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 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Economics
England / London
Rank 353 403 389
Rank change year-on-year +50 -14  
Contract jobs citing Economics 47 25 20
As % of all contract IT jobs advertised in London 0.24% 0.11% 0.095%
As % of the Processes & Methodologies category 0.28% 0.13% 0.12%
Number of daily rates quoted 34 20 15
Median daily rate £600 £441 £500
Median daily rate % change year-on-year +35.97% -11.75%  
90% offered a daily rate of more than £313 £300 £355
10% offered a daily rate of more than £750 £550 £600
UK excluding London median daily rate £408 £375 £347
% change year-on-year +8.66% +7.91%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £9.39 -
UK excluding London median hourly rate £125.00 - -

Economics is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
London
Contract job vacancies with a requirement for process and methodology skills 16576 18773 17205
As % of all contract IT job vacancies advertised in London 85.15% 85.14% 82.02%
Number of daily rates quoted 11916 13556 12086
Median daily rate £480 £475 £450
Median daily rate % change year-on-year +1.05% +5.55%  
90% offered a daily rate of more than £350 £325 £310
10% offered a daily rate of more than £650 £625 £613
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 168 193 243
Median hourly rate £31.92 £22.50 £20.31
Median hourly rate % change year-on-year +41.86% +10.78%  
90% offered a hourly rate of more than £14.20 £12.20 £11.00
10% offered a hourly rate of more than £55.00 £52.50 £55.00
UK excluding London median hourly rate £36.00 £39.00 £30.00
% change year-on-year -7.69% +30.00%  

Economics
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Economics as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

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 3 months to 24 March 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 hourly rates quoted in IT contractor 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 3 months to 24 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +6 3 £508 -0.97% 5
Croydon - 1 £650 -
Kingston Upon Thames - 1 - - 1
Economics
England

Economics
Top 30 Related IT Skills in London

For the 6 months to 24 March 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 48 (48.00%) SQL
2 40 (40.00%) Agile Software Development
3 36 (36.00%) Banking
4 35 (35.00%) Degree
4 35 (35.00%) Finance
5 31 (31.00%) Investment Banking
5 31 (31.00%) Analytics
6 30 (30.00%) Java
6 30 (30.00%) SDLC
7 29 (29.00%) Technical Analysis
8 27 (27.00%) Statistics
9 26 (26.00%) Pair Programming
10 21 (21.00%) C#
10 21 (21.00%) Hibernate
10 21 (21.00%) Spring
11 20 (20.00%) Software Engineering
11 20 (20.00%) Mathematics
11 20 (20.00%) Data Migration
11 20 (20.00%) Open Source
11 20 (20.00%) Workflow
11 20 (20.00%) Migration
11 20 (20.00%) Analytical Skills
12 19 (19.00%) Data Transformation
13 18 (18.00%) Computer Science
13 18 (18.00%) Python
13 18 (18.00%) J2SE
14 17 (17.00%) TDD
15 15 (15.00%) Front Office
16 14 (14.00%) C++
16 14 (14.00%) Data Analysis

