Period
to 20 November 2017

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 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
UK > England
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 673 724 731
Rank change year-on-year +51 +7 -69
Contract jobs citing Economics 176 152 140
As % of all contract IT jobs advertised in England 0.19% 0.16% 0.13%
As % of the Processes & Methodologies category 0.22% 0.19% 0.16%
Number of daily rates quoted 129 107 96
England median daily rate £563 £408 £400
Median daily rate % change year-on-year +38.04% +1.88% -3.08%
10th Percentile £325 £268 £235
90th Percentile £665 £625 £603
UK median daily rate £561 £400 £400
% change year-on-year +40.31% - -
Number of hourly rates quoted 3 2 2
England median hourly rate £29.50 £24.88 £14.11
Median hourly rate % change year-on-year +18.59% +76.36% -52.98%
10th Percentile £26.35 £18.09 £9.39
90th Percentile £34.85 £32.16 £18.82
UK median hourly rate £29.50 £24.88 £14.11
% change year-on-year +18.59% +76.36% -52.98%

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 79631 81325 85624
As % of all contract IT jobs advertised in England 84.67% 84.17% 81.94%
Number of daily rates quoted 53568 54246 56450
England median daily rate £450 £425 £423
Median daily rate % change year-on-year +5.88% +0.59% +5.63%
10th Percentile £288 £265 £263
90th Percentile £638 £613 £600
UK median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 1862 2110 2524
England median hourly rate £24.00 £24.42 £22.50
Median hourly rate % change year-on-year -1.72% +8.53% +18.42%
10th Percentile £11.35 £11.50 £11.50
90th Percentile £50.00 £48.75 £47.50
UK median hourly rate £23.63 £24.00 £22.50
% change year-on-year -1.56% +6.67% +18.42%

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 20 November 2017.

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 20 November 2017. 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 +29 137 £575 - 15
South East -3 24 £363 -8.23% 4
North of England +50 9 £480 +37.14%
Yorkshire +21 8 £456 -
Midlands +17 4 £358 +8.33% 3
West Midlands +21 2 £325 +51.16%
East Midlands +3 2 £390 -4.29% 3
North West +21 1 £550 +41.94%
East of England - 1 - - 1
Economics
UK

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 England region with a requirement for Economics.

1 89 (50.57%) Finance
2 81 (46.02%) Banking
3 74 (42.05%) SQL
4 68 (38.64%) Agile Software Development
5 66 (37.50%) Degree
6 56 (31.82%) Investment Banking
6 56 (31.82%) Analytical Skills
7 49 (27.84%) Java
8 48 (27.27%) SDLC
9 46 (26.14%) Virtual Team
10 44 (25.00%) Mathematics
11 43 (24.43%) Technical Analysis
12 41 (23.30%) Statistics
13 40 (22.73%) Workflow
13 40 (22.73%) Hibernate
13 40 (22.73%) J2SE
13 40 (22.73%) Spring
13 40 (22.73%) Open Source
14 39 (22.16%) Software Engineering
15 33 (18.75%) Fixed Income
16 27 (15.34%) Project Management
16 27 (15.34%) Analytics
17 25 (14.20%) Migration
17 25 (14.20%) Pair Programming
18 24 (13.64%) CRM
19 23 (13.07%) TDD
19 23 (13.07%) Marketing
19 23 (13.07%) Computer Science
19 23 (13.07%) Data Migration
19 23 (13.07%) Data Transformation

