Period
to 21 August 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 21 August 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
21 Aug 2018
Same period 2017 Same period 2016
Rank 728 681 740
Rank change year-on-year -47 +59 -27
Contract jobs citing Economics 112 153 133
As % of all contract IT jobs advertised in England 0.12% 0.17% 0.13%
As % of the Processes & Methodologies category 0.14% 0.20% 0.16%
Number of daily rates quoted 82 108 106
England median daily rate £395 £560 £398
Median daily rate % change year-on-year -29.46% +40.88% +6.00%
10th Percentile £127 £352 £243
90th Percentile £688 £625 £613
UK median daily rate £400 £563 £400
% change year-on-year -28.89% +40.63% +6.67%
Number of hourly rates quoted 6 2 0
England median hourly rate £19.75 £32.00 -
Median hourly rate % change year-on-year -38.28% - -
UK median hourly rate £18.87 £32.00 -
% change year-on-year -41.03% - -

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 80,429 75,773 85,341
As % of all contract IT jobs advertised in England 86.27% 85.76% 85.04%
Number of daily rates quoted 53,516 49,967 56,950
England median daily rate £463 £450 £425
Median daily rate % change year-on-year +2.78% +5.88% +3.66%
10th Percentile £300 £281 £264
90th Percentile £638 £625 £606
UK median daily rate £450 £450 £425
% change year-on-year - +5.88% +6.25%
Number of hourly rates quoted 2,176 1,868 2,067
England median hourly rate £21.33 £24.00 £23.50
Median hourly rate % change year-on-year -11.15% +2.13% +9.05%
10th Percentile £11.18 £11.25 £11.69
90th Percentile £50.00 £50.00 £47.83
UK median hourly rate £21.00 £25.00 £23.50
% change year-on-year -16.00% +6.38% +9.05%

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 21 August 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
Contractor Hourly Rate Histogram in England

The hourly rate distribution of IT jobs citing Economics in England over the 6 months to 21 August 2018.

Contractor hourly rate histogram 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 21 August 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 -60 69 £500 -13.04% 22
South East -19 31 £367 +1.24% 4
Midlands -12 5 £350 +7.69% 5
Yorkshire -16 5 £395 -4.82% 3
North of England -18 5 £395 -4.82% 6
West Midlands -25 4 £230 -29.23% 2
South West -11 2 £338 -11.76% 1
East Midlands -7 1 £360 - 3
Economics
UK

For the 6 months to 21 August 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 (54.46%) Degree
2 55 (49.11%) Finance
3 44 (39.29%) SQL
3 44 (39.29%) Analytical Skills
4 43 (38.39%) Mathematics
5 28 (25.00%) Statistics
5 28 (25.00%) Analytics
6 27 (24.11%) Agile Software Development
7 26 (23.21%) Microsoft Excel
8 25 (22.32%) Marketing
9 24 (21.43%) Computer Science
10 20 (17.86%) Continuous Integration
11 19 (16.96%) .NET
11 19 (16.96%) Problem-Solving
12 18 (16.07%) TDD
13 17 (15.18%) .NET Framework
13 17 (15.18%) TeamCity
13 17 (15.18%) Entity Framework
13 17 (15.18%) Numerate Degree
14 16 (14.29%) Continuous Improvement
14 16 (14.29%) Microsoft PowerPoint
14 16 (14.29%) SAS
15 15 (13.39%) Python
15 15 (13.39%) Oracle
15 15 (13.39%) Windows
15 15 (13.39%) NHibernate
15 15 (13.39%) R
15 15 (13.39%) Data Science
15 15 (13.39%) Dapper ORM
16 13 (11.61%) AngularJS

