Economics
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Economics skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Economics over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 544 475 632
Rank change year-on-year -69 +157 +63
Permanent jobs citing Economics 386 622 738
As % of all permanent jobs advertised in the UK 0.39% 0.61% 0.47%
As % of the Processes & Methodologies category 0.46% 0.64% 0.49%
Number of salaries quoted 188 89 223
10th Percentile £25,000 £32,759 £30,000
25th Percentile £29,750 £40,000 £42,500
Median annual salary (50th Percentile) £46,293 £52,500 £57,500
Median % change year-on-year -11.82% -8.70% +15.00%
75th Percentile £63,250 £67,500 £90,000
90th Percentile £91,250 £77,750 £110,000
UK excluding London median annual salary £38,000 £53,519 £42,500
% change year-on-year -29.00% +25.93% -10.53%

All Process and Methodology Skills
UK

Economics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 84,809 96,894 150,102
As % of all permanent jobs advertised in the UK 85.57% 95.61% 95.67%
Number of salaries quoted 59,843 56,945 82,179
10th Percentile £29,000 £34,000 £33,500
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £61,180 £60,000
Median % change year-on-year -10.10% +1.97% +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £100,000 £96,550
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Economics
Job Vacancy Trend

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

Job vacancy trend for Economics in the UK

Economics
Salary Trend

3-month moving average salary quoted in jobs citing Economics.

Salary trend for Economics in the UK

Economics
Salary Histogram

Salary distribution for jobs citing Economics over the 6 months to 9 May 2024.

Salary histogram for Economics in the UK

Economics
Top 17 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Economics within the UK over the 6 months to 9 May 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England -47 352 £46,293 -11.73% 212
UK excluding London -147 193 £38,000 -29.00% 66
London +77 182 £64,850 +29.70% 144
Work from Home +77 123 £45,001 -21.74% 129
North of England +47 53 £51,528 +28.82% 15
Midlands -43 39 £26,000 -60.00% 14
South East -75 31 £46,293 -11.64% 19
East of England -61 27 £27,750 -63.00% 8
North West +11 25 £55,000 +37.50% 8
West Midlands -1 25 £25,000 -61.54% 9
South West -14 20 £63,750 +19.12% 5
Yorkshire +78 19 £51,528 +124.03% 5
East Midlands -37 14 £30,500 - 5
Wales +10 11 £51,528 - 1
North East +4 9 £56,075 +80.89% 2
Scotland -69 7 £51,528 - 6
Channel Islands - 5 - -

