Period
to 22 November 2017

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 6 months to 22 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.

Economics
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 702 732 760
Rank change year-on-year +30 +28 -91
Contract jobs citing Economics 182 167 144
As % of all contract IT jobs advertised in the UK 0.18% 0.16% 0.13%
As % of the Processes & Methodologies category 0.21% 0.19% 0.16%
Number of daily rates quoted 134 117 98
UK median daily rate £561 £400 £400
Median daily rate % change year-on-year +40.31% - -
10th Percentile £316 £268 £228
90th Percentile £651 £625 £594
UK excluding London median daily rate £390 £350 £369
% change year-on-year +11.43% -5.08% -2.85%
Number of hourly rates quoted 3 2 2
UK median hourly rate £29.50 £24.88 £14.11
Median hourly rate % change year-on-year +18.59% +76.36% -52.98%
10th Percentile £26.35 £18.09 £9.39
90th Percentile £34.85 £32.16 £18.82
UK excluding London median hourly rate £32.00 - -

Economics 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 87155 88463 92228
As % of all contract IT jobs advertised in the UK 84.47% 83.90% 81.79%
Number of daily rates quoted 58071 58482 59737
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +2.91% +3.25%
10th Percentile £281 £263 £263
90th Percentile £631 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2066 2352 2726
UK median hourly rate £23.63 £24.00 £22.50
Median hourly rate % change year-on-year -1.56% +6.67% +18.42%
10th Percentile £11.50 £11.25 £11.33
90th Percentile £49.88 £48.75 £47.61
UK excluding London median hourly rate £24.00 £24.50 £23.75
% change year-on-year -2.04% +3.16% +18.75%

Economics
Job Vacancy Trend

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

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 6 months to 22 November 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 13 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 6 months to 22 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 +30 175 £563 +35.95% 31
London +10 138 £575 - 21
UK excluding London +3 38 £390 +11.43% 10
South East -1 23 £363 -8.23% 4
North of England +62 9 £480 +37.14% 2
Yorkshire +30 8 £456 -
Midlands +20 3 £390 +18.18% 3
East Midlands -3 2 £390 -4.29% 3
West Midlands +23 1 - -
Wales +18 1 £385 -3.75%
North West +12 1 £550 +41.94% 2
Scotland -12 1 - -
East of England - 1 - - 1

For the 6 months to 22 November 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 92 (50.55%) Finance
2 81 (44.51%) Banking
3 72 (39.56%) SQL
4 68 (37.36%) Agile Software Development
5 65 (35.71%) Degree
6 56 (30.77%) Investment Banking
6 56 (30.77%) Analytical Skills
7 49 (26.92%) Java
8 47 (25.82%) SDLC
9 46 (25.27%) Virtual Team
10 44 (24.18%) Mathematics
11 43 (23.63%) Statistics
12 42 (23.08%) Technical Analysis
13 40 (21.98%) Workflow
13 40 (21.98%) Hibernate
13 40 (21.98%) J2SE
13 40 (21.98%) Spring
13 40 (21.98%) Open Source
14 39 (21.43%) Software Engineering
15 33 (18.13%) Fixed Income
16 30 (16.48%) Project Management
17 29 (15.93%) Analytics
18 25 (13.74%) Migration
18 25 (13.74%) CRM
19 24 (13.19%) Pair Programming
19 24 (13.19%) Computer Science
20 23 (12.64%) Data Migration
20 23 (12.64%) TDD
20 23 (12.64%) Marketing
20 23 (12.64%) Data Transformation

