Monte Carlo Simulation
North East > Tyne and Wear
The table below provides summary statistics and contractor rates for jobs advertised in Tyne and Wear requiring Monte Carlo Method skills. It covers contract job vacancies from the 6 months leading up to 31 July 2026, with comparisons to the same periods in the previous two years.
|
|
6 months to 31 Jul 2026 |
Same period 2025 | Same period 2024 |
|---|---|---|---|
| Rank | 73 | - | - |
| Rank change year-on-year | - | - | - |
| Contract jobs citing Monte Carlo Method | 3 | 0 | 0 |
| As % of all contract jobs in Tyne and Wear | 0.45% | - | - |
| As % of the Processes & Methodologies category | 0.55% | - | - |
| Number of daily rates quoted | 1 | 0 | 0 |
| 10th Percentile | - | - | - |
| 25th Percentile | £550 | - | - |
| Median daily rate (50th Percentile) | £551 | - | - |
| 75th Percentile | £551 | - | - |
| 90th Percentile | - | - | - |
| North East median daily rate | £551 | - | - |
All Process & Methodology Skills
Tyne and Wear
Monte Carlo Method falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in Tyne and Wear.
| Contract vacancies with a requirement for process or methodology skills | 545 | 182 | 158 |
| As % of all contract IT jobs advertised in Tyne and Wear | 82.33% | 82.73% | 88.76% |
| Number of daily rates quoted | 314 | 120 | 86 |
| 10th Percentile | £313 | £200 | £320 |
| 25th Percentile | £400 | £388 | £387 |
| Median daily rate (50th Percentile) | £450 | £465 | £460 |
| Median % change year-on-year | -3.23% | +1.09% | -14.81% |
| 75th Percentile | £576 | £575 | £550 |
| 90th Percentile | £650 | £639 | £650 |
| North East median daily rate | £450 | £464 | £450 |
| % change year-on-year | -2.96% | +3.06% | -10.00% |
| Number of hourly rates quoted | 77 | 10 | 15 |
| 10th Percentile | £17.00 | £11.60 | £14.38 |
| 25th Percentile | £43.96 | £13.47 | £18.13 |
| Median hourly rate | £65.00 | £17.15 | £20.00 |
| Median % change year-on-year | +279.01% | -14.25% | +1.27% |
| 75th Percentile | £70.00 | £20.46 | £60.00 |
| 90th Percentile | - | £23.76 | £70.00 |
| North East median hourly rate | £65.00 | £17.15 | £29.77 |
| % change year-on-year | +279.01% | -42.39% | +14.50% |
Monte Carlo Method
Job Vacancy Trend in Tyne and Wear
Historical trend showing the proportion of contract IT job postings citing Monte Carlo Method relative to all contract IT jobs advertised in Tyne and Wear.
Monte Carlo Method
Contract Job Locations in Tyne and Wear
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Monte Carlo Method within the Tyne and Wear region over the 6 months to 31 July 2026. 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 Jobs |
|---|---|---|---|---|---|
| Newcastle upon Tyne | - | 3 | £551 | - | |
| Monte Carlo Method North East |
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Monte Carlo Method
Co-Occurring Skills & Capabilities in Tyne and Wear by Category
The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category: