Period
to 21 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for Econometrics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Econometrics over the 6 months to 21 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.

Econometrics
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 849 862 875
Rank change year-on-year +13 +13 -2
Contract jobs citing Econometrics 28 19 13
As % of all contract IT jobs advertised in the UK 0.027% 0.018% 0.011%
As % of the Processes & Methodologies category 0.032% 0.022% 0.014%
Number of daily rates quoted 25 13 13
UK median daily rate £550 £433 £700
Median daily rate % change year-on-year +27.17% -38.21% +154.55%
10th Percentile £310 £311 £483
90th Percentile £764 £588 £738
UK excluding London median daily rate £550 £425 £528
% change year-on-year +29.41% -19.43% -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Econometrics 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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 87132 87864 92880
As % of all contract IT jobs advertised in the UK 84.49% 83.90% 81.77%
Number of daily rates quoted 58048 58076 60168
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £630 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2060 2332 2734
UK median hourly rate £23.50 £24.00 £22.50
Median hourly rate % change year-on-year -2.08% +6.67% +18.42%
10th Percentile £11.49 £11.31 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.00 £24.50 £23.75
% change year-on-year -2.04% +3.16% +18.75%

Econometrics
Job Vacancy Trend

Job postings citing Econometrics as a percentage of all IT jobs advertised.

Job vacancy trend for Econometrics in the UK

Econometrics
Contractor Daily Rate Trend

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

Contractor daily rate trend for Econometrics in the UK

Econometrics
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Econometrics over the 6 months to 21 November 2017.

Contractor daily rate histogram for Econometrics in the UK

Econometrics
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Econometrics within the UK over the 6 months to 21 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
England +23 26 £550 +27.17% 4
London -12 23 £484 +9.57% 4
UK excluding London +20 5 £550 +29.41%
South East +1 2 £555 +30.59%
Scotland - 2 £525 -
North of England +52 1 £550 -
North West - 1 £550 -

For the 6 months to 21 November 2017, IT contractor jobs citing Econometrics also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Econometrics.

1 20 (71.43%) Marketing
2 19 (67.86%) Analytics
3 18 (64.29%) Statistics
4 16 (57.14%) Analytical Skills
4 16 (57.14%) R
5 15 (53.57%) Python
6 13 (46.43%) Economics
6 13 (46.43%) Mathematics
7 12 (42.86%) Finance
8 11 (39.29%) Degree
9 10 (35.71%) SQL
9 10 (35.71%) Actionable Insight
10 9 (32.14%) SAS
11 8 (28.57%) Business Intelligence
11 8 (28.57%) PhD
11 8 (28.57%) Tableau
11 8 (28.57%) Big Data
12 7 (25.00%) Hadoop
12 7 (25.00%) Advertising
12 7 (25.00%) Econometric Modelling
13 6 (21.43%) Numerate Degree
13 6 (21.43%) Marketing Analytics
13 6 (21.43%) Statistical Modelling
13 6 (21.43%) Data Analytics
14 5 (17.86%) Machine Learning
14 5 (17.86%) Relational Database
14 5 (17.86%) CRM
15 4 (14.29%) MATLAB
15 4 (14.29%) Banking
15 4 (14.29%) Retail

