The following table provides summary statistics for contract job vacancies 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 27 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
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 495 576 544
Rank change year-on-year +81 -32  
Contract jobs citing Economics 88 64 87
As % of all contract IT jobs advertised in the UK 0.20% 0.12% 0.16%
As % of the Processes & Methodologies category 0.24% 0.15% 0.20%
Number of daily rates quoted 61 53 47
Median daily rate £525 £400 £360
Median daily rate % change year-on-year +31.25% +11.11%  
90% offered a daily rate of more than £313 £300 £240
10% offered a daily rate of more than £750 £500 £600
UK excluding London median daily rate £415 £375 £347
% change year-on-year +10.66% +7.91%  
Number of hourly rates quoted 1 2 0
Median hourly rate £125.00 £9.39 -
Median hourly rate % change year-on-year +1231.20% -  
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 with a requirement for process and methodology skills.

Contract Process & Methodology Skills
UK
Contract job vacancies with a requirement for process and methodology skills 37338 44118 43065
As % of all contract IT job vacancies advertised in the UK 83.13% 82.88% 79.71%
Number of daily rates quoted 24672 28919 26679
Median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.31%  
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £410 £400 £396
% change year-on-year +2.50% +1.01%  
Number of hourly rates quoted 945 1114 1248
Median hourly rate £36.00 £37.50 £28.50
Median hourly rate % change year-on-year -4.00% +31.57%  
90% offered a hourly rate of more than £13.00 £13.00 £12.10
10% offered a hourly rate of more than £53.00 £55.00 £49.50
UK excluding London median hourly rate £36.25 £38.50 £30.20
% change year-on-year -5.84% +27.48%  

Economics
Job Vacancy Trend

The job posting trend of jobs advertised 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 the UK

Economics
Contractor Daily Rate Trend

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

Contractor daily rate trend for Economics in the UK

Economics
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Economics over the 3 months to 27 March 2017.

Contractor daily rate histogram for Economics in the UK

Economics
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Economics in the UK

Economics
Top 30 Contract Locations

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 over the 3 months to 27 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
England +67 79 £525 +31.25% 29
London +53 47 £600 +35.21% 20
South East +18 17 £324 -12.56% 1
Hampshire +15 9 £324 -4.14% 1
Yorkshire +21 8 £440 -12.00% 1
West Yorkshire +21 7 £415 -17.00%
Leeds +17 7 £415 -17.00%
West Midlands +17 4 £650 +54.57%
Berkshire +31 3 £200 -
South West +3 3 £383 -1.29%
City of London +2 3 £508 +1.50% 3
Belfast - 3 £717 - 2
Havant - 3 £469 -
Northern Ireland - 3 £717 - 2
County Antrim - 3 £717 - 2
Bristol +4 2 £365 -5.80%
Coventry - 2 - -
Birmingham - 2 £650 -
Edinburgh - 2 - -
Scotland - 2 - - 1
Farnborough - 2 - -
North West +26 1 £425 +6.25% 2
Surrey +4 1 - -
Buckinghamshire - 1 £215 -
Oxfordshire - 1 £425 -
East Sussex - 1 £575 -
Swindon - 1 £400 -
South Yorkshire - 1 £650 -
Manchester - 1 £425 - 1
Sheffield - 1 £650 -

Economics
Top 30 Co-occurring IT Skills

For the 6 months to 27 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 with a requirement for Economics.

1 69 (38.98%) Finance
2 65 (36.72%) SQL
2 65 (36.72%) Degree
3 54 (30.51%) Statistics
4 51 (28.81%) Analytical Skills
5 49 (27.68%) Agile Software Development
6 48 (27.12%) Analytics
7 38 (21.47%) Banking
7 38 (21.47%) Mathematics
8 34 (19.21%) Project Management
9 31 (17.51%) SDLC
10 30 (16.95%) Stakeholder Management
10 30 (16.95%) Investment Banking
11 29 (16.38%) Computer Science
11 29 (16.38%) Java
12 28 (15.82%) Microsoft
12 28 (15.82%) Software Engineering
12 28 (15.82%) Technical Analysis
13 26 (14.69%) Migration
14 25 (14.12%) Change Management
14 25 (14.12%) Pair Programming
14 25 (14.12%) Marketing
15 24 (13.56%) Operations Research
16 23 (12.99%) Workflow
17 22 (12.43%) Python
18 21 (11.86%) C#
18 21 (11.86%) R
18 21 (11.86%) Data Migration
19 20 (11.30%) Security Cleared
19 20 (11.30%) Open Source

