Period
to 19 February 2018

The following table provides summary statistics for contract job vacancies advertised in England 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 19 February 2018 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
UK > England
6 months to
19 Feb 2018
Same period 2017 Same period 2016
Rank 693 657 709
Rank change year-on-year -36 +52 -26
Contract jobs citing Economics 135 160 133
As % of all contract IT jobs advertised in England 0.15% 0.18% 0.13%
As % of the Processes & Methodologies category 0.17% 0.22% 0.16%
Number of daily rates quoted 93 102 96
England median daily rate £500 £533 £400
Median daily rate % change year-on-year -6.10% +33.13% -
10th Percentile £261 £306 £243
90th Percentile £675 £735 £631
UK median daily rate £495 £500 £400
% change year-on-year -1.00% +25.00% +0.20%
Number of hourly rates quoted 2 6 4
England median hourly rate £28.75 £30.00 £9.39
Median hourly rate % change year-on-year -4.17% +219.49% -
10th Percentile £26.18 £23.31 £8.56
90th Percentile £31.13 £33.75 £16.82
UK median hourly rate £28.75 £30.00 £9.39
% change year-on-year -4.17% +219.49% -

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 England with a requirement for process or methodology skills.

All Process and Methodology Skills
England
Contract vacancies with a requirement for process or methodology skills 78,418 73,610 82,267
As % of all contract IT jobs advertised in England 84.81% 84.02% 82.98%
Number of daily rates quoted 52,868 49,084 54,296
England median daily rate £450 £438 £425
Median daily rate % change year-on-year +2.86% +2.94% +4.29%
10th Percentile £295 £269 £263
90th Percentile £638 £625 £606
UK median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 1,879 2,021 2,430
England median hourly rate £24.09 £25.00 £23.50
Median hourly rate % change year-on-year -3.64% +6.38% +17.50%
10th Percentile £11.50 £11.38 £11.33
90th Percentile £50.50 £49.46 £50.00
UK median hourly rate £24.00 £25.00 £24.25
% change year-on-year -4.00% +3.09% +21.25%

Economics
Job Vacancy Trend in England

Job postings citing Economics as a percentage of all IT jobs advertised in England.

Job vacancy trend for Economics in England

Economics
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Economics in England

Economics
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Economics in England over the 6 months to 19 February 2018.

Contractor daily rate histogram for Economics in England

Economics
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for Economics in England

Economics
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the England region over the 6 months to 19 February 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -57 97 £575 -4.17% 29
South East -24 19 £363 -0.68% 7
North of England +41 11 £440 +3.17% 8
Yorkshire +7 9 £440 -18.37% 5
Midlands -1 4 £390 -40.00% 1
East Midlands +3 3 £390 -4.29%
North West +14 2 £425 - 2
East of England - 2 £363 - 2
South West +12 1 - -
West Midlands +5 1 - - 1
Economics
UK

For the 6 months to 19 February 2018, IT contractor jobs citing Economics also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region with a requirement for Economics.

1 68 (50.37%) Degree
2 66 (48.89%) Finance
3 58 (42.96%) Analytical Skills
4 47 (34.81%) Statistics
5 46 (34.07%) SQL
6 45 (33.33%) Mathematics
7 42 (31.11%) Banking
8 40 (29.63%) Agile Software Development
9 37 (27.41%) Analytics
10 33 (24.44%) Project Management
11 29 (21.48%) Data Quality
12 25 (18.52%) Java
12 25 (18.52%) Investment Banking
12 25 (18.52%) Operations Research
13 24 (17.78%) Virtual Team
14 22 (16.30%) Marketing
14 22 (16.30%) Fixed Income
15 21 (15.56%) Hibernate
15 21 (15.56%) Workflow
15 21 (15.56%) Stakeholder Management
15 21 (15.56%) J2SE
15 21 (15.56%) Spring
15 21 (15.56%) Data Science
15 21 (15.56%) Open Source
16 20 (14.81%) R
17 19 (14.07%) Computer Science
17 19 (14.07%) Microsoft Excel
18 18 (13.33%) Python
18 18 (13.33%) SAS
18 18 (13.33%) Software Engineering

