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 25 June 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
25 Jun 2017
Same period 2016 Same period 2015
Rank 505 595 552
Rank change year-on-year +90 -43  
Contract jobs citing Economics 82 57 84
As % of all contract IT jobs advertised in the UK 0.18% 0.11% 0.15%
As % of the Processes & Methodologies category 0.21% 0.13% 0.19%
Number of daily rates quoted 60 44 46
Median daily rate £556 £438 £375
Median daily rate % change year-on-year +27.14% +16.66%  
90% offered a daily rate of more than £363 £200 £260
10% offered a daily rate of more than £600 £609 £493
UK excluding London median daily rate £363 £428 £363
% change year-on-year -15.25% +18.00%  
Number of hourly rates quoted 0 0 1
Median hourly rate - - £14.65
UK excluding London median hourly rate - - -

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 39103 44215 45229
As % of all contract IT job vacancies advertised in the UK 84.49% 83.33% 80.71%
Number of daily rates quoted 25496 29340 29026
Median daily rate £450 £438 £413
Median daily rate % change year-on-year +2.85% +6.06%  
90% offered a daily rate of more than £313 £300 £285
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 1041 1070 1262
Median hourly rate £32.50 £27.50 £27.50
Median hourly rate % change year-on-year +18.18% -  
90% offered a hourly rate of more than £13.00 £12.58 £12.35
10% offered a hourly rate of more than £53.00 £48.70 £50.00
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

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 25 June 2017.

Contractor daily rate histogram for Economics in the UK

Economics
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Economics in the UK

Economics
Top 20 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 25 June 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 +73 80 £556 +27.14% 31
London +47 61 £563 +24.65% 19
South East +36 16 £363 -30.95% 1
Berkshire +20 10 £363 -34.09% 1
Reading +16 7 £363 -34.09%
City of London +7 5 £650 +6.12% 4
Surrey +4 3 £325 -7.14%
Scotland +43 2 - -
West Midlands +23 2 £325 +22.18% 2
Edinburgh +15 2 - -
Buckinghamshire -13 2 £406 +69.27%
Maidenhead - 2 £413 -
Milton Keynes - 2 £406 -
North West +27 1 - - 1
Manchester +15 1 - - 1
Hampshire +4 1 - -
Dudley +4 1 - -
Hammersmith - 1 - -
Havant - 1 - -
Leatherhead - 1 - -

For the 6 months to 25 June 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 78 (45.09%) Finance
2 74 (42.77%) SQL
3 65 (37.57%) Agile Software Development
4 62 (35.84%) Degree
5 61 (35.26%) Banking
6 56 (32.37%) Mathematics
7 47 (27.17%) Investment Banking
8 43 (24.86%) Statistics
9 41 (23.70%) Analytical Skills
10 38 (21.97%) Java
11 37 (21.39%) TDD
12 36 (20.81%) Continuous Integration
13 34 (19.65%) Software Engineering
14 32 (18.50%) JavaScript
14 32 (18.50%) HTML
14 32 (18.50%) Scrum
14 32 (18.50%) Front Office
14 32 (18.50%) Analytics
15 31 (17.92%) SDLC
16 30 (17.34%) Continuous Improvement
16 30 (17.34%) Technical Analysis
16 30 (17.34%) C#
16 30 (17.34%) Computer Science
17 29 (16.76%) Derivative
17 29 (16.76%) HTML5
18 26 (15.03%) Virtual Team
19 25 (14.45%) Equity Derivative
20 24 (13.87%) Python
20 24 (13.87%) Microsoft
21 23 (13.29%) Microsoft Excel