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 13 (7.14%) SAS
2 5 (2.75%) Apache Spark
3 4 (2.20%) WebSphere
4 1 (0.55%) CMS
4 1 (0.55%) Elasticsearch
Applications
1 21 (11.54%) Microsoft Excel
2 8 (4.40%) Microsoft PowerPoint
3 6 (3.30%) MS Visio
4 5 (2.75%) Microsoft Office
5 3 (1.65%) EViews
6 2 (1.10%) SPSS
7 1 (0.55%) Spreadsheet
7 1 (0.55%) Stata
Business Applications
1 16 (8.79%) Salesforce.com CRM
2 6 (3.30%) ION MarketView
3 4 (2.20%) Oracle Financials
3 4 (2.20%) Oracle Retail
3 4 (2.20%) PeopleSoft Financials
4 3 (1.65%) Dynamics CRM
5 1 (0.55%) Summit
Cloud Services
1 3 (1.65%) Adobe Analytics
2 2 (1.10%) Amazon AWS
2 2 (1.10%) Google Analytics
2 2 (1.10%) Microsoft Azure
3 1 (0.55%) Google Cloud Platform
3 1 (0.55%) Google Tag Manager
3 1 (0.55%) SaaS
Communications & Networking
1 2 (1.10%) Intranet
1 2 (1.10%) NAS
1 2 (1.10%) SAN
1 2 (1.10%) WAN
2 1 (0.55%) Broadband
2 1 (0.55%) Internet
2 1 (0.55%) Network Security
2 1 (0.55%) SMS
Database & Business Intelligence
1 16 (8.79%) Big Data
2 14 (7.69%) Relational Database
3 10 (5.49%) SQL Server
4 9 (4.95%) Data Warehouse
4 9 (4.95%) Hadoop
5 6 (3.30%) RDBMS
6 5 (2.75%) Power BI
7 4 (2.20%) Data Mining
7 4 (2.20%) Electronic Patient Records
7 4 (2.20%) PowerCenter
8 3 (1.65%) GIS
8 3 (1.65%) OLAP
8 3 (1.65%) PowerPivot
9 2 (1.10%) QlikView
9 2 (1.10%) SQL Server Reporting Services
10 1 (0.55%) BigQuery
10 1 (0.55%) NoSQL
10 1 (0.55%) Oracle Database
10 1 (0.55%) Oracle Reports
10 1 (0.55%) Spotfire
Development Applications
1 4 (2.20%) NUnit
1 4 (2.20%) Rational Rhapsody
1 4 (2.20%) Talend Open Studio
2 1 (0.55%) JIRA
General
1 92 (50.55%) Finance
2 81 (44.51%) Banking
3 56 (30.77%) Investment Banking
4 23 (12.64%) Marketing
5 19 (10.44%) Front Office
6 10 (5.49%) Financial Institution
7 8 (4.40%) Telecoms
8 7 (3.85%) Retail Banking
9 6 (3.30%) Pharmaceutical
9 6 (3.30%) Retail
10 5 (2.75%) Advertising
11 3 (1.65%) Automotive
11 3 (1.65%) Legal
12 1 (0.55%) Electronics
12 1 (0.55%) Manufacturing
Job Titles
1 59 (32.42%) Developer
2 47 (25.82%) Analyst
3 41 (22.53%) Java Developer
4 23 (12.64%) Agile Developer
4 23 (12.64%) Agile Java Developer
5 16 (8.79%) Salesforce Developer
6 15 (8.24%) Data Analyst
7 14 (7.69%) Project Manager
8 13 (7.14%) Architect
8 13 (7.14%) Business Analyst
9 11 (6.04%) Data Scientist
9 11 (6.04%) JavaScript Developer
9 11 (6.04%) Systems Developer
10 10 (5.49%) Senior Manager
11 9 (4.95%) Risk Analyst
12 6 (3.30%) Credit Analyst
12 6 (3.30%) Credit Risk Analyst
12 6 (3.30%) Electronic Trading Business Analyst
12 6 (3.30%) Fixed Income Business Analyst
12 6 (3.30%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 40 (21.98%) Hibernate
1 40 (21.98%) J2SE
1 40 (21.98%) Spring
2 18 (9.89%) HTML
3 16 (8.79%) CSS
4 15 (8.24%) HTML5
5 14 (7.69%) AngularJS
6 5 (2.75%) WPF
7 4 (2.20%) .NET
7 4 (2.20%) Reactive Extensions
7 4 (2.20%) Silverlight
8 2 (1.10%) LESS
8 2 (1.10%) MDX
