Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies advertised in 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 6 months to 24 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
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 498 522 544
Rank change year-on-year +24 +22 -6
Contract jobs citing Economics 131 98 69
As % of all contract IT jobs advertised in London 0.28% 0.22% 0.15%
As % of the Processes & Methodologies category 0.32% 0.25% 0.18%
Number of daily rates quoted 96 69 49
London median daily rate £575 £575 £450
Median daily rate % change year-on-year - +27.78% -10.00%
10th Percentile £385 £268 £299
90th Percentile £688 £625 £628
England median daily rate £563 £420 £400
% change year-on-year +33.93% +5.00% -3.61%
Number of hourly rates quoted 1 3 2
London median hourly rate £28.00 £32.50 £14.11
Median hourly rate % change year-on-year -13.85% +130.41% -52.98%
10th Percentile £26.00 £19.55 £9.39
90th Percentile £30.00 £33.75 £18.82
England median hourly rate £29.50 £32.50 £14.11
% change year-on-year -9.23% +130.41% -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 London with a requirement for process or methodology skills.

All Process and Methodology Skills
London
Contract vacancies with a requirement for process or methodology skills 40944 38874 39353
As % of all contract IT jobs advertised in London 86.93% 86.19% 83.83%
Number of daily rates quoted 29776 27868 28102
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £306 £288
90th Percentile £675 £644 £638
England median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 374 407 470
London median hourly rate £22.50 £21.75 £20.00
Median hourly rate % change year-on-year +3.45% +8.75% +11.11%
10th Percentile £13.31 £12.25 £11.25
90th Percentile £56.30 £50.05 £50.00
England median hourly rate £24.00 £24.00 £22.50
% change year-on-year - +6.67% +18.42%

Economics
Job Vacancy Trend in London

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

Job vacancy trend for Economics in London

Economics
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Economics in London

Economics
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Economics in London over the 6 months to 24 November 2017.

Contractor daily rate histogram for Economics in London

Economics
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Economics in London

Economics
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the London region over the 6 months to 24 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
Central London +1 15 £625 +111.86% 7
South London -26 3 £500 -
West London -10 1 £518 +97.14%
Economics
England

For the 6 months to 24 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 London region with a requirement for Economics.

1 69 (52.67%) Finance
2 68 (51.91%) Banking
3 64 (48.85%) SQL
4 60 (45.80%) Agile Software Development
5 50 (38.17%) Investment Banking
6 46 (35.11%) Java
7 44 (33.59%) Degree
7 44 (33.59%) Virtual Team
8 43 (32.82%) SDLC
9 39 (29.77%) Spring
9 39 (29.77%) Hibernate
9 39 (29.77%) Workflow
9 39 (29.77%) J2SE
9 39 (29.77%) Open Source
10 38 (29.01%) Technical Analysis
11 34 (25.95%) Software Engineering
12 32 (24.43%) Fixed Income
12 32 (24.43%) Analytical Skills
13 27 (20.61%) Statistics
14 24 (18.32%) Mathematics
14 24 (18.32%) Migration
15 23 (17.56%) Data Migration
15 23 (17.56%) Data Transformation
16 22 (16.79%) Computer Science
17 21 (16.03%) Pair Programming
17 21 (16.03%) CRM
18 20 (15.27%) Analytics
19 18 (13.74%) Salesforce.com
19 18 (13.74%) TDD
19 18 (13.74%) Derivative