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 12 (6.82%) SAS
2 5 (2.84%) Apache Spark
3 4 (2.27%) WebSphere
4 1 (0.57%) CMS
Applications
1 22 (12.50%) Microsoft Excel
2 8 (4.55%) Microsoft PowerPoint
3 6 (3.41%) MS Visio
4 5 (2.84%) Microsoft Office
5 3 (1.70%) EViews
6 2 (1.14%) SPSS
7 1 (0.57%) Spreadsheet
7 1 (0.57%) Stata
Business Applications
1 16 (9.09%) Salesforce.com CRM
2 6 (3.41%) ION MarketView
3 4 (2.27%) Oracle Financials
3 4 (2.27%) Oracle Retail
3 4 (2.27%) PeopleSoft Financials
4 2 (1.14%) Dynamics CRM
5 1 (0.57%) Summit
Cloud Services
1 3 (1.70%) Adobe Analytics
2 2 (1.14%) Amazon AWS
2 2 (1.14%) Google Analytics
2 2 (1.14%) Microsoft Azure
3 1 (0.57%) Google Cloud Platform
3 1 (0.57%) Google Tag Manager
3 1 (0.57%) SaaS
Communications & Networking
1 2 (1.14%) Intranet
1 2 (1.14%) NAS
1 2 (1.14%) SAN
1 2 (1.14%) WAN
2 1 (0.57%) Broadband
2 1 (0.57%) Internet
2 1 (0.57%) Network Security
2 1 (0.57%) SMS
Database & Business Intelligence
1 16 (9.09%) Big Data
2 14 (7.95%) Relational Database
3 10 (5.68%) SQL Server
4 9 (5.11%) Data Warehouse
4 9 (5.11%) Hadoop
5 6 (3.41%) RDBMS
6 4 (2.27%) Electronic Patient Records
6 4 (2.27%) GIS
6 4 (2.27%) Power BI
6 4 (2.27%) PowerCenter
7 3 (1.70%) Data Mining
7 3 (1.70%) OLAP
7 3 (1.70%) PowerPivot
8 2 (1.14%) SQL Server Reporting Services
9 1 (0.57%) BigQuery
9 1 (0.57%) MS Access
9 1 (0.57%) OLTP
9 1 (0.57%) Oracle Database
9 1 (0.57%) Oracle Reports
9 1 (0.57%) QlikView
Development Applications
1 4 (2.27%) NUnit
1 4 (2.27%) Rational Rhapsody
1 4 (2.27%) Talend Open Studio
2 1 (0.57%) JIRA
General
1 89 (50.57%) Finance
2 81 (46.02%) Banking
3 56 (31.82%) Investment Banking
4 23 (13.07%) Marketing
5 19 (10.80%) Front Office
6 10 (5.68%) Financial Institution
7 8 (4.55%) Telecoms
8 7 (3.98%) Retail Banking
9 6 (3.41%) Pharmaceutical
9 6 (3.41%) Retail
10 5 (2.84%) Advertising
11 4 (2.27%) Automotive
12 3 (1.70%) Legal
13 1 (0.57%) Electronics
13 1 (0.57%) Manufacturing
Job Titles
1 59 (33.52%) Developer
2 47 (26.70%) Analyst
3 41 (23.30%) Java Developer
4 23 (13.07%) Agile Developer
4 23 (13.07%) Agile Java Developer
5 16 (9.09%) Salesforce Developer
6 15 (8.52%) Data Analyst
7 13 (7.39%) Architect
7 13 (7.39%) Business Analyst
8 11 (6.25%) Data Scientist
8 11 (6.25%) JavaScript Developer
8 11 (6.25%) Project Manager
9 10 (5.68%) Senior Manager
9 10 (5.68%) Systems Developer
10 9 (5.11%) Risk Analyst
11 6 (3.41%) Credit Analyst
11 6 (3.41%) Credit Risk Analyst
11 6 (3.41%) Electronic Trading Business Analyst
11 6 (3.41%) Fixed Income Business Analyst
11 6 (3.41%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 40 (22.73%) Hibernate
1 40 (22.73%) J2SE
1 40 (22.73%) Spring
2 18 (10.23%) HTML
3 16 (9.09%) CSS
4 15 (8.52%) HTML5
5 14 (7.95%) AngularJS
6 5 (2.84%) WPF
7 4 (2.27%) .NET
7 4 (2.27%) Reactive Extensions
7 4 (2.27%) Silverlight
8 2 (1.14%) LESS