8 2 (1.10%) Middleware
8 2 (1.10%) React
8 2 (1.10%) Sass
9 1 (0.55%) Kafka
9 1 (0.55%) Pandas
9 1 (0.55%) WinForms
Miscellaneous
1 56 (30.77%) Analytical Skills
2 46 (25.27%) Virtual Team
3 33 (18.13%) Fixed Income
4 24 (13.19%) Computer Science
5 21 (11.54%) Derivative
6 19 (10.44%) Equity Derivative
7 10 (5.49%) Credit Risk
8 9 (4.95%) Greenfield Project
9 7 (3.85%) Foreign Exchange (FX)
9 7 (3.85%) User Experience
10 5 (2.75%) Data Centre
10 5 (2.75%) NHS
11 4 (2.20%) Life Science
11 4 (2.20%) Market Risk
12 2 (1.10%) Algorithms
12 2 (1.10%) Analytical Mindset
12 2 (1.10%) Blog
12 2 (1.10%) Data Structures
12 2 (1.10%) Fintech
12 2 (1.10%) Management Information System
Operating Systems
1 4 (2.20%) Linux
Processes & Methodologies
1 68 (37.36%) Agile Software Development
2 47 (25.82%) SDLC
3 44 (24.18%) Mathematics
4 43 (23.63%) Statistics
5 42 (23.08%) Technical Analysis
6 40 (21.98%) Open Source
6 40 (21.98%) Workflow
7 39 (21.43%) Software Engineering
8 30 (16.48%) Project Management
9 29 (15.93%) Analytics
10 25 (13.74%) CRM
10 25 (13.74%) Migration
11 24 (13.19%) Pair Programming
12 23 (12.64%) Continuous Improvement
12 23 (12.64%) Data Migration
12 23 (12.64%) Data Transformation
12 23 (12.64%) TDD
13 22 (12.09%) Continuous Integration
14 18 (9.89%) Scrum
15 16 (8.79%) Operations Research
Programming Languages
1 72 (39.56%) SQL
2 49 (26.92%) Java
3 21 (11.54%) JavaScript
4 17 (9.34%) R
5 14 (7.69%) Python
6 10 (5.49%) C#
7 8 (4.40%) TypeScript
8 7 (3.85%) VBA
9 4 (2.20%) PL/SQL
9 4 (2.20%) XAML
10 3 (1.65%) C++
11 2 (1.10%) MATLAB
12 1 (0.55%) C
12 1 (0.55%) Scala
12 1 (0.55%) VB
Qualifications
1 65 (35.71%) Degree
2 14 (7.69%) Numerate Degree
3 10 (5.49%) Master's Degree
4 8 (4.40%) PhD
4 8 (4.40%) Security Cleared
5 6 (3.30%) BPSS Clearance
5 6 (3.30%) Postgraduate
6 4 (2.20%) SC Cleared
7 3 (1.65%) ITIL Certification
8 1 (0.55%) CCIE
8 1 (0.55%) Cisco Certification
8 1 (0.55%) CISM
8 1 (0.55%) Computer Science Degree
8 1 (0.55%) CREST Certified
8 1 (0.55%) CRISC
8 1 (0.55%) DV Cleared
8 1 (0.55%) SANS
8 1 (0.55%) Six Sigma Green Belt
Quality Assurance & Compliance
1 18 (9.89%) Data Quality
2 7 (3.85%) Basel II
3 6 (3.30%) IFRS
3 6 (3.30%) IFRS 9
4 5 (2.75%) Disclosure Scotland
5 3 (1.65%) GDPR
6 2 (1.10%) MiFID
7 1 (0.55%) Actionable Recommendations
7 1 (0.55%) ISO/IEC 27001
7 1 (0.55%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 1 (0.55%) PCI DSS
7 1 (0.55%) QA
Systems Management
1 1 (0.55%) Kibana
1 1 (0.55%) Terraform
Vendors
1 19 (10.44%) Salesforce.com
2 13 (7.14%) Microsoft
3 11 (6.04%) Tableau
4 9 (4.95%) Oracle
5 8 (4.40%) SAP
6 6 (3.30%) ION Trading
7 4 (2.20%) ATG
7 4 (2.20%) Hyperion
7 4 (2.20%) Informatica
7 4 (2.20%) PeopleSoft
7 4 (2.20%) Retek
7 4 (2.20%) Talend
8 3 (1.65%) Adobe
8 3 (1.65%) Yardi
9 2 (1.10%) Bloomberg
9 2 (1.10%) Cognos
9 2 (1.10%) Google
9 2 (1.10%) Tealium
10 1 (0.55%) Murex
10 1 (0.55%) Workday