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 14 (8.09%) SAS
2 2 (1.16%) CMS
2 2 (1.16%) Confluence
2 2 (1.16%) Drupal
3 1 (0.58%) Apache Spark
3 1 (0.58%) SharePoint
Applications
1 23 (13.29%) Microsoft Excel
2 10 (5.78%) Microsoft PowerPoint
3 8 (4.62%) Microsoft Office
4 7 (4.05%) SPSS
5 6 (3.47%) MS Visio
6 3 (1.73%) EViews
6 3 (1.73%) Spreadsheet
6 3 (1.73%) Stata
7 2 (1.16%) SPSS Modeler
Business Applications
1 9 (5.20%) Salesforce.com CRM
2 1 (0.58%) SAP Oil and Gas
2 1 (0.58%) Summit
Cloud Services
1 2 (1.16%) Amazon AWS
1 2 (1.16%) Google Analytics
2 1 (0.58%) Adobe Analytics
2 1 (0.58%) Office 365
Communications & Networking
1 3 (1.73%) SAN
2 2 (1.16%) NAS
2 2 (1.16%) WAN
3 1 (0.58%) Firewall
3 1 (0.58%) LAN
3 1 (0.58%) SMS
3 1 (0.58%) Value-Added Service
3 1 (0.58%) Wi-Fi
3 1 (0.58%) WLAN
Database & Business Intelligence
1 17 (9.83%) Relational Database
2 15 (8.67%) Data Mining
3 12 (6.94%) SQL Server
4 11 (6.36%) Big Data
5 7 (4.05%) Data Warehouse
6 5 (2.89%) NoSQL
7 4 (2.31%) GIS
7 4 (2.31%) Spotfire
7 4 (2.31%) SQL Server Integration Services
8 3 (1.73%) KDB
8 3 (1.73%) OLAP
8 3 (1.73%) OLAP Cube
9 2 (1.16%) Cognos Report Studio
9 2 (1.16%) Electronic Patient Records
9 2 (1.16%) MarkLogic
9 2 (1.16%) MOLAP
9 2 (1.16%) MongoDB
9 2 (1.16%) PowerCenter
9 2 (1.16%) RDBMS
9 2 (1.16%) Redis
Development Applications
1 10 (5.78%) NUnit
2 4 (2.31%) Jenkins
3 3 (1.73%) JIRA
3 3 (1.73%) TeamCity
4 2 (1.16%) Rational Rhapsody
4 2 (1.16%) Talend Open Studio
5 1 (0.58%) Cucumber
5 1 (0.58%) Git (software)
5 1 (0.58%) JSUnit
5 1 (0.58%) JUnit
5 1 (0.58%) PHPUnit
5 1 (0.58%) Subversion
General
1 78 (45.09%) Finance
2 61 (35.26%) Banking
3 47 (27.17%) Investment Banking
4 32 (18.50%) Front Office
5 19 (10.98%) Marketing
6 8 (4.62%) Retail
7 6 (3.47%) Automotive
7 6 (3.47%) Retail Banking
8 5 (2.89%) Advertising
8 5 (2.89%) Telecoms
9 3 (1.73%) Manufacturing
10 2 (1.16%) Pharmaceutical
10 2 (1.16%) Spanish Language
11 1 (0.58%) Aerospace
11 1 (0.58%) Electronics
11 1 (0.58%) Financial Institution
11 1 (0.58%) Law
Job Titles
1 68 (39.31%) Developer
2 49 (28.32%) Analyst
3 18 (10.40%) Java Developer
4 17 (9.83%) Data Analyst
4 17 (9.83%) JavaScript Developer
5 12 (6.94%) C# Developer
5 12 (6.94%) Data Scientist
5 12 (6.94%) Project Manager
6 11 (6.36%) Silverlight Developer
7 10 (5.78%) C# Developer - Investment Banking
8 9 (5.20%) C++ Developer
8 9 (5.20%) C++ Quantitative Developer
8 9 (5.20%) HTML Developer
8 9 (5.20%) Quantitative Developer
8 9 (5.20%) Salesforce Developer
8 9 (5.20%) WPF Developer
9 8 (4.62%) Architect
9 8 (4.62%) C# WPF Developer
9 8 (4.62%) XAML Developer
10 7 (4.05%) Angular Developer
Libraries, Frameworks & Software Standards
1 32 (18.50%) HTML
2 29 (16.76%) HTML5
3 22 (12.72%) .NET
3 22 (12.72%) AngularJS
4 21 (12.14%) CSS
5 17 (9.83%) WPF
6 16 (9.25%) Hibernate
6 16 (9.25%) J2SE
6 16 (9.25%) Spring
7 11 (6.36%) Silverlight
8 10 (5.78%) Reactive Extensions
9 5 (2.89%) React
10 4 (2.31%) Web Services
11 3 (1.73%) .NET Framework
11 3 (1.73%) Dapper ORM
11 3 (1.73%) Entity Framework
11 3 (1.73%) Flash
