The following table provides summary statistics for contract job vacancies advertised in Birmingham with a requirement for Economics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Economics over the 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.
Economics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Birmingham with a requirement for process or methodology skills.
Contract vacancies with a requirement for process or methodology skills |
638 |
798 |
1,225 |
As % of all contract IT jobs advertised in Birmingham |
83.40% |
88.27% |
92.24% |
Number of daily rates quoted |
417 |
536 |
890 |
10th Percentile |
£245 |
£263 |
£213 |
25th Percentile |
£363 |
£388 |
£366 |
Median daily rate (50th Percentile) |
£462 |
£513 |
£475 |
Median % change year-on-year |
-9.85% |
+7.89% |
+11.76% |
75th Percentile |
£575 |
£625 |
£594 |
90th Percentile |
£675 |
£700 |
£688 |
West Midlands median daily rate |
£500 |
£510 |
£484 |
% change year-on-year |
-1.96% |
+5.43% |
+16.75% |
Number of hourly rates quoted |
44 |
27 |
24 |
10th Percentile |
£13.20 |
£11.00 |
£12.15 |
25th Percentile |
£17.75 |
£12.50 |
£13.94 |
Median hourly rate |
£27.25 |
£15.00 |
£17.24 |
Median % change year-on-year |
+81.67% |
-12.99% |
-4.22% |
75th Percentile |
£48.75 |
£26.50 |
£18.00 |
90th Percentile |
£56.25 |
£71.25 |
£20.00 |
West Midlands median hourly rate |
£22.50 |
£17.72 |
£16.66 |
% change year-on-year |
+26.98% |
+6.35% |
-4.79% |