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 3 months to 25 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Economics
London / City of London
Rank 152 155 186
Rank change year-on-year +3 +31  
Contract jobs citing Economics 3 4 9
As % of all contract IT jobs advertised in the City of London 0.099% 0.12% 0.18%
As % of the Processes & Methodologies category 0.12% 0.14% 0.22%
Number of daily rates quoted 2 4 9
Median daily rate £508 £500 £600
Median daily rate % change year-on-year +1.50% -16.66%  
90% offered a daily rate of more than £434 £465 £390
10% offered a daily rate of more than £582 £553 £630
UK excluding London median daily rate £408 £375 £347
% change year-on-year +8.66% +7.91%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £125.00 - -

Economics is in the process and methodology skills category. The next 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 and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2590 2921 4181
As % of all contract IT job vacancies advertised in the City of London 85.48% 87.82% 82.55%
Number of daily rates quoted 2034 2334 3226
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £345 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% +0.06%  
Number of hourly rates quoted 22 27 36
Median hourly rate £16.00 £20.89 £20.45
Median hourly rate % change year-on-year -23.40% +2.17%  
90% offered a hourly rate of more than £13.50 £14.20 £12.50
10% offered a hourly rate of more than £28.35 £47.50 £92.50
UK excluding London median hourly rate £36.00 £38.75 £30.00
% change year-on-year -7.09% +29.16%  

Economics
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Economics as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

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 3 months to 25 March 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 hourly rates quoted in IT contractor jobs citing Economics in the City of London.

Contractor hourly rate trend for Economics in the City of London

Economics
Top 30 Related IT Skills in the City of London

For the 6 months to 25 March 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 5 (83.33%) Finance
2 4 (66.67%) SQL
2 4 (66.67%) Statistics
2 4 (66.67%) Degree
2 4 (66.67%) Credit Risk
2 4 (66.67%) Analytics
2 4 (66.67%) Analytical Skills
3 3 (50.00%) Hadoop
3 3 (50.00%) R
3 3 (50.00%) Computer Science
3 3 (50.00%) Banking
3 3 (50.00%) Java
3 3 (50.00%) SAS
4 2 (33.33%) BusinessObjects
4 2 (33.33%) SPSS
4 2 (33.33%) Tivoli
4 2 (33.33%) Benchmarking
4 2 (33.33%) Stakeholder Management
4 2 (33.33%) Teradata
4 2 (33.33%) Data Modelling
4 2 (33.33%) Unix
4 2 (33.33%) Data Warehouse
4 2 (33.33%) Oracle
4 2 (33.33%) SAP
4 2 (33.33%) Pair Programming
4 2 (33.33%) Front Office
4 2 (33.33%) Agile Software Development
4 2 (33.33%) Investment Banking
4 2 (33.33%) Mathematics
4 2 (33.33%) Data Management

Economics
Top Related 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 3 (50.00%) SAS
2 2 (33.33%) Apache Pig
2 2 (33.33%) Apache Spark
Applications
1 2 (33.33%) SPSS
Cloud Services
1 1 (16.67%) Google Analytics
Database & Business Intelligence
1 3 (50.00%) Hadoop
2 2 (33.33%) Apache Hive
2 2 (33.33%) BusinessObjects
2 2 (33.33%) Data Warehouse
2 2 (33.33%) Impala
2 2 (33.33%) SAS Visual Analytics
General
1 5 (83.33%) Finance
2 3 (50.00%) Banking
3 2 (33.33%) Front Office
3 2 (33.33%) Investment Banking
4 1 (16.67%) Corporate Banking
4 1 (16.67%) Retail
4 1 (16.67%) Retail Banking
4 1 (16.67%) Wholesale Banking
Job Titles
1 3 (50.00%) Analyst
2 2 (33.33%) Data Analyst
2 2 (33.33%) Developer
3 1 (16.67%) Angular Developer
3 1 (16.67%) Credit Risk Developer
3 1 (16.67%) Credit Risk Java Developer
3 1 (16.67%) Financial Analyst
3 1 (16.67%) Investment Banking Java Developer
3 1 (16.67%) Java Developer
3 1 (16.67%) JavaScript Developer
3 1 (16.67%) SAS Analyst
3 1 (16.67%) Service Analyst
3 1 (16.67%) Strategy Analyst
3 1 (16.67%) UI Developer
Libraries, Frameworks & Software Standards
1 1 (16.67%) AngularJS
1 1 (16.67%) CSS
1 1 (16.67%) Hibernate
1 1 (16.67%) HTML
1 1 (16.67%) HTML5
1 1 (16.67%) J2SE
1 1 (16.67%) React
1 1 (16.67%) Spring
Miscellaneous
1 4 (66.67%) Analytical Skills
1 4 (66.67%) Credit Risk
2 3 (50.00%) Computer Science
3 1 (16.67%) Derivative
3 1 (16.67%) Equity Derivative
3 1 (16.67%) Fintech
3 1 (16.67%) Foreign Exchange (FX)
Operating Systems
1 2 (33.33%) Unix
Processes & Methodologies
1 4 (66.67%) Analytics
1 4 (66.67%) Statistics
2 2 (33.33%) Agile Software Development
2 2 (33.33%) Benchmarking
2 2 (33.33%) Data Management
2 2 (33.33%) Data Modelling
2 2 (33.33%) Knowledge Discovery
2 2 (33.33%) Mathematics
2 2 (33.33%) Operations Research
2 2 (33.33%) Pair Programming
2 2 (33.33%) Project Planning
2 2 (33.33%) Risk Analytics
2 2 (33.33%) Stakeholder Management
2 2 (33.33%) Visual Analytics
3 1 (16.67%) Business Intelligence
3 1 (16.67%) E-Commerce
3 1 (16.67%) ETL
3 1 (16.67%) Event-Driven Architecture
3 1 (16.67%) Project Management
3 1 (16.67%) Risk Management
Programming Languages
1 4 (66.67%) SQL
2 3 (50.00%) Java
2 3 (50.00%) R
3 1 (16.67%) C#
3 1 (16.67%) C++
3 1 (16.67%) JavaScript
3 1 (16.67%) TypeScript
Qualifications
1 4 (66.67%) Degree
Quality Assurance & Compliance
1 2 (33.33%) Data Quality
2 1 (16.67%) IFRS
2 1 (16.67%) IFRS 9
Systems Management
1 2 (33.33%) Tivoli
Vendors
1 2 (33.33%) Oracle
1 2 (33.33%) SAP
1 2 (33.33%) Teradata
2 1 (16.67%) Google
2 1 (16.67%) Tableau