Economics
Co-occurring Skills and Capabilities 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 69 (17.88%) SAS
2 16 (4.15%) Apache Spark
3 15 (3.89%) Apache
3 15 (3.89%) CMS
4 13 (3.37%) Drupal
5 3 (0.78%) SharePoint
Applications
1 86 (22.28%) Microsoft Excel
2 61 (15.80%) Microsoft Office
3 20 (5.18%) Microsoft PowerPoint
4 16 (4.15%) Spreadsheet
5 10 (2.59%) SPSS
6 8 (2.07%) Microsoft Project
7 2 (0.52%) EViews
8 1 (0.26%) Adobe Creative Suite
8 1 (0.26%) InDesign
Business Applications
1 8 (2.07%) Primavera
2 4 (1.04%) Lawson
3 3 (0.78%) SAP S/4HANA
4 1 (0.26%) Data Workbench
4 1 (0.26%) Endur
4 1 (0.26%) SAP CO
4 1 (0.26%) SAP FI
4 1 (0.26%) SAP FI/CO
4 1 (0.26%) SAP FSCM
4 1 (0.26%) SAP HCM
4 1 (0.26%) SAP MDG
4 1 (0.26%) SAP PP
Cloud Services
1 51 (13.21%) Power Platform
2 20 (5.18%) SaaS
3 19 (4.92%) AWS
4 12 (3.11%) Azure
5 11 (2.85%) GitHub
6 6 (1.55%) Microsoft 365
7 4 (1.04%) Amazon EMR
8 3 (0.78%) Entra ID
9 2 (0.52%) Google Analytics
9 2 (0.52%) OneDrive
9 2 (0.52%) WeChat
10 1 (0.26%) Azure Functions
10 1 (0.26%) Azure Logic Apps
10 1 (0.26%) Azure Stack
10 1 (0.26%) GCP
10 1 (0.26%) Power Automate
10 1 (0.26%) PowerApps
10 1 (0.26%) SAP Fieldglass
10 1 (0.26%) Snowflake
10 1 (0.26%) WhatsApp
Communications & Networking
1 6 (1.55%) DNS
2 3 (0.78%) SD-WAN
2 3 (0.78%) WAN
3 1 (0.26%) Firewall
3 1 (0.26%) Internet
3 1 (0.26%) LAN
3 1 (0.26%) SAN
3 1 (0.26%) Wi-Fi
3 1 (0.26%) WLAN
Database & Business Intelligence
1 60 (15.54%) Tableau
2 50 (12.95%) Power BI
3 26 (6.74%) Data Mining
4 15 (3.89%) SQL Server Reporting Services
5 13 (3.37%) Big Data
6 10 (2.59%) SQL Server
6 10 (2.59%) SQL Server Integration Services
7 6 (1.55%) Amazon QuickSight
7 6 (1.55%) Amazon Redshift
7 6 (1.55%) GIS
8 5 (1.30%) PowerPivot
9 4 (1.04%) Essbase
9 4 (1.04%) MS Access
9 4 (1.04%) QlikView
9 4 (1.04%) Relational Database
10 3 (0.78%) Looker
11 2 (0.52%) DTS
11 2 (0.52%) NoSQL
11 2 (0.52%) PostgreSQL
12 1 (0.26%) Data Warehouse
Development Applications
1 13 (3.37%) Git
General
1 258 (66.84%) Finance
2 195 (50.52%) Analytical Skills
3 175 (45.34%) Social Skills
4 82 (21.24%) Legal
5 74 (19.17%) Banking
6 50 (12.95%) Publishing
7 36 (9.33%) Marketing
8 28 (7.25%) Retail
9 25 (6.48%) Back Office
10 24 (6.22%) Presentation Skills
11 19 (4.92%) Inclusion and Diversity
11 19 (4.92%) Organisational Skills
12 15 (3.89%) Local Government
13 13 (3.37%) Billing
14 12 (3.11%) Influencing Skills
15 11 (2.85%) Documentation Skills
15 11 (2.85%) Manufacturing
15 11 (2.85%) Social Science
16 10 (2.59%) French Language
17 9 (2.33%) Retail Finance
Job Titles
1 165 (42.75%) Analyst
2 123 (31.87%) Senior
3 55 (14.25%) Senior Analyst
4 41 (10.62%) Senior Data Warehouse Specialist
5 30 (7.77%) Data Analyst
6 27 (6.99%) Financial Analyst
7 25 (6.48%) Trainee
8 24 (6.22%) Lead
9 23 (5.96%) Trainee Analyst
10 19 (4.92%) Consultant
11 18 (4.66%) Analytics Manager
11 18 (4.66%) Senior Financial Analyst
12 17 (4.40%) Business Analyst
13 16 (4.15%) Commercial Analyst
14 15 (3.89%) Developer
15 14 (3.63%) Product Manager
16 12 (3.11%) Customer Analytics Manager
16 12 (3.11%) Drupal Developer
16 12 (3.11%) Graduate
16 12 (3.11%) Trainee Data Analyst
Libraries, Frameworks & Software Standards
1 12 (3.11%) Web Services
2 8 (2.07%) EDI
3 5 (1.30%) Django