11 3 (1.73%) NHibernate
11 3 (1.73%) Node.js
11 3 (1.73%) XML
Miscellaneous
1 41 (23.70%) Analytical Skills
2 30 (17.34%) Computer Science
3 29 (16.76%) Derivative
4 26 (15.03%) Virtual Team
5 25 (14.45%) Equity Derivative
6 16 (9.25%) Fixed Income
7 15 (8.67%) Credit Risk
7 15 (8.67%) Foreign Exchange (FX)
8 8 (4.62%) NHS
9 6 (3.47%) Market Risk
10 5 (2.89%) Data Centre
10 5 (2.89%) User Experience
11 4 (2.31%) Algorithms
11 4 (2.31%) Life Science
12 3 (1.73%) Equities
12 3 (1.73%) Exotic Derivative
12 3 (1.73%) Fintech
12 3 (1.73%) Management Information System
13 1 (0.58%) Driving Licence
13 1 (0.58%) Private Cloud
Operating Systems
1 6 (3.47%) Unix
2 5 (2.89%) Windows
3 3 (1.73%) Linux
4 1 (0.58%) Mac OS X
4 1 (0.58%) MVS
Processes & Methodologies
1 65 (37.57%) Agile Software Development
2 56 (32.37%) Mathematics
3 43 (24.86%) Statistics
4 37 (21.39%) TDD
5 36 (20.81%) Continuous Integration
6 34 (19.65%) Software Engineering
7 32 (18.50%) Analytics
7 32 (18.50%) Scrum
8 31 (17.92%) SDLC
9 30 (17.34%) Continuous Improvement
9 30 (17.34%) Technical Analysis
10 22 (12.72%) Project Management
11 21 (12.14%) Pair Programming
12 20 (11.56%) Stakeholder Management
13 19 (10.98%) Data Modelling
14 16 (9.25%) Open Source
14 16 (9.25%) Visualisation
15 15 (8.67%) Operations Research
15 15 (8.67%) Workflow
16 14 (8.09%) Risk Management
Programming Languages
1 74 (42.77%) SQL
2 38 (21.97%) Java
3 32 (18.50%) JavaScript
4 30 (17.34%) C#
5 24 (13.87%) Python
6 19 (10.98%) R
7 16 (9.25%) VBA
8 14 (8.09%) C++
9 12 (6.94%) TypeScript
10 11 (6.36%) XAML
11 7 (4.05%) MATLAB
12 3 (1.73%) Scala
12 3 (1.73%) Shell Script
13 2 (1.16%) Apex Code
13 2 (1.16%) Go
13 2 (1.16%) Groovy
13 2 (1.16%) PL/SQL
13 2 (1.16%) T-SQL
14 1 (0.58%) VB
Qualifications
1 62 (35.84%) Degree
2 17 (9.83%) Numerate Degree
3 13 (7.51%) PhD
4 12 (6.94%) Security Cleared
5 8 (4.62%) Computer Science Degree
5 8 (4.62%) SC Cleared
6 4 (2.31%) MBA
7 3 (1.73%) BPSS Clearance
7 3 (1.73%) CFA
7 3 (1.73%) Master's Degree
8 2 (1.16%) ITIL Certification
8 2 (1.16%) PMI Certification
8 2 (1.16%) Postgraduate
9 1 (0.58%) A+ Certification
9 1 (0.58%) CBAP
9 1 (0.58%) PgMP
9 1 (0.58%) PMP
9 1 (0.58%) PRINCE2 Certification
9 1 (0.58%) Six Sigma Black Belt
9 1 (0.58%) Six Sigma Green Belt
Quality Assurance & Compliance
1 10 (5.78%) Data Quality
2 7 (4.05%) IFRS
2 7 (4.05%) IFRS 9
3 6 (3.47%) Basel II
4 2 (1.16%) PMBOK
4 2 (1.16%) SLA
5 1 (0.58%) Disclosure Scotland
5 1 (0.58%) GAAP
5 1 (0.58%) PMO
5 1 (0.58%) QA
Systems Management
1 1 (0.58%) Puppet
Vendors
1 24 (13.87%) Microsoft
2 18 (10.40%) Tableau
3 11 (6.36%) Oracle
4 9 (5.20%) Salesforce.com
5 2 (1.16%) Atlassian
5 2 (1.16%) Cognos
5 2 (1.16%) Google
5 2 (1.16%) IBM
5 2 (1.16%) Informatica
5 2 (1.16%) Talend
5 2 (1.16%) TIBCO
6 1 (0.58%) Adobe
6 1 (0.58%) Bloomberg
6 1 (0.58%) HP
6 1 (0.58%) hybris
6 1 (0.58%) Infor
6 1 (0.58%) SAP
6 1 (0.58%) Tealium
London
Lawrence Harvey
Rate: £500 - £600 per day
Posted: 3 days ago
London
London Business School
Posted: 11 days ago
North London
The Bridge Ltd
Rate: Unspecified
Posted: 6 days ago