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 25 February 2024 with a comparison to the same period in the previous 2 years.

6 months to
25 Feb 2024
Same period 2023 Same period 2022
Rank 543 549 585
Rank change year-on-year +6 +36 +101
Permanent jobs citing Economics 286 572 662
As % of all permanent jobs advertised in the UK 0.37% 0.52% 0.47%
As % of the Processes & Methodologies category 0.41% 0.54% 0.50%
Number of salaries quoted 180 101 202
10th Percentile £25,000 £32,759 £31,250
25th Percentile £29,750 £41,250 £42,500
Median annual salary (50th Percentile) £47,171 £57,500 £57,500
Median % change year-on-year -17.96% - +4.55%
75th Percentile £70,000 £77,500 £80,000
90th Percentile £91,250 £102,500 £110,000
UK excluding London median annual salary £35,000 £55,000 £45,000
% change year-on-year -36.36% +22.22% -5.26%

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 68,926 105,830 132,995
As % of all permanent jobs advertised in the UK 88.75% 95.54% 95.09%
Number of salaries quoted 51,154 63,991 81,751
10th Percentile £29,500 £34,500 £32,750
25th Percentile £40,000 £45,750 £43,750
Median annual salary (50th Percentile) £55,000 £62,500 £60,000
Median % change year-on-year -12.00% +4.17% +9.09%
75th Percentile £75,000 £82,500 £78,750
90th Percentile £95,000 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £51,500
% change year-on-year -9.09% +6.80% +7.29%

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 25 February 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 25 February 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 -18 261 £47,171 -17.60% 193
London +135 144 £75,000 +33.61% 146
UK excluding London -94 132 £35,000 -36.36% 59
Work from Home +156 106 £51,528 -22.57% 83
Midlands +23 34 £28,500 -25.97% 7
North of England +71 30 £51,528 +28.82% 12
West Midlands +68 24 £25,000 -35.06% 7
East of England -36 23 £26,500 -64.67% 3
North West +49 18 £56,250 +12.50% 8
South East -34 18 £35,000 -25.13% 22
Wales - 11 £51,528 -
Yorkshire +88 10 £51,528 - 1
East Midlands -20 10 £30,500 -
South West +21 7 £39,000 - 8
Channel Islands - 5 - -
Scotland -12 4 £51,528 -6.31% 6
North East +8 2 £35,887 +15.76% 3

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 24 (8.39%) SAS
2 16 (5.59%) Apache Spark
3 15 (5.24%) Apache
4 8 (2.80%) CMS
4 8 (2.80%) Drupal
5 3 (1.05%) SharePoint
6 1 (0.35%) Apache Pulsar
Applications
1 66 (23.08%) Microsoft Excel
2 55 (19.23%) Microsoft Office
3 12 (4.20%) Microsoft PowerPoint
4 10 (3.50%) Spreadsheet
5 5 (1.75%) SPSS
6 2 (0.70%) EViews
7 1 (0.35%) Adobe Creative Suite
7 1 (0.35%) Adobe Illustrator
7 1 (0.35%) InDesign
7 1 (0.35%) Microsoft Project
7 1 (0.35%) Photoshop
Business Applications
1 2 (0.70%) Lawson
2 1 (0.35%) Endur
2 1 (0.35%) NetSuite
2 1 (0.35%) Oracle EBS
