Period
to 25 May 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 25 May 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
25 May 2018
Same period 2017 Same period 2016
Rank 756 629 761
Rank change year-on-year -127 +132 -86
Contract jobs citing Economics 93 171 99
As % of all contract IT jobs advertised in England 0.10% 0.20% 0.10%
As % of the Processes & Methodologies category 0.12% 0.24% 0.12%
Number of daily rates quoted 58 123 80
England median daily rate £390 £480 £414
Median daily rate % change year-on-year -18.75% +16.01% +4.95%
10th Percentile £156 £311 £300
90th Percentile £650 £675 £588
UK median daily rate £380 £500 £413
% change year-on-year -24.00% +21.21% +10.00%
Number of hourly rates quoted 3 3 2
England median hourly rate £13.00 £30.00 £9.39
Median hourly rate % change year-on-year -56.67% +219.49% -35.88%
UK median hourly rate £13.75 £30.00 £9.39
% change year-on-year -54.17% +219.49% -35.88%

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 79,687 70,828 81,895
As % of all contract IT jobs advertised in England 85.88% 84.79% 84.15%
Number of daily rates quoted 52,911 46,750 54,547
England median daily rate £463 £450 £425
Median daily rate % change year-on-year +2.78% +5.88% +4.42%
10th Percentile £300 £275 £263
90th Percentile £638 £625 £613
UK median daily rate £450 £438 £425
% change year-on-year +2.86% +2.94% +6.25%
Number of hourly rates quoted 2,109 1,871 2,115
England median hourly rate £22.00 £25.50 £23.00
Median hourly rate % change year-on-year -13.73% +10.87% +9.52%
10th Percentile £11.18 £11.60 £11.63
90th Percentile £50.00 £51.50 £50.64
UK median hourly rate £22.00 £25.00 £25.00
% change year-on-year -12.00% - +19.05%

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 25 May 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 25 May 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 -102 59 £475 -15.56% 24
South East -32 24 £264 -27.62% 10
North of England -29 4 £370 -12.94% 11
Midlands -9 3 £360 -44.62% 1
Yorkshire -23 3 £440 +2.80% 9
East Midlands - 3 £360 -
East of England - 2 £363 - 2
South West +4 1 - -
North West -18 1 £300 -29.41% 2
Economics
UK

For the 6 months to 25 May 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 61 (65.59%) Degree
2 45 (48.39%) Mathematics
3 43 (46.24%) Analytical Skills
4 42 (45.16%) Finance
5 37 (39.78%) Analytics
6 36 (38.71%) SQL
7 34 (36.56%) Statistics
8 26 (27.96%) Microsoft Excel
9 22 (23.66%) Computer Science
10 21 (22.58%) SAS
11 19 (20.43%) Agile Software Development
11 19 (20.43%) Marketing
12 18 (19.35%) Python
13 17 (18.28%) Project Management
13 17 (18.28%) R
14 16 (17.20%) Data Science
15 15 (16.13%) Decision-Making
15 15 (16.13%) Microsoft PowerPoint
16 14 (15.05%) Stakeholder Management
16 14 (15.05%) Numerate Degree
16 14 (15.05%) Data Quality
17 13 (13.98%) Retail
17 13 (13.98%) CRM
17 13 (13.98%) Data Analysis
18 11 (11.83%) ETL
19 10 (10.75%) Operations Research
19 10 (10.75%) Problem-Solving
20 9 (9.68%) Banking
20 9 (9.68%) Data Extraction
21 8 (8.60%) Business Intelligence