Economics
Co-occurring IT Skills in England 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 18 (13.33%) SAS
2 4 (2.96%) Apache
2 4 (2.96%) Apache Airflow
2 4 (2.96%) Apache Spark
3 3 (2.22%) WebSphere
4 1 (0.74%) Elasticsearch
Applications
1 19 (14.07%) Microsoft Excel
2 10 (7.41%) Microsoft PowerPoint
3 5 (3.70%) Microsoft Office
3 5 (3.70%) SPSS
4 3 (2.22%) MS Visio
5 2 (1.48%) EViews
6 1 (0.74%) Spreadsheet
6 1 (0.74%) Stata
Business Applications
1 6 (4.44%) ION MarketView
1 6 (4.44%) Salesforce.com CRM
2 3 (2.22%) Oracle Financials
2 3 (2.22%) Oracle Retail
2 3 (2.22%) PeopleSoft Financials
3 2 (1.48%) Dynamics CRM
4 1 (0.74%) SAP PP
Cloud Services
1 2 (1.48%) Adobe Analytics
1 2 (1.48%) Google Analytics
2 1 (0.74%) Google Cloud Platform
2 1 (0.74%) Google Tag Manager
2 1 (0.74%) Microsoft Azure
Communications & Networking
1 2 (1.48%) SMS
2 1 (0.74%) Network Security
Database & Business Intelligence
1 13 (9.63%) Big Data
2 12 (8.89%) Data Warehouse
2 12 (8.89%) Relational Database
3 9 (6.67%) Hadoop
4 8 (5.93%) SQL Server
5 6 (4.44%) Power BI
5 6 (4.44%) RDBMS
6 4 (2.96%) Electronic Patient Records
7 3 (2.22%) OLAP
7 3 (2.22%) PowerPivot
8 2 (1.48%) Data Mining
8 2 (1.48%) NoSQL
8 2 (1.48%) PowerCenter
8 2 (1.48%) SAS EBI
8 2 (1.48%) SQL Server Analysis Services
8 2 (1.48%) SQL Server Integration Services
8 2 (1.48%) SQL Server Reporting Services
9 1 (0.74%) Apache Hive
9 1 (0.74%) BigQuery
9 1 (0.74%) Oracle Database
Development Applications
1 2 (1.48%) NUnit
1 2 (1.48%) Rational Rhapsody
2 1 (0.74%) JIRA
2 1 (0.74%) LSMW
General
1 66 (48.89%) Finance
2 42 (31.11%) Banking
3 25 (18.52%) Investment Banking
4 22 (16.30%) Marketing
5 8 (5.93%) Financial Institution
6 7 (5.19%) Front Office
6 7 (5.19%) Pharmaceutical
6 7 (5.19%) Retail
7 6 (4.44%) Telecoms
8 4 (2.96%) Advertising
8 4 (2.96%) Legal
9 3 (2.22%) Retail Banking
10 1 (0.74%) Manufacturing
Job Titles
1 45 (33.33%) Analyst
2 29 (21.48%) Developer
3 21 (15.56%) Java Developer
4 16 (11.85%) Business Analyst
5 14 (10.37%) Agile Developer
5 14 (10.37%) Agile Java Developer
5 14 (10.37%) Data Analyst
6 11 (8.15%) Systems Developer
7 10 (7.41%) Project Manager
7 10 (7.41%) Senior Manager
8 9 (6.67%) Data Scientist
9 8 (5.93%) Architect
9 8 (5.93%) Senior Analyst
10 6 (4.44%) Electronic Trading Business Analyst
10 6 (4.44%) Fixed Income Business Analyst
10 6 (4.44%) Investment Banking Business Analyst
10 6 (4.44%) Salesforce Developer
11 5 (3.70%) Risk Analyst
11 5 (3.70%) Senior Data Scientist
12 4 (2.96%) Solutions Analyst
Libraries, Frameworks & Software Standards
1 21 (15.56%) Hibernate
1 21 (15.56%) J2SE
1 21 (15.56%) Spring
2 4 (2.96%) HTML
3 3 (2.22%) .NET
3 3 (2.22%) CSS
3 3 (2.22%) HTML5
3 3 (2.22%) WPF
4 2 (1.48%) MDX
4 2 (1.48%) Reactive Extensions
4 2 (1.48%) Silverlight
5 1 (0.74%) AngularJS
5 1 (0.74%) Kafka
5 1 (0.74%) LESS
5 1 (0.74%) Sass