2 1 (0.35%) ResourceLink
2 1 (0.35%) SAP HCM
2 1 (0.35%) SAP S/4HANA
2 1 (0.35%) Shopify
Cloud Services
1 53 (18.53%) Power Platform
2 20 (6.99%) SaaS
3 17 (5.94%) AWS
4 10 (3.50%) Azure
5 6 (2.10%) GitHub
5 6 (2.10%) Microsoft 365
6 5 (1.75%) Amazon EMR
7 4 (1.40%) GCP
8 2 (0.70%) Cloud Computing
8 2 (0.70%) dbt
8 2 (0.70%) Entra ID
8 2 (0.70%) OneDrive
8 2 (0.70%) WeChat
9 1 (0.35%) Azure Logic Apps
9 1 (0.35%) Azure Synapse Analytics
9 1 (0.35%) Google Data Studio
9 1 (0.35%) Power Automate
9 1 (0.35%) PowerApps
9 1 (0.35%) SAP Fieldglass
9 1 (0.35%) Snowflake
Communications & Networking
1 6 (2.10%) DNS
2 2 (0.70%) SD-WAN
2 2 (0.70%) WAN
3 1 (0.35%) Broadband
3 1 (0.35%) Internet
Database & Business Intelligence
1 54 (18.88%) Tableau
2 52 (18.18%) Power BI
3 18 (6.29%) Data Mining
4 17 (5.94%) SQL Server Reporting Services
5 14 (4.90%) SQL Server
6 13 (4.55%) SQL Server Integration Services
7 9 (3.15%) Big Data
8 6 (2.10%) GIS
8 6 (2.10%) Looker
8 6 (2.10%) QlikView
9 5 (1.75%) Amazon Redshift
9 5 (1.75%) PowerPivot
10 3 (1.05%) Data Warehouse
10 3 (1.05%) DTS
11 2 (0.70%) Data Lake
11 2 (0.70%) Essbase
11 2 (0.70%) MS Access
11 2 (0.70%) ThoughtSpot
12 1 (0.35%) Power Query
12 1 (0.35%) Relational Database
Development Applications
1 7 (2.45%) Git
2 1 (0.35%) Visual Studio
2 1 (0.35%) Visual Studio Code
General
1 182 (63.64%) Finance
2 135 (47.20%) Analytical Skills
3 107 (37.41%) Social Skills
4 40 (13.99%) Marketing
5 38 (13.29%) Banking
6 27 (9.44%) Back Office
7 26 (9.09%) Legal
7 26 (9.09%) Presentation Skills
8 25 (8.74%) Retail
9 21 (7.34%) Organisational Skills
10 17 (5.94%) Inclusion and Diversity
11 15 (5.24%) Local Government
12 14 (4.90%) French Language
13 12 (4.20%) Billing
13 12 (4.20%) Publishing
14 11 (3.85%) Public Sector
15 10 (3.50%) Documentation Skills
16 9 (3.15%) Law
16 9 (3.15%) Retail Finance
17 8 (2.80%) Influencing Skills
Job Titles
1 145 (50.70%) Analyst
2 61 (21.33%) Senior
3 41 (14.34%) Senior Analyst
4 33 (11.54%) Data Analyst
5 22 (7.69%) Trainee
5 22 (7.69%) Trainee Analyst
6 18 (6.29%) Analytics Manager
6 18 (6.29%) Business Analyst
7 17 (5.94%) Financial Analyst
8 16 (5.59%) Commercial Analyst
8 16 (5.59%) Graduate
9 12 (4.20%) Charles River Analyst
9 12 (4.20%) Content Manager
9 12 (4.20%) Customer Analytics Manager
9 12 (4.20%) Developer
9 12 (4.20%) Senior Financial Analyst
9 12 (4.20%) Systems Analyst
9 12 (4.20%) Trainee Data Analyst
10 11 (3.85%) Lead
11 10 (3.50%) Trainee Business Analyst
Libraries, Frameworks & Software Standards
1 9 (3.15%) Web Services
2 6 (2.10%) Django
3 4 (1.40%) Tidyverse
4 1 (0.35%) .NET
4 1 (0.35%) CSS
4 1 (0.35%) Flask
4 1 (0.35%) HTML
4 1 (0.35%) jQuery
4 1 (0.35%) Lambda Expressions
4 1 (0.35%) Middleware
4 1 (0.35%) pytest
Miscellaneous
1 31 (10.84%) Onboarding
