The following table provides summary statistics for contract job vacancies advertised in Scotland 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 28 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.

Economics
UK / Scotland
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 105 - 119
Rank change year-on-year - 0  
Contract jobs citing Economics 2 0 11
As % of all contract IT jobs advertised in Scotland 0.11% - 0.37%
As % of the Processes & Methodologies category 0.14% - 0.46%
Number of daily rates quoted 0 0 7
Median daily rate - - £265
UK excluding London median daily rate £420 £375 £347
% change year-on-year +12.00% +7.91%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
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 Scotland with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Scotland
Contract job vacancies with a requirement for process and methodology skills 1472 2161 2379
As % of all contract IT job vacancies advertised in Scotland 83.83% 83.31% 81.00%
Number of daily rates quoted 901 1215 1311
Median daily rate £390 £393 £400
Median daily rate % change year-on-year -0.63% -1.87%  
90% offered a daily rate of more than £263 £260 £265
10% offered a daily rate of more than £491 £550 £500
UK excluding London median daily rate £410 £400 £396
% change year-on-year +2.50% +1.01%  
Number of hourly rates quoted 25 32 46
Median hourly rate £33.50 £39.00 £31.70
Median hourly rate % change year-on-year -14.10% +23.02%  
90% offered a hourly rate of more than £12.55 £13.45 £12.10
10% offered a hourly rate of more than £46.00 £50.00 £50.00
UK excluding London median hourly rate £36.00 £38.50 £30.20
% change year-on-year -6.49% +27.48%  

Economics
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland 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 Scotland

Economics
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for Economics in Scotland

Economics
Contractor Hourly Rate Trend in Scotland

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

Contractor hourly rate trend for Economics in Scotland

Economics
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Economics within the Scotland region over the 3 months to 28 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
Edinburgh - 2 - -
Economics
UK

Economics
Top 29 Co-occurring IT Skills in Scotland

For the 6 months to 28 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 Scotland region with a requirement for Economics.

1 3 (100.00%) Statistics
1 3 (100.00%) Degree
2 2 (66.67%) Mathematics
2 2 (66.67%) Credit Risk
2 2 (66.67%) Predictive Modelling
2 2 (66.67%) Risk Analytics
2 2 (66.67%) Analytics
2 2 (66.67%) Marketing Analytics
2 2 (66.67%) Statistical Analysis
2 2 (66.67%) Regulatory Compliance
2 2 (66.67%) Marketing
2 2 (66.67%) Data Management
2 2 (66.67%) MATLAB
2 2 (66.67%) Risk Management
2 2 (66.67%) SQL
2 2 (66.67%) Data Modelling
2 2 (66.67%) SAS
3 1 (33.33%) Microsoft
3 1 (33.33%) MS Excel
3 1 (33.33%) MS Visio
3 1 (33.33%) Service Delivery
3 1 (33.33%) Finance
3 1 (33.33%) Stakeholder Management
3 1 (33.33%) Project Management
3 1 (33.33%) MS PowerPoint
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Disclosure Scotland
3 1 (33.33%) Virtual Team
3 1 (33.33%) Process Improvement

Economics
Co-occurring IT Skills in Scotland 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 2 (66.67%) SAS
Applications
1 1 (33.33%) MS Excel
1 1 (33.33%) MS PowerPoint
1 1 (33.33%) MS Visio
General
1 2 (66.67%) Marketing
2 1 (33.33%) Finance
Job Titles
1 3 (100.00%) Analyst
2 2 (66.67%) SAS Analyst
3 1 (33.33%) Business Process Analyst
3 1 (33.33%) Process Analyst
Miscellaneous
1 2 (66.67%) Credit Risk
2 1 (33.33%) Analytical Skills
2 1 (33.33%) Virtual Team
Processes & Methodologies
1 3 (100.00%) Statistics
2 2 (66.67%) Analytics
2 2 (66.67%) Data Management
2 2 (66.67%) Data Modelling
2 2 (66.67%) Marketing Analytics
2 2 (66.67%) Mathematics
2 2 (66.67%) Predictive Modelling
2 2 (66.67%) Regulatory Compliance
2 2 (66.67%) Risk Analytics
2 2 (66.67%) Risk Management
2 2 (66.67%) Statistical Analysis
3 1 (33.33%) Process Improvement
3 1 (33.33%) Project Management
3 1 (33.33%) Service Delivery
3 1 (33.33%) Stakeholder Management
Programming Languages
1 2 (66.67%) MATLAB
1 2 (66.67%) SQL
Qualifications
1 3 (100.00%) Degree
Quality Assurance & Compliance
1 1 (33.33%) Disclosure Scotland
Vendors
1 1 (33.33%) Microsoft