Digital Economy (Web Economy, New Economy)
Central London > City of London
The table below looks at the prevalence of the term Digital Economy in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Digital Economy over the 6 months to 26 April 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 26 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 169 | 197 |
| Rank change year-on-year | - | +28 | - |
| Contract jobs citing Digital Economy | 0 | 3 | 1 |
| As % of all contract jobs advertised in the City of London | - | 0.082% | 0.024% |
| As % of the General category | - | 0.13% | 0.041% |
| Number of daily rates quoted | 0 | 3 | 1 |
| 10th Percentile | - | £423 | - |
| 25th Percentile | - | £438 | £563 |
| Median daily rate (50th Percentile) | - | £475 | £575 |
| Median % change year-on-year | - | -17.39% | - |
| 75th Percentile | - | £513 | £588 |
| 90th Percentile | - | £528 | - |
| Central London median daily rate | - | £475 | £575 |
| % change year-on-year | - | -17.39% | - |
All General Skills
City of London
Digital Economy is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for common skills.
| Contract vacancies with a requirement for common skills | 1,464 | 2,278 | 2,434 |
| As % of all contract IT jobs advertised in the City of London | 66.15% | 62.31% | 57.54% |
| Number of daily rates quoted | 1,042 | 1,595 | 1,775 |
| 10th Percentile | £340 | £363 | £358 |
| 25th Percentile | £450 | £500 | £475 |
| Median daily rate (50th Percentile) | £575 | £600 | £575 |
| Median % change year-on-year | -4.17% | +4.35% | +4.55% |
| 75th Percentile | £694 | £738 | £680 |
| 90th Percentile | £800 | £825 | £775 |
| Central London median daily rate | £560 | £600 | £570 |
| % change year-on-year | -6.67% | +5.26% | +6.05% |
| Number of hourly rates quoted | 10 | 14 | 26 |
| 10th Percentile | £19.53 | £15.83 | £18.50 |
| 25th Percentile | £20.22 | £20.42 | £21.00 |
| Median hourly rate | £24.00 | £43.25 | £44.50 |
| Median % change year-on-year | -44.51% | -2.81% | +154.29% |
| 75th Percentile | £27.38 | £57.50 | £57.00 |
| 90th Percentile | £52.60 | £58.75 | £64.13 |
| Central London median hourly rate | £25.00 | £35.00 | £44.50 |
| % change year-on-year | -28.57% | -21.35% | +122.50% |
Digital Economy
Job Vacancy Trend in the City of London
Job postings citing Digital Economy as a proportion of all IT jobs advertised in the City of London.
Digital Economy
Contractor Daily Rate Trend in the City of London
3-month moving average daily rate quoted in jobs citing Digital Economy in the City of London.