Economics
Co-occurring IT Skills in 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 4 (3.05%) WebSphere
2 3 (2.29%) Apache Spark
3 2 (1.53%) SAS
4 1 (0.76%) CMS
4 1 (0.76%) Elasticsearch
Applications
1 10 (7.63%) Microsoft Excel
2 3 (2.29%) EViews
3 2 (1.53%) Microsoft PowerPoint
4 1 (0.76%) Microsoft Office
4 1 (0.76%) Spreadsheet
4 1 (0.76%) SPSS
Business Applications
1 15 (11.45%) Salesforce.com CRM
2 6 (4.58%) ION MarketView
3 4 (3.05%) Oracle Financials
3 4 (3.05%) Oracle Retail
3 4 (3.05%) PeopleSoft Financials
4 2 (1.53%) Dynamics CRM
Cloud Services
1 2 (1.53%) Amazon AWS
1 2 (1.53%) Google Analytics
1 2 (1.53%) Microsoft Azure
2 1 (0.76%) Adobe Analytics
2 1 (0.76%) Google Cloud Platform
2 1 (0.76%) Google Tag Manager
2 1 (0.76%) SaaS
Communications & Networking
1 2 (1.53%) Intranet
2 1 (0.76%) Broadband
2 1 (0.76%) Internet
2 1 (0.76%) SMS
Database & Business Intelligence
1 14 (10.69%) Big Data
2 10 (7.63%) Relational Database
3 7 (5.34%) Hadoop
4 6 (4.58%) Data Warehouse
4 6 (4.58%) RDBMS
5 4 (3.05%) Data Mining
5 4 (3.05%) Electronic Patient Records
5 4 (3.05%) Power BI
5 4 (3.05%) PowerCenter
5 4 (3.05%) SQL Server
6 3 (2.29%) OLAP
6 3 (2.29%) PowerPivot
7 2 (1.53%) SQL Server Reporting Services
8 1 (0.76%) BigQuery
8 1 (0.76%) NoSQL
8 1 (0.76%) OLTP
Development Applications
1 4 (3.05%) Rational Rhapsody
1 4 (3.05%) Talend Open Studio
2 3 (2.29%) NUnit
3 1 (0.76%) JIRA
General
1 69 (52.67%) Finance
2 68 (51.91%) Banking
3 50 (38.17%) Investment Banking
4 14 (10.69%) Front Office
5 12 (9.16%) Marketing
6 10 (7.63%) Financial Institution
7 7 (5.34%) Telecoms
8 6 (4.58%) Retail
9 5 (3.82%) Advertising
10 4 (3.05%) Pharmaceutical
11 2 (1.53%) Legal
12 1 (0.76%) Electronics
12 1 (0.76%) Manufacturing
12 1 (0.76%) Retail Banking
Job Titles
1 53 (40.46%) Developer
2 40 (30.53%) Java Developer
3 28 (21.37%) Analyst
4 23 (17.56%) Agile Developer
4 23 (17.56%) Agile Java Developer
5 15 (11.45%) Salesforce Developer
6 12 (9.16%) Architect
7 11 (8.40%) Business Analyst
7 11 (8.40%) Systems Developer
8 9 (6.87%) Data Analyst
9 7 (5.34%) Data Scientist
9 7 (5.34%) JavaScript Developer
9 7 (5.34%) Project Manager
10 6 (4.58%) Electronic Trading Business Analyst
10 6 (4.58%) Fixed Income Business Analyst
10 6 (4.58%) Investment Banking Business Analyst
11 5 (3.82%) Oracle Architect
12 4 (3.05%) Data Architect
12 4 (3.05%) ETL Architect
12 4 (3.05%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 39 (29.77%) Hibernate
1 39 (29.77%) J2SE
1 39 (29.77%) Spring
2 13 (9.92%) HTML
3 12 (9.16%) CSS
4 10 (7.63%) AngularJS
4 10 (7.63%) HTML5
5 4 (3.05%) WPF
6 3 (2.29%) .NET
6 3 (2.29%) Reactive Extensions
6 3 (2.29%) Silverlight
7 2 (1.53%) LESS