Economics
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 12 (6.78%) SAS
2 6 (3.39%) Confluence
3 4 (2.26%) IBM HTTP Server
4 3 (1.69%) Apache Spark
5 2 (1.13%) Apache Pig
5 2 (1.13%) CMS
5 2 (1.13%) Drupal
6 1 (0.56%) SharePoint
Applications
1 18 (10.17%) MS Excel
2 17 (9.60%) MS Office
3 8 (4.52%) MS PowerPoint
4 7 (3.95%) SPSS
5 3 (1.69%) Stata
6 2 (1.13%) EViews
6 2 (1.13%) LaTeX
6 2 (1.13%) MS Project
6 2 (1.13%) Spreadsheet
6 2 (1.13%) SPSS Modeler
7 1 (0.56%) MS Visio
Business Applications
1 1 (0.56%) Salesforce.com CRM
1 1 (0.56%) SAP Oil and Gas
Cloud Services
1 1 (0.56%) Google Analytics
1 1 (0.56%) Office 365
Communications & Networking
1 6 (3.39%) Internet
2 4 (2.26%) Intranet
3 2 (1.13%) Broadband
4 1 (0.56%) SMS
4 1 (0.56%) Value-Added Service
Database & Business Intelligence
1 15 (8.47%) Data Mining
2 9 (5.08%) Big Data
2 9 (5.08%) Relational Database
3 7 (3.95%) Data Warehouse
3 7 (3.95%) SQL Server
4 4 (2.26%) MS Access
4 4 (2.26%) Snowflake Schema
4 4 (2.26%) Spotfire
4 4 (2.26%) SQL Server 2005
4 4 (2.26%) SQL Server 2014
4 4 (2.26%) SQL Server Integration Services
5 3 (1.69%) Hadoop
5 3 (1.69%) KDB
5 3 (1.69%) NoSQL
5 3 (1.69%) OLAP
5 3 (1.69%) OLAP Cube
6 2 (1.13%) BusinessObjects
6 2 (1.13%) Cognos Report Studio
6 2 (1.13%) Impala
6 2 (1.13%) MOLAP
Development Applications
1 7 (3.95%) JIRA
2 5 (2.82%) Git (software)
3 4 (2.26%) Jenkins
3 4 (2.26%) Liquibase
3 4 (2.26%) Talend Open Studio
4 3 (1.69%) NUnit
4 3 (1.69%) TeamCity
5 1 (0.56%) Cucumber
5 1 (0.56%) JSUnit
5 1 (0.56%) JUnit
5 1 (0.56%) PHPUnit
5 1 (0.56%) Subversion
General
1 69 (38.98%) Finance
2 38 (21.47%) Banking
3 30 (16.95%) Investment Banking
4 25 (14.12%) Marketing
5 15 (8.47%) Front Office
6 11 (6.21%) Telecoms
7 8 (4.52%) Spanish Language
8 6 (3.39%) Advertising
8 6 (3.39%) Automotive
8 6 (3.39%) Mandarin Language
9 5 (2.82%) Legal
10 4 (2.26%) Aerospace
10 4 (2.26%) Back Office
11 3 (1.69%) Manufacturing
11 3 (1.69%) Retail
12 2 (1.13%) Financial Institution
13 1 (0.56%) Electronics
13 1 (0.56%) Games
13 1 (0.56%) Law
13 1 (0.56%) Publishing
Job Titles
1 52 (29.38%) Developer
2 50 (28.25%) Analyst
3 21 (11.86%) Java Developer
3 21 (11.86%) Senior Developer
4 19 (10.73%) Project Manager
5 18 (10.17%) Agile Developer
5 18 (10.17%) Agile Java Developer
5 18 (10.17%) Data Analyst
5 18 (10.17%) Senior Agile Developer
5 18 (10.17%) Senior Agile Java Developer
5 18 (10.17%) Senior Java Developer
6 10 (5.65%) Data Scientist
7 9 (5.08%) C++ Developer
7 9 (5.08%) C++ Quantitative Developer
7 9 (5.08%) Core Java Developer
7 9 (5.08%) Quantitative Developer
8 8 (4.52%) SC Cleared Project Manager
9 7 (3.95%) Business Manager
10 6 (3.39%) Java Team Leader
10 6 (3.39%) Marketing Manager
Libraries, Frameworks & Software Standards
1 20 (11.30%) Hibernate
1 20 (11.30%) Spring
2 17 (9.60%) J2SE
3 14 (7.91%) .NET
4 10 (5.65%) WPF
5 8 (4.52%) HTML
6 7 (3.95%) HTML5
7 5 (2.82%) AngularJS
7 5 (2.82%) CSS
8 4 (2.26%) Silverlight