4 4 (1.04%) Tidyverse
5 2 (0.52%) Middleware
6 1 (0.26%) Flask
6 1 (0.26%) Lambda Expressions
6 1 (0.26%) Pandas
6 1 (0.26%) pytest
Miscellaneous
1 61 (15.80%) Credit Risk
2 52 (13.47%) Onboarding
3 24 (6.22%) Self-Motivation
4 22 (5.70%) Algorithms
5 21 (5.44%) Management Information System
6 19 (4.92%) Data Structures
7 15 (3.89%) Fixed Income
8 13 (3.37%) Hedge funds
8 13 (3.37%) Product Ownership
8 13 (3.37%) Social Media
9 12 (3.11%) Smartcard
10 7 (1.81%) Renewable Energy
10 7 (1.81%) Virtual Team
11 6 (1.55%) Data Centre
12 5 (1.30%) Client/Server
12 5 (1.30%) Mobile App
13 4 (1.04%) Analytical Mindset
13 4 (1.04%) Digital Media
13 4 (1.04%) PMI
14 3 (0.78%) Microsoft Licensing
Operating Systems
1 7 (1.81%) Windows
2 5 (1.30%) Windows Vista
3 3 (0.78%) Linux
4 1 (0.26%) Android
4 1 (0.26%) Apple iOS
4 1 (0.26%) Windows 10
4 1 (0.26%) Windows Server
4 1 (0.26%) Windows Server 2019
Processes & Methodologies
1 159 (41.19%) Mathematics
2 128 (33.16%) Analytics
3 120 (31.09%) Data Analysis
4 102 (26.42%) Statistics
5 100 (25.91%) Problem-Solving
6 88 (22.80%) Risk Management
7 79 (20.47%) Business Intelligence
8 56 (14.51%) Stress Testing
9 53 (13.73%) Computer Science
10 52 (13.47%) Business Strategy
10 52 (13.47%) Decision-Making
11 51 (13.21%) Agile
12 50 (12.95%) Project Management
13 49 (12.69%) Data Analytics
13 49 (12.69%) Roadmaps
14 43 (11.14%) Visualisation
15 42 (10.88%) Customer Experience
16 41 (10.62%) Benchmarking
17 40 (10.36%) Budget Responsibility
18 38 (9.84%) Data Visualisation
Programming Languages
1 93 (24.09%) SQL
2 92 (23.83%) Python
3 40 (10.36%) R
4 13 (3.37%) VBA
5 11 (2.85%) PHP
6 2 (0.52%) MATLAB
7 1 (0.26%) C
7 1 (0.26%) C++
7 1 (0.26%) Go
7 1 (0.26%) Java
7 1 (0.26%) PowerShell
7 1 (0.26%) VB
Qualifications
1 271 (70.21%) Degree
2 44 (11.40%) Master's Degree
3 30 (7.77%) Numerate Degree
4 21 (5.44%) Security Cleared
5 17 (4.40%) MBA
6 14 (3.63%) DV Cleared
7 12 (3.11%) Computer Science Degree
8 11 (2.85%) BPSS Clearance
9 8 (2.07%) APMG
9 8 (2.07%) DBS Check
10 7 (1.81%) ACCA
10 7 (1.81%) CFA
10 7 (1.81%) PhD
10 7 (1.81%) Postgraduate
11 4 (1.04%) PMI Certification
11 4 (1.04%) SC Cleared
12 2 (0.52%) CIMA
12 2 (0.52%) Microsoft Certification
13 1 (0.26%) CISA
13 1 (0.26%) CISM
Quality Assurance & Compliance
1 55 (14.25%) IFRS
1 55 (14.25%) IFRS 9
2 15 (3.89%) CRD IV
3 14 (3.63%) QA
4 11 (2.85%) Actionable Recommendations
5 2 (0.52%) Accessibility
5 2 (0.52%) GDPR
6 1 (0.26%) Basel II
6 1 (0.26%) COBIT
6 1 (0.26%) Data Quality
6 1 (0.26%) Dodd-Frank
6 1 (0.26%) EMIR
6 1 (0.26%) ISO/IEC 27001
6 1 (0.26%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 1 (0.26%) MiFID
6 1 (0.26%) NIST
6 1 (0.26%) SLA
System Software
1 11 (2.85%) Docker
2 2 (0.52%) Firmware
3 1 (0.26%) Hyper-V
3 1 (0.26%) Microsoft Virtual Server
3 1 (0.26%) Virtual Servers
3 1 (0.26%) VMware ESXi
Systems Management
1 1 (0.26%) SCCM
Vendors
1 72 (18.65%) Microsoft
2 14 (3.63%) Oracle
2 14 (3.63%) SAP
3 10 (2.59%) Charles River
4 9 (2.33%) Cadence
5 8 (2.07%) Sun
6 7 (1.81%) Salesforce
7 6 (1.55%) CA
8 4 (1.04%) Adobe
8 4 (1.04%) Cognos
8 4 (1.04%) JD Edwards
8 4 (1.04%) MicroStrategy
9 3 (0.78%) Apple
9 3 (0.78%) Cisco
9 3 (0.78%) Databricks
9 3 (0.78%) F5
9 3 (0.78%) IBM
9 3 (0.78%) VMware
10 2 (0.52%) Google
10 2 (0.52%) HubSpot