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 16 (14.29%) SAS
2 8 (7.14%) Apache Spark
2 8 (7.14%) IIS
3 7 (6.25%) SharePoint
4 3 (2.68%) Oracle Workflow
5 2 (1.79%) CMS
6 1 (0.89%) Apache
Applications
1 26 (23.21%) Microsoft Excel
2 16 (14.29%) Microsoft PowerPoint
3 7 (6.25%) Microsoft Office
4 3 (2.68%) SPSS
5 2 (1.79%) Stata
6 1 (0.89%) Microsoft Project
6 1 (0.89%) MS Visio
Business Applications
1 1 (0.89%) Dynamics NAV
1 1 (0.89%) Salesforce.com CRM
1 1 (0.89%) Unit4 Business World
Cloud Services
1 5 (4.46%) Microsoft Azure
2 2 (1.79%) Firebase
2 2 (1.79%) GitHub
2 2 (1.79%) Google Analytics
3 1 (0.89%) Cloud Computing
3 1 (0.89%) PaaS
Communications & Networking
1 2 (1.79%) Firewall
1 2 (1.79%) LAN
1 2 (1.79%) SAN
1 2 (1.79%) Wi-Fi
1 2 (1.79%) WLAN
2 1 (0.89%) RTMP
Database & Business Intelligence
1 10 (8.93%) Hadoop
1 10 (8.93%) Relational Database
2 8 (7.14%) Big Data
3 4 (3.57%) Power BI
4 3 (2.68%) Apache Hive
4 3 (2.68%) Data Mining
4 3 (2.68%) SQL Server
5 2 (1.79%) Impala
5 2 (1.79%) Maltego
5 2 (1.79%) MariaDB
5 2 (1.79%) MySQL
6 1 (0.89%) Apache Kudu
6 1 (0.89%) Base SAS
6 1 (0.89%) NoSQL
6 1 (0.89%) SAS Enterprise Guide
Development Applications
1 17 (15.18%) TeamCity
2 2 (1.79%) Maven
3 1 (0.89%) Git (software)
General
1 55 (49.11%) Finance
2 25 (22.32%) Marketing
3 10 (8.93%) Front Office
3 10 (8.93%) Retail
4 7 (6.25%) Banking
5 6 (5.36%) Telecoms
6 4 (3.57%) Advertising
7 2 (1.79%) Back Office
7 2 (1.79%) Legal
8 1 (0.89%) Financial Institution
8 1 (0.89%) Investment Banking
8 1 (0.89%) Law
8 1 (0.89%) Pharmaceutical
Job Titles
1 32 (28.57%) Analyst
2 25 (22.32%) Developer
3 12 (10.71%) .NET Developer
3 12 (10.71%) Administrator
3 12 (10.71%) C# Developer
4 10 (8.93%) Electronic Trading Developer
5 9 (8.04%) Business Analyst
5 9 (8.04%) Data Analyst
6 8 (7.14%) C# Developer - Electronic Trading
6 8 (7.14%) Data Administrator
6 8 (7.14%) Full Stack Developer
6 8 (7.14%) Insight Analyst
7 7 (6.25%) Data Scientist
8 6 (5.36%) Data Insight Analyst
8 6 (5.36%) Insight Data Analyst
9 5 (4.46%) Backend Developer
9 5 (4.46%) C# .NET Developer
9 5 (4.46%) Project Manager
9 5 (4.46%) SQL Developer
10 4 (3.57%) Architect
Libraries, Frameworks & Software Standards
1 19 (16.96%) .NET
2 17 (15.18%) .NET Framework
2 17 (15.18%) Entity Framework
3 15 (13.39%) Dapper ORM
3 15 (13.39%) NHibernate
4 13 (11.61%) AngularJS
5 8 (7.14%) Web Services
6 7 (6.25%) REST
6 7 (6.25%) WebSockets
7 5 (4.46%) ASP.NET Web API
8 4 (3.57%) Kafka
9 3 (2.68%) CSS
9 3 (2.68%) HTML
10 2 (1.79%) ASP.NET
10 2 (1.79%) Hibernate
10 2 (1.79%) Middleware
10 2 (1.79%) Spring
10 2 (1.79%) Spring Boot
10 2 (1.79%) WCF