Economics
Top Related 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 6 (6.00%) SAS
2 4 (4.00%) IBM HTTP Server
3 3 (3.00%) Apache Spark
4 2 (2.00%) Apache Pig
4 2 (2.00%) CMS
4 2 (2.00%) Confluence
4 2 (2.00%) Drupal
Applications
1 8 (8.00%) MS Excel
2 4 (4.00%) MS Office
2 4 (4.00%) SPSS
3 3 (3.00%) MS PowerPoint
4 2 (2.00%) EViews
4 2 (2.00%) LaTeX
Business Applications
1 1 (1.00%) Salesforce.com CRM
1 1 (1.00%) SAP Oil and Gas
Cloud Services
1 1 (1.00%) Google Analytics
Communications & Networking
1 2 (2.00%) Broadband
Database & Business Intelligence
1 8 (8.00%) Relational Database
2 4 (4.00%) Big Data
2 4 (4.00%) Data Warehouse
3 3 (3.00%) Data Mining
3 3 (3.00%) Hadoop
3 3 (3.00%) NoSQL
4 2 (2.00%) Apache Hive
4 2 (2.00%) BusinessObjects
4 2 (2.00%) Impala
4 2 (2.00%) MOLAP
4 2 (2.00%) OLAP
4 2 (2.00%) OLAP Cube
4 2 (2.00%) Oracle Database
4 2 (2.00%) SAS Visual Analytics
4 2 (2.00%) Spotfire
4 2 (2.00%) SQL Server
4 2 (2.00%) SQL Server Analysis Services
4 2 (2.00%) SQL Server Integration Services
Development Applications
1 4 (4.00%) Jenkins
2 3 (3.00%) JIRA
2 3 (3.00%) NUnit
2 3 (3.00%) TeamCity
3 1 (1.00%) Cucumber
3 1 (1.00%) Git (software)
3 1 (1.00%) JSUnit
3 1 (1.00%) JUnit
3 1 (1.00%) PHPUnit
3 1 (1.00%) Subversion
General
1 36 (36.00%) Banking
2 35 (35.00%) Finance
3 31 (31.00%) Investment Banking
4 15 (15.00%) Front Office
5 12 (12.00%) Marketing
6 6 (6.00%) Automotive
7 4 (4.00%) Aerospace
7 4 (4.00%) Back Office
8 3 (3.00%) Telecoms
9 2 (2.00%) Advertising
9 2 (2.00%) Financial Institution
9 2 (2.00%) Legal
9 2 (2.00%) Spanish Language
10 1 (1.00%) Corporate Banking
10 1 (1.00%) Electronics
10 1 (1.00%) Games
10 1 (1.00%) Law
10 1 (1.00%) Manufacturing
10 1 (1.00%) Retail Banking
10 1 (1.00%) Wholesale Banking
Job Titles
1 47 (47.00%) Developer
2 22 (22.00%) Java Developer
2 22 (22.00%) Senior Developer
3 21 (21.00%) Analyst
4 19 (19.00%) Agile Developer
4 19 (19.00%) Agile Java Developer
4 19 (19.00%) Senior Agile Developer
4 19 (19.00%) Senior Agile Java Developer
4 19 (19.00%) Senior Java Developer
5 10 (10.00%) Data Analyst
6 9 (9.00%) C++ Developer
6 9 (9.00%) C++ Quantitative Developer
6 9 (9.00%) Core Java Developer
6 9 (9.00%) Quantitative Developer
7 7 (7.00%) Java Team Leader
7 7 (7.00%) Lead Developer
7 7 (7.00%) Lead Java Developer
7 7 (7.00%) Team Leader
8 6 (6.00%) Data Scientist
9 5 (5.00%) .NET Developer
Libraries, Frameworks & Software Standards
1 21 (21.00%) Hibernate
1 21 (21.00%) Spring
2 18 (18.00%) J2SE
3 13 (13.00%) .NET
4 7 (7.00%) HTML
4 7 (7.00%) HTML5
4 7 (7.00%) WPF
5 5 (5.00%) AngularJS
6 4 (4.00%) CSS
6 4 (4.00%) Silverlight
7 3 (3.00%) .NET Framework
7 3 (3.00%) Dapper ORM
7 3 (3.00%) Entity Framework
7 3 (3.00%) NHibernate
7 3 (3.00%) Reactive Extensions
7 3 (3.00%) Web Services
8 2 (2.00%) Mason
8 2 (2.00%) Node.js
8 2 (2.00%) React
9 1 (1.00%) RESTful
Miscellaneous
1 20 (20.00%) Analytical Skills
2 18 (18.00%) Computer Science
3 14 (14.00%) Derivative
4 13 (13.00%) Foreign Exchange (FX)
5 11 (11.00%) Credit Risk
6 10 (10.00%) Fixed Income
7 6 (6.00%) Equity Derivative
8 5 (5.00%) Market Risk
8 5 (5.00%) Virtual Team
9 4 (4.00%) OTC Derivatives
10 3 (3.00%) Exotic Derivative
11 2 (2.00%) Data Structures
11 2 (2.00%) Fintech
11 2 (2.00%) Management Information System
11 2 (2.00%) NHS
11 2 (2.00%) Over-the-Top Content
12 1 (1.00%) Algorithms
12 1 (1.00%) Equities
12 1 (1.00%) User Experience
Operating Systems
1 5 (5.00%) Unix
2 4 (4.00%) Windows
Processes & Methodologies
1 40 (40.00%) Agile Software Development
2 31 (31.00%) Analytics
3 30 (30.00%) SDLC
4 29 (29.00%) Technical Analysis
5 27 (27.00%) Statistics
6 26 (26.00%) Pair Programming
7 20 (20.00%) Data Migration
7 20 (20.00%) Mathematics
7 20 (20.00%) Migration
7 20 (20.00%) Open Source
7 20 (20.00%) Software Engineering
7 20 (20.00%) Workflow
8 19 (19.00%) Data Transformation
9 17 (17.00%) TDD
10 14 (14.00%) Data Analysis
11 13 (13.00%) Continuous Improvement
11 13 (13.00%) Continuous Integration
11 13 (13.00%) Scrum
12 12 (12.00%) Visualisation
13 10 (10.00%) E-Commerce
Programming Languages
1 48 (48.00%) SQL
2 30 (30.00%) Java
3 21 (21.00%) C#
4 18 (18.00%) Python
5 14 (14.00%) C++
5 14 (14.00%) R
6 7 (7.00%) JavaScript
6 7 (7.00%) VBA
7 4 (4.00%) XAML
8 3 (3.00%) Shell Script
8 3 (3.00%) TypeScript
9 2 (2.00%) Go
9 2 (2.00%) T-SQL
10 1 (1.00%) Apex Code
10 1 (1.00%) C
10 1 (1.00%) MATLAB
10 1 (1.00%) Scala
10 1 (1.00%) VB
Qualifications
1 35 (35.00%) Degree
2 11 (11.00%) PhD
3 5 (5.00%) CFA
4 4 (4.00%) Security Cleared
5 3 (3.00%) MBA
6 2 (2.00%) BPSS Clearance
6 2 (2.00%) Postgraduate
6 2 (2.00%) SC Cleared
7 1 (1.00%) CISA
7 1 (1.00%) CISM
7 1 (1.00%) CISSP
Quality Assurance & Compliance
1 4 (4.00%) Data Quality
1 4 (4.00%) QA
2 3 (3.00%) IFRS
2 3 (3.00%) IFRS 9
3 1 (1.00%) Disclosure Scotland
3 1 (1.00%) MiFID
3 1 (1.00%) PMBOK
3 1 (1.00%) PMO
3 1 (1.00%) SLA
Systems Management
1 2 (2.00%) Tivoli
2 1 (1.00%) Puppet
Vendors
1 11 (11.00%) Oracle
2 9 (9.00%) Tableau
3 7 (7.00%) Microsoft
4 6 (6.00%) SAP
5 2 (2.00%) Atlassian
5 2 (2.00%) Teradata
6 1 (1.00%) Google
6 1 (1.00%) hybris
6 1 (1.00%) Salesforce.com
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