Period
to 20 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London 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 20 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Economics
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 232 232 262
Rank change year-on-year 0 +30 +28
Contract jobs citing Economics 14 16 10
As % of all contract IT jobs advertised in the City of London 0.20% 0.24% 0.11%
As % of the Processes & Methodologies category 0.22% 0.28% 0.13%
Number of daily rates quoted 8 10 7
City of London median daily rate £613 £295 £455
Median daily rate % change year-on-year +107.63% -35.16% +4.00%
10th Percentile £471 £268 £348
90th Percentile £843 £495 £630
Central London median daily rate £625 £295 £455
% change year-on-year +111.86% -35.16% +1.11%
Number of hourly rates quoted 1 1 0
City of London median hourly rate £28.00 £17.25 -
Median hourly rate % change year-on-year +62.32% - -
Central London median hourly rate £28.00 £17.25 -
% change year-on-year +62.32% - -

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 the City of London with a requirement for process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6257 5765 7677
As % of all contract IT jobs advertised in the City of London 88.28% 87.41% 83.98%
Number of daily rates quoted 4969 4616 6106
City of London median daily rate £513 £475 £465
Median daily rate % change year-on-year +7.89% +2.15% +3.33%
10th Percentile £325 £313 £288
90th Percentile £688 £664 £650
Central London median daily rate £500 £475 £455
% change year-on-year +5.26% +4.40% +1.11%
Number of hourly rates quoted 59 53 74
City of London median hourly rate £20.00 £20.00 £21.13
Median hourly rate % change year-on-year - -5.33% +11.18%
10th Percentile £13.34 £13.75 £10.91
90th Percentile £30.90 £54.03 £45.15
Central London median hourly rate £20.25 £19.46 £21.00
% change year-on-year +4.06% -7.33% +16.73%

Economics
Job Vacancy Trend in the City of London

Job postings citing Economics as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Economics in the City of London

Economics
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Economics in the City of London.

Contractor daily rate trend for Economics in the City of London

Economics
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Economics in the City of London over the 6 months to 20 November 2017.

Contractor daily rate histogram for Economics in the City of London

Economics
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Economics in the City of London.

Contractor hourly rate trend for Economics in the City of London

For the 6 months to 20 November 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 City of London region with a requirement for Economics.

1 8 (57.14%) Finance
2 5 (35.71%) TDD
2 5 (35.71%) Statistics
3 4 (28.57%) Service Delivery
3 4 (28.57%) Business Intelligence
3 4 (28.57%) Marketing
3 4 (28.57%) Mathematics
3 4 (28.57%) Continuous Integration
3 4 (28.57%) R
3 4 (28.57%) Continuous Improvement
3 4 (28.57%) Analytical Skills
4 3 (21.43%) User Experience
4 3 (21.43%) TypeScript
4 3 (21.43%) AngularJS
4 3 (21.43%) Analytics
4 3 (21.43%) Agile Software Development
4 3 (21.43%) Degree
4 3 (21.43%) E-Commerce
4 3 (21.43%) JavaScript
4 3 (21.43%) SQL
4 3 (21.43%) HTML
4 3 (21.43%) CSS
4 3 (21.43%) Python
4 3 (21.43%) Front Office
4 3 (21.43%) Econometrics
5 2 (14.29%) Project Management
5 2 (14.29%) Fixed Income
5 2 (14.29%) Risk Management
5 2 (14.29%) Advertising
5 2 (14.29%) ATG

