Economics Contracts in the UK excluding London

Economics
UK > UK excluding London

The table below provides summary statistics for contract job vacancies advertised in the UK excluding London requiring Economics skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Economics over the 6 months leading up to 10 June 2024, comparing them to the same period in the previous two years.

6 months to
10 Jun 2024
Same period 2023 Same period 2022
Rank 387 413 470
Rank change year-on-year +26 +57 -45
Contract jobs citing Economics 14 24 39
As % of all contract jobs advertised in the UK excluding London 0.066% 0.11% 0.13%
As % of the Processes & Methodologies category 0.080% 0.12% 0.14%
Number of daily rates quoted 7 11 18
10th Percentile £226 £115 -
25th Percentile £274 £239 £140
Median daily rate (50th Percentile) £475 £480 £275
Median % change year-on-year -1.04% +74.55% -32.60%
75th Percentile £544 £500 £625
90th Percentile £546 £538 £650
UK median daily rate £550 £625 £700
% change year-on-year -12.00% -10.71% +12.00%
Number of hourly rates quoted 5 1 13
10th Percentile - - £13.05
25th Percentile £10.42 - £14.25
Median hourly rate £20.24 £20.47 £14.50
Median % change year-on-year -1.15% +41.17% +26.09%
75th Percentile £25.27 - £19.52
90th Percentile £25.32 - -
UK median hourly rate £20.87 £47.50 £19.52
% change year-on-year -56.07% +143.34% -25.25%

All Process and Methodology Skills
UK excluding London

Economics 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 the UK excluding London.

Contract vacancies with a requirement for process or methodology skills 17,592 20,238 27,144
As % of all contract IT jobs advertised in the UK excluding London 82.79% 89.10% 89.30%
Number of daily rates quoted 10,357 13,876 18,979
10th Percentile £250 £260 £245
25th Percentile £375 £400 £400
Median daily rate (50th Percentile) £500 £500 £490
Median % change year-on-year - +2.04% +8.89%
75th Percentile £600 £600 £586
90th Percentile £688 £694 £663
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 2,189 1,255 1,329
10th Percentile £12.50 £10.68 £12.48
25th Percentile £15.46 £15.21 £14.25
Median hourly rate £38.12 £35.00 £21.00
Median % change year-on-year +8.91% +66.67% +0.65%
75th Percentile £61.30 £64.25 £47.50
90th Percentile £72.97 £74.92 £63.05
UK median hourly rate £36.50 £35.80 £25.68
% change year-on-year +1.96% +39.41% +11.65%

Economics
Job Vacancy Trend in the UK excluding London

Job postings citing Economics as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Economics in the UK excluding London

Economics
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Economics in the UK excluding London.

Daily rate trend for Economics in the UK excluding London

Economics
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Economics in the UK excluding London over the 6 months to 10 June 2024.

Daily rate histogram for Economics in the UK excluding London

Economics
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Economics in the UK excluding London.

Hourly rate trend for Economics in the UK excluding London

Economics
Hourly Rate Histogram in the UK excluding London

Hourly rate distribution of jobs citing Economics in the UK excluding London over the 6 months to 10 June 2024.

Hourly rate histogram for Economics in the UK excluding London

Economics
Contract Job Locations in the UK excluding 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 UK excluding London region over the 6 months to 10 June 2024. 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
North of England +27 4 £538 +9.69% 15
North West +14 4 £538 +11.98% 7
South East +5 3 £224 -40.40% 17
South West - 3 £538 - 6
Wales +21 2 - - 1
East of England +7 2 - - 7
Midlands +16 1 £475 -9.52% 8
Northern Ireland - 1 £325 -
West Midlands - 1 £475 - 5
Economics
UK

Economics
Co-occurring Skills and Capabilities in the UK excluding London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (7.14%) SAS
Applications
1 1 (7.14%) Stata
Business Applications
1 2 (14.29%) SAP MDG
2 1 (7.14%) SAP CO
2 1 (7.14%) SAP FI
2 1 (7.14%) SAP FI/CO
2 1 (7.14%) SAP S/4HANA
Cloud Services
1 1 (7.14%) Azure
1 1 (7.14%) Power Platform
Communications & Networking
1 2 (14.29%) Internet
Database & Business Intelligence
1 1 (7.14%) Metadata
1 1 (7.14%) Power BI
1 1 (7.14%) Tableau
General
1 7 (50.00%) Analytical Skills
2 5 (35.71%) Social Skills
3 3 (21.43%) Finance
3 3 (21.43%) Legal
4 2 (14.29%) Law
4 2 (14.29%) Pharmaceutical
4 2 (14.29%) Publishing
5 1 (7.14%) General Ledger
5 1 (7.14%) Influencing Skills
Job Titles
1 5 (35.71%) Analyst
2 2 (14.29%) Architect
2 2 (14.29%) Data Analyst
2 2 (14.29%) Data Analytics Architect
2 2 (14.29%) Data Governance Analyst
2 2 (14.29%) Data Governance Manager
2 2 (14.29%) Data Manager
2 2 (14.29%) Domain Architect
2 2 (14.29%) Enterprise Architect
2 2 (14.29%) Enterprise Technical Architect
2 2 (14.29%) Governance Manager
2 2 (14.29%) Lead
2 2 (14.29%) Lead Architect
2 2 (14.29%) Lead Enterprise Architect
2 2 (14.29%) SAP Data Manager
2 2 (14.29%) SAP Manager
2 2 (14.29%) Technical Architect
2 2 (14.29%) Technical Leader
3 1 (7.14%) Cybersecurity Manager
3 1 (7.14%) Project Manager - Cybersecurity
Miscellaneous
1 1 (7.14%) Analytical Mindset
1 1 (7.14%) Cyber Security Posture
1 1 (7.14%) Life Science
1 1 (7.14%) Management Information System
1 1 (7.14%) Reference Data
1 1 (7.14%) Security Posture
Processes & Methodologies
1 7 (50.00%) Problem-Solving
2 5 (35.71%) Statistics
3 4 (28.57%) Critical Thinking
4 3 (21.43%) Analytics
4 3 (21.43%) Computer Science
4 3 (21.43%) Data Science
5 2 (14.29%) Agile
5 2 (14.29%) Business Intelligence
5 2 (14.29%) Data Analysis
5 2 (14.29%) Data Governance
5 2 (14.29%) Data Management
5 2 (14.29%) Data Privacy
5 2 (14.29%) Dependency Management
5 2 (14.29%) Enterprise Architecture
5 2 (14.29%) Informatics
5 2 (14.29%) Market Research
5 2 (14.29%) Mathematics
5 2 (14.29%) Quality Management
5 2 (14.29%) Quantitative Analysis
5 2 (14.29%) TOGAF
Programming Languages
1 2 (14.29%) Python
1 2 (14.29%) SQL
2 1 (7.14%) R
Qualifications
1 11 (78.57%) Degree
2 5 (35.71%) Master's Degree
3 3 (21.43%) PhD
3 3 (21.43%) Postgraduate
4 1 (7.14%) BPSS Clearance
4 1 (7.14%) Numerate Degree
4 1 (7.14%) SAP Certification
4 1 (7.14%) SC Cleared
4 1 (7.14%) Security Cleared
Quality Assurance & Compliance
1 1 (7.14%) Data Quality
1 1 (7.14%) GDPR
Vendors
1 3 (21.43%) SAP
2 1 (7.14%) Salesforce