8 2 (1.14%) MDX
8 2 (1.14%) Middleware
8 2 (1.14%) React
8 2 (1.14%) Sass
9 1 (0.57%) Kafka
9 1 (0.57%) Pandas
9 1 (0.57%) WinForms
Miscellaneous
1 56 (31.82%) Analytical Skills
2 46 (26.14%) Virtual Team
3 33 (18.75%) Fixed Income
4 23 (13.07%) Computer Science
5 21 (11.93%) Derivative
6 19 (10.80%) Equity Derivative
7 10 (5.68%) Credit Risk
8 8 (4.55%) Greenfield Project
9 7 (3.98%) Foreign Exchange (FX)
9 7 (3.98%) User Experience
10 5 (2.84%) Data Centre
10 5 (2.84%) NHS
11 4 (2.27%) Life Science
11 4 (2.27%) Market Risk
12 2 (1.14%) Algorithms
12 2 (1.14%) Blog
12 2 (1.14%) Data Structures
12 2 (1.14%) Fintech
12 2 (1.14%) Management Information System
13 1 (0.57%) Over-the-Top Content
Operating Systems
1 4 (2.27%) Linux
Processes & Methodologies
1 68 (38.64%) Agile Software Development
2 48 (27.27%) SDLC
3 44 (25.00%) Mathematics
4 43 (24.43%) Technical Analysis
5 41 (23.30%) Statistics
6 40 (22.73%) Open Source
6 40 (22.73%) Workflow
7 39 (22.16%) Software Engineering
8 27 (15.34%) Analytics
8 27 (15.34%) Project Management
9 25 (14.20%) Migration
9 25 (14.20%) Pair Programming
10 24 (13.64%) CRM
11 23 (13.07%) Data Migration
11 23 (13.07%) Data Transformation
11 23 (13.07%) TDD
12 22 (12.50%) Continuous Improvement
12 22 (12.50%) Continuous Integration
13 18 (10.23%) Scrum
14 16 (9.09%) Business Intelligence
Programming Languages
1 74 (42.05%) SQL
2 49 (27.84%) Java
3 21 (11.93%) JavaScript
4 17 (9.66%) R
5 13 (7.39%) Python
6 9 (5.11%) C#
7 8 (4.55%) TypeScript
8 7 (3.98%) VBA
9 4 (2.27%) PL/SQL
9 4 (2.27%) XAML
10 2 (1.14%) C++
11 1 (0.57%) MATLAB
11 1 (0.57%) Scala
11 1 (0.57%) VB
Qualifications
1 66 (37.50%) Degree
2 15 (8.52%) Numerate Degree
3 10 (5.68%) Master's Degree
4 7 (3.98%) PhD
5 6 (3.41%) Postgraduate
5 6 (3.41%) Security Cleared
6 4 (2.27%) BPSS Clearance
6 4 (2.27%) SC Cleared
7 3 (1.70%) ITIL Certification
8 1 (0.57%) CCIE
8 1 (0.57%) Cisco Certification
8 1 (0.57%) CISM
8 1 (0.57%) Computer Science Degree
8 1 (0.57%) CREST Certified
8 1 (0.57%) CRISC
8 1 (0.57%) DV Cleared
8 1 (0.57%) SANS
8 1 (0.57%) Six Sigma Green Belt
Quality Assurance & Compliance
1 18 (10.23%) Data Quality
2 7 (3.98%) Basel II
3 6 (3.41%) IFRS
3 6 (3.41%) IFRS 9
4 3 (1.70%) Disclosure Scotland
4 3 (1.70%) GDPR
5 2 (1.14%) MiFID
6 1 (0.57%) Actionable Recommendations
6 1 (0.57%) ISO/IEC 27001
6 1 (0.57%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 1 (0.57%) PCI DSS
6 1 (0.57%) QA
Systems Management
1 1 (0.57%) Terraform
Vendors
1 19 (10.80%) Salesforce.com
2 13 (7.39%) Microsoft
3 9 (5.11%) Oracle
3 9 (5.11%) Tableau
4 8 (4.55%) SAP
5 6 (3.41%) ION Trading
6 4 (2.27%) ATG
6 4 (2.27%) Hyperion
6 4 (2.27%) Informatica
6 4 (2.27%) PeopleSoft
6 4 (2.27%) Retek
6 4 (2.27%) Talend
7 3 (1.70%) Adobe
7 3 (1.70%) Yardi
8 2 (1.14%) Bloomberg
8 2 (1.14%) Cognos
8 2 (1.14%) Google
8 2 (1.14%) Tealium
9 1 (0.57%) Alibaba
9 1 (0.57%) Workday