Economics
Co-occurring IT Skills in the City of London 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 2 (14.29%) WebSphere
Applications
1 1 (7.14%) Microsoft Excel
1 1 (7.14%) Microsoft PowerPoint
1 1 (7.14%) Spreadsheet
Business Applications
1 2 (14.29%) Oracle Financials
1 2 (14.29%) Oracle Retail
1 2 (14.29%) PeopleSoft Financials
Database & Business Intelligence
1 2 (14.29%) Big Data
1 2 (14.29%) Hadoop
2 1 (7.14%) OLAP
2 1 (7.14%) OLTP
2 1 (7.14%) Power BI
2 1 (7.14%) PowerPivot
2 1 (7.14%) Relational Database
General
1 8 (57.14%) Finance
2 4 (28.57%) Marketing
3 3 (21.43%) Front Office
4 2 (14.29%) Advertising
4 2 (14.29%) Retail
5 1 (7.14%) Banking
Job Titles
1 4 (28.57%) Architect
2 2 (14.29%) Analyst
2 2 (14.29%) Data Scientist
2 2 (14.29%) Senior Data Scientist
2 2 (14.29%) Solutions Architect
3 1 (7.14%) Credit Risk Business Analyst
3 1 (7.14%) Credit Risk Manager
3 1 (7.14%) Credit Risk Project Manager
3 1 (7.14%) CSS Developer
3 1 (7.14%) Cyberthreat Manager
3 1 (7.14%) Data Analyst
3 1 (7.14%) HTML CSS Developer
3 1 (7.14%) HTML Developer
3 1 (7.14%) Marketing Analyst
3 1 (7.14%) Oracle Architect
3 1 (7.14%) Oracle Solutions Architect
3 1 (7.14%) Risk Business Analyst
3 1 (7.14%) Risk Manager
3 1 (7.14%) Risk Project Manager
3 1 (7.14%) Services Director
Libraries, Frameworks & Software Standards
1 3 (21.43%) AngularJS
1 3 (21.43%) CSS
1 3 (21.43%) HTML
2 2 (14.29%) React
3 1 (7.14%) HTML5
3 1 (7.14%) LESS
3 1 (7.14%) Sass
Miscellaneous
1 4 (28.57%) Analytical Skills
2 3 (21.43%) User Experience
3 2 (14.29%) Computer Science
3 2 (14.29%) Derivative
3 2 (14.29%) Equity Derivative
3 2 (14.29%) Fixed Income
3 2 (14.29%) Foreign Exchange (FX)
3 2 (14.29%) NHS
4 1 (7.14%) Credit Risk
4 1 (7.14%) Cyber Attack
4 1 (7.14%) Cyberthreat
4 1 (7.14%) Data Structures
4 1 (7.14%) Exotic Derivative
4 1 (7.14%) Management Information System
4 1 (7.14%) Market Risk
4 1 (7.14%) Social Media
4 1 (7.14%) Swaptions
Processes & Methodologies
1 5 (35.71%) Statistics
1 5 (35.71%) TDD
2 4 (28.57%) Business Intelligence
2 4 (28.57%) Continuous Improvement
2 4 (28.57%) Continuous Integration
2 4 (28.57%) Mathematics
2 4 (28.57%) Service Delivery
3 3 (21.43%) Agile Software Development
3 3 (21.43%) Analytics
3 3 (21.43%) E-Commerce
3 3 (21.43%) Econometrics
4 2 (14.29%) ArchiMate
4 2 (14.29%) BPMN
4 2 (14.29%) Deep Learning
4 2 (14.29%) Monte Carlo Method
4 2 (14.29%) Operations Research
4 2 (14.29%) Risk Management
4 2 (14.29%) TOGAF
4 2 (14.29%) Waterfall
4 2 (14.29%) Zachman Framework
Programming Languages
1 4 (28.57%) R
2 3 (21.43%) JavaScript
2 3 (21.43%) Python
2 3 (21.43%) SQL
2 3 (21.43%) TypeScript
3 1 (7.14%) C#
3 1 (7.14%) Java
Qualifications
1 3 (21.43%) Degree
2 2 (14.29%) PhD
3 1 (7.14%) CREST Certified
3 1 (7.14%) Numerate Degree
3 1 (7.14%) SANS
3 1 (7.14%) Security Cleared
Vendors
1 2 (14.29%) ATG
1 2 (14.29%) Hyperion
1 2 (14.29%) Oracle
1 2 (14.29%) PeopleSoft
1 2 (14.29%) Retek
1 2 (14.29%) Tableau
2 1 (7.14%) Microsoft
2 1 (7.14%) Murex
2 1 (7.14%) Salesforce.com
2 1 (7.14%) Workday