2 28 (9.79%) Credit Risk
3 24 (8.39%) Self-Motivation
4 21 (7.34%) Management Information System
5 17 (5.94%) Fixed Income
6 15 (5.24%) Algorithms
6 15 (5.24%) Social Media
7 13 (4.55%) Data Structures
7 13 (4.55%) Hedge funds
8 12 (4.20%) Smartcard
9 10 (3.50%) Product Ownership
10 7 (2.45%) Renewable Energy
11 6 (2.10%) Data Centre
12 4 (1.40%) Analytical Mindset
12 4 (1.40%) Mobile App
12 4 (1.40%) PMI
12 4 (1.40%) Pricing Data
13 3 (1.05%) FMCG
13 3 (1.05%) Hybrid Cloud
13 3 (1.05%) Microsoft Licensing
Operating Systems
1 5 (1.75%) Windows
1 5 (1.75%) Windows Vista
2 2 (0.70%) Linux
Processes & Methodologies
1 148 (51.75%) Mathematics
2 104 (36.36%) Statistics
3 84 (29.37%) Problem-Solving
4 75 (26.22%) Analytics
5 73 (25.52%) Business Intelligence
6 70 (24.48%) Data Analysis
7 55 (19.23%) Computer Science
8 45 (15.73%) Decision-Making
9 44 (15.38%) Risk Management
10 40 (13.99%) Business Strategy
11 39 (13.64%) Agile
11 39 (13.64%) Visualisation
12 38 (13.29%) Data Analytics
13 36 (12.59%) Mentoring
14 35 (12.24%) Physics
15 34 (11.89%) Data Modelling
16 32 (11.19%) Roadmaps
17 31 (10.84%) Data Visualisation
18 29 (10.14%) Project Management
19 25 (8.74%) Validation
Programming Languages
1 82 (28.67%) Python
2 75 (26.22%) SQL
3 44 (15.38%) R
4 9 (3.15%) VBA
5 6 (2.10%) PHP
6 2 (0.70%) Data Analysis Expressions
6 2 (0.70%) MATLAB
7 1 (0.35%) C
7 1 (0.35%) C#
7 1 (0.35%) C++
7 1 (0.35%) JavaScript
7 1 (0.35%) VB
Qualifications
1 224 (78.32%) Degree
2 29 (10.14%) Master's Degree
2 29 (10.14%) Numerate Degree
3 13 (4.55%) Computer Science Degree
4 12 (4.20%) MBA
5 8 (2.80%) Security Cleared
6 7 (2.45%) CFA
6 7 (2.45%) Postgraduate
7 5 (1.75%) ACCA
7 5 (1.75%) PMI Certification
8 4 (1.40%) PhD
8 4 (1.40%) SC Cleared
9 3 (1.05%) BPSS Clearance
10 1 (0.35%) CISA
10 1 (0.35%) CISM
10 1 (0.35%) CISSP
10 1 (0.35%) DV Cleared
10 1 (0.35%) Microsoft Certification
10 1 (0.35%) PMP
Quality Assurance & Compliance
1 15 (5.24%) CRD IV
1 15 (5.24%) IFRS
1 15 (5.24%) IFRS 9
2 10 (3.50%) QA
3 7 (2.45%) Actionable Recommendations
4 2 (0.70%) GDPR
5 1 (0.35%) Basel II
5 1 (0.35%) COBIT
5 1 (0.35%) Data Quality
5 1 (0.35%) Dodd-Frank
5 1 (0.35%) EMIR
5 1 (0.35%) ISO/IEC 27001
5 1 (0.35%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 1 (0.35%) MiFID
5 1 (0.35%) NIST
5 1 (0.35%) SNOMED CT
System Software
1 6 (2.10%) Docker
Vendors
1 53 (18.53%) Microsoft
2 13 (4.55%) Oracle
3 12 (4.20%) Charles River
4 8 (2.80%) MicroStrategy
5 7 (2.45%) SAP
6 6 (2.10%) Salesforce
7 5 (1.75%) Adobe
8 4 (1.40%) CA
8 4 (1.40%) Cadence
9 3 (1.05%) Apple
9 3 (1.05%) F5
9 3 (1.05%) IBM
10 2 (0.70%) Alteryx
10 2 (0.70%) Cisco
10 2 (0.70%) Cognos
10 2 (0.70%) Google
10 2 (0.70%) HubSpot
10 2 (0.70%) JD Edwards
10 2 (0.70%) VMware
11 1 (0.35%) DoubleClick