Econometrics
Co-occurring IT Skills 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 9 (32.14%) SAS
2 2 (7.14%) Apache Spark
3 1 (3.57%) CMS
Applications
1 3 (10.71%) EViews
1 3 (10.71%) Microsoft Excel
1 3 (10.71%) SPSS
2 2 (7.14%) Stata
3 1 (3.57%) Microsoft Office
Business Applications
1 1 (3.57%) Eloqua
Cloud Services
1 1 (3.57%) SaaS
Database & Business Intelligence
1 8 (28.57%) Big Data
2 7 (25.00%) Hadoop
3 5 (17.86%) Relational Database
4 2 (7.14%) Power BI
5 1 (3.57%) QlikView
5 1 (3.57%) Spotfire
5 1 (3.57%) SQL Server
Development Applications
1 1 (3.57%) RStudio
1 1 (3.57%) SQL Server Management Studio (SSMS)
General
1 20 (71.43%) Marketing
2 12 (42.86%) Finance
3 7 (25.00%) Advertising
4 4 (14.29%) Banking
4 4 (14.29%) Retail
5 3 (10.71%) Telecoms
6 2 (7.14%) Electronics
6 2 (7.14%) Investment Banking
6 2 (7.14%) Manufacturing
7 1 (3.57%) Financial Institution
7 1 (3.57%) Front Office
7 1 (3.57%) Legal
7 1 (3.57%) Publishing
Job Titles
1 11 (39.29%) Analyst
2 7 (25.00%) Data Scientist
3 3 (10.71%) Data Analyst
3 3 (10.71%) Statistical Modeller
4 2 (7.14%) Business Analyst
4 2 (7.14%) Econometrician
4 2 (7.14%) Econometrics Analyst
4 2 (7.14%) Marketing Analyst
4 2 (7.14%) Risk Analyst
4 2 (7.14%) Senior Data Scientist
5 1 (3.57%) Data Insight Analyst
5 1 (3.57%) Developer
5 1 (3.57%) Development Analyst
5 1 (3.57%) Excel Analyst
5 1 (3.57%) Insight Analyst
5 1 (3.57%) Insight Data Analyst
5 1 (3.57%) Marketing Consultant
5 1 (3.57%) Marketing Data Analyst
5 1 (3.57%) Qualitative Analyst
5 1 (3.57%) Testing Analyst
Miscellaneous
1 16 (57.14%) Analytical Skills
2 2 (7.14%) Credit Risk
2 2 (7.14%) Foreign Exchange (FX)
3 1 (3.57%) Algorithms
3 1 (3.57%) Computer Science
3 1 (3.57%) Data Protection Act
3 1 (3.57%) Derivative
3 1 (3.57%) FMCG
3 1 (3.57%) Market Risk
3 1 (3.57%) Over-the-Top Content
3 1 (3.57%) Video on Demand
Operating Systems
1 1 (3.57%) Linux
Processes & Methodologies
1 19 (67.86%) Analytics
2 18 (64.29%) Statistics
3 13 (46.43%) Economics
3 13 (46.43%) Mathematics
4 10 (35.71%) Actionable Insight
5 8 (28.57%) Business Intelligence
6 7 (25.00%) Econometric Modelling
7 6 (21.43%) Data Analytics
7 6 (21.43%) Marketing Analytics
7 6 (21.43%) Statistical Modelling
8 5 (17.86%) CRM
8 5 (17.86%) Machine Learning
9 4 (14.29%) Digital Marketing
9 4 (14.29%) Visualisation
10 3 (10.71%) E-Commerce
10 3 (10.71%) Physics
10 3 (10.71%) Time Series Analysis
10 3 (10.71%) Web Analytics
11 2 (7.14%) Data Management
11 2 (7.14%) Logistics
Programming Languages
1 16 (57.14%) R
2 15 (53.57%) Python
3 10 (35.71%) SQL
4 4 (14.29%) MATLAB
5 1 (3.57%) Bash Shell
5 1 (3.57%) C++
5 1 (3.57%) Perl
5 1 (3.57%) T-SQL
5 1 (3.57%) VBA
Qualifications
1 11 (39.29%) Degree
2 8 (28.57%) PhD
3 6 (21.43%) Numerate Degree
Quality Assurance & Compliance
1 2 (7.14%) IFRS
1 2 (7.14%) IFRS 9
2 1 (3.57%) Actionable Recommendations
2 1 (3.57%) Basel II
Vendors
1 8 (28.57%) Tableau
2 2 (7.14%) SAP
2 2 (7.14%) Teradata
3 1 (3.57%) Oracle
3 1 (3.57%) Salesforce.com