8 4 (2.26%) Web Services
9 3 (1.69%) .NET Framework
9 3 (1.69%) Dapper ORM
9 3 (1.69%) Entity Framework
9 3 (1.69%) Flash
9 3 (1.69%) NHibernate
9 3 (1.69%) Reactive Extensions
10 2 (1.13%) Mason
10 2 (1.13%) Node.js
10 2 (1.13%) React
Miscellaneous
1 51 (28.81%) Analytical Skills
2 29 (16.38%) Computer Science
3 17 (9.60%) Derivative
4 14 (7.91%) Credit Risk
5 13 (7.34%) Foreign Exchange (FX)
6 10 (5.65%) Fixed Income
7 9 (5.08%) Equity Derivative
8 7 (3.95%) NHS
8 7 (3.95%) Virtual Team
9 5 (2.82%) Algorithms
9 5 (2.82%) Market Risk
10 4 (2.26%) Equities
10 4 (2.26%) Management Information System
10 4 (2.26%) OTC Derivatives
11 3 (1.69%) Data Centre
11 3 (1.69%) Exotic Derivative
12 2 (1.13%) Data Structures
12 2 (1.13%) Fintech
12 2 (1.13%) Over-the-Top Content
12 2 (1.13%) User Experience
Operating Systems
1 5 (2.82%) Unix
1 5 (2.82%) Windows
Processes & Methodologies
1 54 (30.51%) Statistics
2 49 (27.68%) Agile Software Development
3 48 (27.12%) Analytics
4 38 (21.47%) Mathematics
5 34 (19.21%) Project Management
6 31 (17.51%) SDLC
7 30 (16.95%) Stakeholder Management
8 28 (15.82%) Software Engineering
8 28 (15.82%) Technical Analysis
9 26 (14.69%) Migration
10 25 (14.12%) Change Management
10 25 (14.12%) Pair Programming
11 24 (13.56%) Operations Research
12 23 (12.99%) Workflow
13 21 (11.86%) Data Migration
14 20 (11.30%) Data Analysis
14 20 (11.30%) Open Source
15 19 (10.73%) Visualisation
16 18 (10.17%) Data Transformation
17 17 (9.60%) TDD
Programming Languages
1 65 (36.72%) SQL
2 29 (16.38%) Java
3 22 (12.43%) Python
4 21 (11.86%) C#
4 21 (11.86%) R
5 14 (7.91%) C++
6 13 (7.34%) VBA
7 8 (4.52%) JavaScript
8 4 (2.26%) T-SQL
8 4 (2.26%) XAML
9 3 (1.69%) MATLAB
9 3 (1.69%) Shell Script
9 3 (1.69%) TypeScript
10 2 (1.13%) Go
11 1 (0.56%) Apex Code
11 1 (0.56%) C
11 1 (0.56%) Scala
11 1 (0.56%) VB
Qualifications
1 65 (36.72%) Degree
2 20 (11.30%) Security Cleared
3 14 (7.91%) SC Cleared
4 11 (6.21%) PhD
5 10 (5.65%) MBA
6 6 (3.39%) BPSS Clearance
7 5 (2.82%) CFA
8 2 (1.13%) PMI Certification
8 2 (1.13%) PMP
8 2 (1.13%) Postgraduate
9 1 (0.56%) CISA
9 1 (0.56%) CISM
9 1 (0.56%) CISSP
9 1 (0.56%) PgMP
9 1 (0.56%) PRINCE2 Certification
9 1 (0.56%) Six Sigma Green Belt
Quality Assurance & Compliance
1 11 (6.21%) Data Quality
2 5 (2.82%) QA
3 4 (2.26%) GAAP
4 3 (1.69%) Disclosure Scotland
4 3 (1.69%) IFRS
4 3 (1.69%) IFRS 9
5 2 (1.13%) PMBOK
6 1 (0.56%) MiFID
6 1 (0.56%) PMO
6 1 (0.56%) SLA
Systems Management
1 2 (1.13%) Tivoli
2 1 (0.56%) Puppet
Vendors
1 28 (15.82%) Microsoft
2 18 (10.17%) Tableau
3 11 (6.21%) Oracle
4 9 (5.08%) SAP
5 8 (4.52%) IBM
6 7 (3.95%) Google
6 7 (3.95%) HP
7 4 (2.26%) Talend
8 2 (1.13%) Atlassian
8 2 (1.13%) Cognos
8 2 (1.13%) Teradata
8 2 (1.13%) TIBCO
9 1 (0.56%) hybris
9 1 (0.56%) Infor
9 1 (0.56%) Salesforce.com
Belfast, County Antrim
HAYS INFORMATION TECHNOLOGY
Rate: £717.00 per day
Posted: 3 days ago
London
AMS contingency
Posted: 4 days ago
London
Rullion
Posted: 5 days ago