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 21 (22.58%) SAS
2 5 (5.38%) Apache
3 4 (4.30%) Apache Airflow
3 4 (4.30%) SharePoint
4 3 (3.23%) Apache Spark
Applications
1 26 (27.96%) Microsoft Excel
2 15 (16.13%) Microsoft PowerPoint
3 7 (7.53%) Microsoft Office
4 5 (5.38%) SPSS
5 2 (2.15%) MS Visio
6 1 (1.08%) Microsoft Project
Business Applications
1 1 (1.08%) Dynamics NAV
1 1 (1.08%) SAP PP
Cloud Services
1 3 (3.23%) Google Analytics
2 2 (2.15%) Firebase
3 1 (1.08%) Microsoft Azure
3 1 (1.08%) PaaS
Communications & Networking
1 1 (1.08%) RTMP
1 1 (1.08%) SMS
Database & Business Intelligence
1 6 (6.45%) Data Warehouse
1 6 (6.45%) Relational Database
2 5 (5.38%) Big Data
3 4 (4.30%) Hadoop
3 4 (4.30%) SQL Server
4 2 (2.15%) Apache Hive
4 2 (2.15%) Base SAS
4 2 (2.15%) Electronic Patient Records
4 2 (2.15%) Maltego
4 2 (2.15%) NoSQL
4 2 (2.15%) RDBMS
4 2 (2.15%) SAS EBI
4 2 (2.15%) SQL Server Analysis Services
4 2 (2.15%) SQL Server Integration Services
5 1 (1.08%) Apache Kudu
5 1 (1.08%) BusinessObjects
5 1 (1.08%) Data Mining
5 1 (1.08%) Impala
5 1 (1.08%) Power BI
5 1 (1.08%) SAS Enterprise Guide
Development Applications
1 4 (4.30%) TeamCity
2 1 (1.08%) Git (software)
2 1 (1.08%) LSMW
General
1 42 (45.16%) Finance
2 19 (20.43%) Marketing
3 13 (13.98%) Retail
4 9 (9.68%) Banking
5 7 (7.53%) Telecoms
6 4 (4.30%) Advertising
7 3 (3.23%) Legal
7 3 (3.23%) Pharmaceutical
8 2 (2.15%) Front Office
9 1 (1.08%) Financial Institution
9 1 (1.08%) Investment Banking
9 1 (1.08%) Manufacturing
Job Titles
1 34 (36.56%) Analyst
2 14 (15.05%) Data Analyst
3 9 (9.68%) Business Analyst
3 9 (9.68%) Developer
4 8 (8.60%) Administrator
4 8 (8.60%) Insight Analyst
5 7 (7.53%) Project Manager
5 7 (7.53%) Senior Analyst
6 6 (6.45%) Data Administrator
6 6 (6.45%) Data Insight Analyst
6 6 (6.45%) Insight Data Analyst
7 5 (5.38%) .NET Developer
7 5 (5.38%) Data Scientist
8 4 (4.30%) Architect
8 4 (4.30%) Backend Developer
8 4 (4.30%) Consultant
8 4 (4.30%) Data Engineer
9 3 (3.23%) Data Architect
9 3 (3.23%) Senior Manager
10 2 (2.15%) IT Manager
Libraries, Frameworks & Software Standards
1 5 (5.38%) .NET
2 4 (4.30%) .NET Framework
2 4 (4.30%) Dapper ORM
2 4 (4.30%) Entity Framework
2 4 (4.30%) NHibernate
3 3 (3.23%) CSS
3 3 (3.23%) HTML
4 2 (2.15%) Kafka
5 1 (1.08%) AngularJS
5 1 (1.08%) HTML5
5 1 (1.08%) pytest
5 1 (1.08%) Web Services
Miscellaneous
1 43 (46.24%) Analytical Skills
2 22 (23.66%) Computer Science
3 8 (8.60%) User Experience
4 7 (7.53%) Fixed Income
5 5 (5.38%) Credit Risk
6 4 (4.30%) Management Information System
6 4 (4.30%) Self-Motivation
7 3 (3.23%) Equities
7 3 (3.23%) Over-the-Top Content
7 3 (3.23%) Video on Demand
8 2 (2.15%) Algorithms
8 2 (2.15%) Cyberattack
8 2 (2.15%) Cyberthreat
8 2 (2.15%) Derivative
8 2 (2.15%) Life Science
8 2 (2.15%) Media Streaming
8 2 (2.15%) NHS
8 2 (2.15%) Replication
8 2 (2.15%) RIA
8 2 (2.15%) Virtual Team
Operating Systems
1 6 (6.45%) Windows
2 3 (3.23%) Unix
3 2 (2.15%) Linux
3 2 (2.15%) Windows Server
Processes & Methodologies
1 45 (48.39%) Mathematics
2 37 (39.78%) Analytics
3 34 (36.56%) Statistics
4 19 (20.43%) Agile Software Development
5 17 (18.28%) Project Management
6 16 (17.20%) Data Science
7 15 (16.13%) Decision-Making
8 14 (15.05%) Stakeholder Management
9 13 (13.98%) CRM
9 13 (13.98%) Data Analysis
10 11 (11.83%) ETL
11 10 (10.75%) Operations Research
11 10 (10.75%) Problem-Solving
12 9 (9.68%) Data Extraction
13 8 (8.60%) Business Intelligence
13 8 (8.60%) OO
14 7 (7.53%) Change Control
15 6 (6.45%) Data Modelling
15 6 (6.45%) E-Commerce
15 6 (6.45%) SDLC
Programming Languages
1 36 (38.71%) SQL
2 18 (19.35%) Python
3 17 (18.28%) R
4 6 (6.45%) Java
4 6 (6.45%) PL/SQL
4 6 (6.45%) T-SQL
5 5 (5.38%) VBA
6 4 (4.30%) JavaScript
7 3 (3.23%) C++
7 3 (3.23%) Ruby
7 3 (3.23%) Shell Script
8 2 (2.15%) C
8 2 (2.15%) C#
9 1 (1.08%) Scala
Qualifications
1 61 (65.59%) Degree
2 14 (15.05%) Numerate Degree
3 7 (7.53%) PhD
4 4 (4.30%) Computer Science Degree
4 4 (4.30%) SC Cleared
4 4 (4.30%) Security Cleared
5 3 (3.23%) Master's Degree
6 2 (2.15%) BPSS Clearance
6 2 (2.15%) MBA
6 2 (2.15%) Postgraduate
7 1 (1.08%) ACCA
7 1 (1.08%) APMG
7 1 (1.08%) CIMA
7 1 (1.08%) IIBA
7 1 (1.08%) PMI Certification
7 1 (1.08%) PRINCE2 Certification
7 1 (1.08%) SAS Certification
Quality Assurance & Compliance
1 14 (15.05%) Data Quality
2 5 (5.38%) SLA
3 4 (4.30%) IFRS
4 3 (3.23%) PMO
4 3 (3.23%) Solvency II
5 2 (2.15%) Disclosure Scotland
5 2 (2.15%) QA
6 1 (1.08%) EMIR
6 1 (1.08%) GDPR
6 1 (1.08%) GxP
Vendors
1 7 (7.53%) Oracle
1 7 (7.53%) Tableau
2 6 (6.45%) Microsoft
3 3 (3.23%) Alteryx
3 3 (3.23%) Google
3 3 (3.23%) IBM
3 3 (3.23%) Splunk
4 2 (2.15%) Algorithmics
4 2 (2.15%) Cloudera
4 2 (2.15%) HP
4 2 (2.15%) Pega
4 2 (2.15%) SAP
4 2 (2.15%) Talend
5 1 (1.08%) Adobe
5 1 (1.08%) Capita
5 1 (1.08%) Cognos
5 1 (1.08%) Coremetrics
5 1 (1.08%) Murex
5 1 (1.08%) Salesforce.com
5 1 (1.08%) SunGard