7 2 (1.53%) MDX
7 2 (1.53%) Middleware
7 2 (1.53%) React
7 2 (1.53%) Sass
8 1 (0.76%) Kafka
8 1 (0.76%) Pandas
8 1 (0.76%) WinForms
Miscellaneous
1 44 (33.59%) Virtual Team
2 32 (24.43%) Analytical Skills
2 32 (24.43%) Fixed Income
3 22 (16.79%) Computer Science
4 18 (13.74%) Derivative
5 16 (12.21%) Equity Derivative
6 9 (6.87%) Greenfield Project
7 7 (5.34%) User Experience
8 6 (4.58%) Foreign Exchange (FX)
9 4 (3.05%) Credit Risk
9 4 (3.05%) Life Science
10 3 (2.29%) Market Risk
10 3 (2.29%) NHS
11 2 (1.53%) Analytical Mindset
11 2 (1.53%) Blog
11 2 (1.53%) Data Centre
11 2 (1.53%) Fintech
11 2 (1.53%) Management Information System
12 1 (0.76%) Cyber Attack
12 1 (0.76%) Cyberthreat
Operating Systems
1 4 (3.05%) Linux
Processes & Methodologies
1 60 (45.80%) Agile Software Development
2 43 (32.82%) SDLC
3 39 (29.77%) Open Source
3 39 (29.77%) Workflow
4 38 (29.01%) Technical Analysis
5 34 (25.95%) Software Engineering
6 27 (20.61%) Statistics
7 24 (18.32%) Mathematics
7 24 (18.32%) Migration
8 23 (17.56%) Data Migration
8 23 (17.56%) Data Transformation
9 21 (16.03%) CRM
9 21 (16.03%) Pair Programming
10 20 (15.27%) Analytics
11 18 (13.74%) TDD
12 17 (12.98%) Continuous Integration
13 16 (12.21%) Continuous Improvement
14 13 (9.92%) Business Intelligence
15 12 (9.16%) Scrum
16 11 (8.40%) Project Management
Programming Languages
1 64 (48.85%) SQL
2 46 (35.11%) Java
3 16 (12.21%) JavaScript
4 11 (8.40%) R
5 9 (6.87%) Python
6 8 (6.11%) C#
7 7 (5.34%) TypeScript
8 6 (4.58%) VBA
9 4 (3.05%) PL/SQL
10 3 (2.29%) XAML
11 2 (1.53%) C++
12 1 (0.76%) C
12 1 (0.76%) Scala
Qualifications
1 44 (33.59%) Degree
2 9 (6.87%) Master's Degree
3 6 (4.58%) PhD
3 6 (4.58%) Postgraduate
4 5 (3.82%) Numerate Degree
4 5 (3.82%) Security Cleared
5 3 (2.29%) SC Cleared
6 1 (0.76%) BPSS Clearance
6 1 (0.76%) Computer Science Degree
6 1 (0.76%) CREST Certified
6 1 (0.76%) DV Cleared
6 1 (0.76%) ITIL Certification
6 1 (0.76%) SANS
6 1 (0.76%) Six Sigma Green Belt
Quality Assurance & Compliance
1 7 (5.34%) Data Quality
2 2 (1.53%) MiFID
3 1 (0.76%) Actionable Recommendations
3 1 (0.76%) Basel II
3 1 (0.76%) Disclosure Scotland
3 1 (0.76%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 1 (0.76%) QA
Systems Management
1 1 (0.76%) Kibana
1 1 (0.76%) Terraform
Vendors
1 18 (13.74%) Salesforce.com
2 12 (9.16%) Microsoft
3 8 (6.11%) Oracle
4 7 (5.34%) Tableau
5 6 (4.58%) ION Trading
6 4 (3.05%) ATG
6 4 (3.05%) Hyperion
6 4 (3.05%) Informatica
6 4 (3.05%) PeopleSoft
6 4 (3.05%) Retek
6 4 (3.05%) Talend
7 3 (2.29%) SAP
7 3 (2.29%) Yardi
8 2 (1.53%) Cognos
8 2 (1.53%) Google
9 1 (0.76%) Adobe
9 1 (0.76%) Bloomberg
9 1 (0.76%) Cadence
9 1 (0.76%) Fujitsu
9 1 (0.76%) Murex