyst
2 1 (20.00%) Credit Risk Analyst
2 1 (20.00%) HR Manager
2 1 (20.00%) Process Analyst
2 1 (20.00%) Project Manager
2 1 (20.00%) Risk Analyst
2 1 (20.00%) Transformation Manager
2 1 (20.00%) Transformation Project Manager
Miscellaneous
1 5 (100.00%) Analytical Skills
2 3 (60.00%) Mathematics
3 2 (40.00%) Credit Risk
4 1 (20.00%) Statistics
4 1 (20.00%) Visualisation
Processes & Methodologies
1 3 (60.00%) Project Management
2 2 (40.00%) Analytics
2 2 (40.00%) Business Process Mapping
2 2 (40.00%) Data Flow Diagram
2 2 (40.00%) Process Improvement
2 2 (40.00%) Risk Management
2 2 (40.00%) Six Sigma
2 2 (40.00%) Time Management
3 1 (20.00%) Business Intelligence
3 1 (20.00%) Change Management
3 1 (20.00%) Data Analysis
3 1 (20.00%) Data Analytics
3 1 (20.00%) Data Management
3 1 (20.00%) Data Modelling
3 1 (20.00%) Financial Modelling
3 1 (20.00%) Lean Six Sigma
3 1 (20.00%) Statistical Analysis
3 1 (20.00%) Visual Analytics
Programming Languages
1 2 (40.00%) SAS Macro
Qualifications
1 3 (60.00%) Degree
Vendors
1 3 (60.00%) Microsoft
2 1 (20.00%) Cognos
2 1 (20.00%) IBM
2 1 (20.00%) MicroStrategy
2 1 (20.00%) Oracle
2 1 (20.00%) SAP
2 1 (20.00%) Tableau
2 1 (20.00%) TIBCO