10 2 (1.79%) XML
Miscellaneous
1 44 (39.29%) Analytical Skills
2 24 (21.43%) Computer Science
3 13 (11.61%) Fixed Income
4 5 (4.46%) User Experience
5 3 (2.68%) Algorithms
5 3 (2.68%) Credit Risk
5 3 (2.68%) Fintech
5 3 (2.68%) Management Information System
6 2 (1.79%) Cyberattack
6 2 (1.79%) Cyberthreat
6 2 (1.79%) Over-the-Top Content
6 2 (1.79%) Private Cloud
6 2 (1.79%) Reference Data
6 2 (1.79%) Self-Motivation
6 2 (1.79%) Video on Demand
6 2 (1.79%) Virtual Team
7 1 (0.89%) Digital Media
7 1 (0.89%) Market Risk
7 1 (0.89%) Marketing Technology
7 1 (0.89%) RIA
Operating Systems
1 15 (13.39%) Windows
2 8 (7.14%) Windows Server
3 4 (3.57%) Linux
4 3 (2.68%) Unix
5 2 (1.79%) Mac OS X
5 2 (1.79%) MVS
Processes & Methodologies
1 43 (38.39%) Mathematics
2 28 (25.00%) Analytics
2 28 (25.00%) Statistics
3 27 (24.11%) Agile Software Development
4 20 (17.86%) Continuous Integration
5 19 (16.96%) Problem-Solving
6 18 (16.07%) TDD
7 16 (14.29%) Continuous Improvement
8 15 (13.39%) Data Science
9 13 (11.61%) Performance Optimisation
10 12 (10.71%) Decision-Making
10 12 (10.71%) Stakeholder Management
11 11 (9.82%) CRM
11 11 (9.82%) Scrum
12 10 (8.93%) Electronic Trading
12 10 (8.93%) Project Management
13 9 (8.04%) Machine Learning
13 9 (8.04%) SDLC
13 9 (8.04%) Technical Analysis
13 9 (8.04%) Visualisation
Programming Languages
1 44 (39.29%) SQL
2 15 (13.39%) Python
2 15 (13.39%) R
3 13 (11.61%) C#
4 11 (9.82%) JavaScript
5 10 (8.93%) TypeScript
6 7 (6.25%) Java
7 5 (4.46%) PL/SQL
7 5 (4.46%) T-SQL
8 3 (2.68%) MATLAB
8 3 (2.68%) Ruby
8 3 (2.68%) VBA
9 2 (1.79%) C
9 2 (1.79%) C++
9 2 (1.79%) Scala
10 1 (0.89%) Shell Script
Qualifications
1 61 (54.46%) Degree
2 17 (15.18%) Numerate Degree
3 7 (6.25%) Security Cleared
4 6 (5.36%) SC Cleared
5 4 (3.57%) Master's Degree
6 3 (2.68%) Computer Science Degree
6 3 (2.68%) PhD
7 2 (1.79%) A+ Certification
7 2 (1.79%) PMI Certification
7 2 (1.79%) Postgraduate
8 1 (0.89%) APMG
8 1 (0.89%) BPSS Clearance
8 1 (0.89%) DBS Check
8 1 (0.89%) IIBA
8 1 (0.89%) ITIL Certification
8 1 (0.89%) MBA
8 1 (0.89%) PMP
8 1 (0.89%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 4 (3.57%) SLA
2 3 (2.68%) Data Quality
3 2 (1.79%) PMO
4 1 (0.89%) EMIR
4 1 (0.89%) IFRS
4 1 (0.89%) QA
4 1 (0.89%) Solvency II
Vendors
1 15 (13.39%) Oracle
2 8 (7.14%) Microsoft
3 6 (5.36%) Tableau
4 4 (3.57%) Cloudera
5 3 (2.68%) SAP
5 3 (2.68%) Splunk
6 2 (1.79%) Databricks
6 2 (1.79%) Google
6 2 (1.79%) Hortonworks
6 2 (1.79%) HP
6 2 (1.79%) IBM
6 2 (1.79%) MicroStrategy
6 2 (1.79%) Pega
7 1 (0.89%) Capita
7 1 (0.89%) MapR
7 1 (0.89%) Salesforce Marketing Cloud
7 1 (0.89%) Salesforce.com
7 1 (0.89%) ServiceNow