5 1 (0.74%) WinForms
Miscellaneous
1 58 (42.96%) Analytical Skills
2 24 (17.78%) Virtual Team
3 22 (16.30%) Fixed Income
4 19 (14.07%) Computer Science
5 10 (7.41%) Credit Risk
6 9 (6.67%) Greenfield Project
7 6 (4.44%) User Experience
8 5 (3.70%) Foreign Exchange (FX)
8 5 (3.70%) Management Information System
8 5 (3.70%) NHS
9 4 (2.96%) Derivative
9 4 (2.96%) Life Science
10 2 (1.48%) Algorithms
10 2 (1.48%) Analytical Mindset
10 2 (1.48%) Credit Derivative
10 2 (1.48%) Data Structures
10 2 (1.48%) Equities
10 2 (1.48%) Market Risk
10 2 (1.48%) Replication
10 2 (1.48%) RIA
Operating Systems
1 4 (2.96%) Linux
2 2 (1.48%) Unix
2 2 (1.48%) Windows
2 2 (1.48%) Windows Server
Processes & Methodologies
1 47 (34.81%) Statistics
2 45 (33.33%) Mathematics
3 40 (29.63%) Agile Software Development
4 37 (27.41%) Analytics
5 33 (24.44%) Project Management
6 25 (18.52%) Operations Research
7 21 (15.56%) Data Science
7 21 (15.56%) Open Source
7 21 (15.56%) Stakeholder Management
7 21 (15.56%) Workflow
8 18 (13.33%) SDLC
8 18 (13.33%) Software Engineering
9 17 (12.59%) Stakeholder Engagement
10 15 (11.11%) CRM
10 15 (11.11%) Data Migration
10 15 (11.11%) Migration
11 14 (10.37%) Business Intelligence
11 14 (10.37%) Data Analysis
11 14 (10.37%) E-Commerce
11 14 (10.37%) Technical Analysis
Programming Languages
1 46 (34.07%) SQL
2 25 (18.52%) Java
3 20 (14.81%) R
4 18 (13.33%) Python
5 7 (5.19%) C#
6 5 (3.70%) JavaScript
7 4 (2.96%) C++
7 4 (2.96%) PL/SQL
8 3 (2.22%) VBA
9 2 (1.48%) C
9 2 (1.48%) Shell Script
9 2 (1.48%) T-SQL
9 2 (1.48%) XAML
10 1 (0.74%) Scala
10 1 (0.74%) VB
Qualifications
1 68 (50.37%) Degree
2 10 (7.41%) Numerate Degree
2 10 (7.41%) PhD
3 9 (6.67%) Master's Degree
4 6 (4.44%) BPSS Clearance
5 5 (3.70%) Security Cleared
6 4 (2.96%) SC Cleared
7 3 (2.22%) Computer Science Degree
8 1 (0.74%) ACCA
8 1 (0.74%) CCIE
8 1 (0.74%) CIMA
8 1 (0.74%) Cisco Certification
8 1 (0.74%) CISM
8 1 (0.74%) CREST Certified
8 1 (0.74%) CRISC
8 1 (0.74%) MBA
8 1 (0.74%) Postgraduate
8 1 (0.74%) PRINCE2 Certification
8 1 (0.74%) SANS
8 1 (0.74%) SAS Certification
Quality Assurance & Compliance
1 29 (21.48%) Data Quality
2 5 (3.70%) Disclosure Scotland
2 5 (3.70%) IFRS
3 4 (2.96%) GDPR
3 4 (2.96%) SLA
4 3 (2.22%) Basel II
5 2 (1.48%) IFRS 9
5 2 (1.48%) MiFID
5 2 (1.48%) PMO
5 2 (1.48%) QA
5 2 (1.48%) Solvency II
6 1 (0.74%) GxP
6 1 (0.74%) ISO/IEC 27001
6 1 (0.74%) PCI DSS
Systems Management
1 1 (0.74%) Kibana
Vendors
1 11 (8.15%) Tableau
2 10 (7.41%) Salesforce.com
3 9 (6.67%) Oracle
4 8 (5.93%) SAP
5 7 (5.19%) Microsoft
6 6 (4.44%) ION Trading
7 4 (2.96%) Talend
8 3 (2.22%) Adobe
8 3 (2.22%) Alteryx
8 3 (2.22%) ATG
8 3 (2.22%) Cognos
8 3 (2.22%) Hyperion
8 3 (2.22%) PeopleSoft
8 3 (2.22%) Retek
8 3 (2.22%) Yardi
9 2 (1.48%) Algorithmics
9 2 (1.48%) Google
9 2 (1.48%) Informatica
9 2 (1.48%) Murex
10 1 (0.74%) Coremetrics