Econometrics Contracts

Econometrics
UK

The following table provides summary statistics for contract job vacancies with a requirement for Econometrics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Econometrics over the 6 months to 1 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank 560 676 827
Rank change year-on-year +116 +151 -130
Contract jobs citing Econometrics 15 6 11
As % of all contract jobs advertised in the UK 0.035% 0.011% 0.013%
As % of the Processes & Methodologies category 0.041% 0.012% 0.014%
Number of daily rates quoted 13 2 5
10th Percentile £122 - £505
25th Percentile £315 £363 £513
Median daily rate (50th Percentile) £400 £375 £588
Median % change year-on-year +6.67% -36.17% -2.08%
75th Percentile £515 £388 £675
90th Percentile £652 - £705
UK excluding London median daily rate £330 £375 £613
% change year-on-year -12.00% -38.78% -

All Process and Methodology Skills
UK

Econometrics 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.

Contract vacancies with a requirement for process or methodology skills 36,802 50,277 79,372
As % of all contract IT jobs advertised in the UK 85.47% 89.69% 90.61%
Number of daily rates quoted 23,632 34,811 55,790
10th Percentile £300 £325 £345
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £644
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +9.18%
Number of hourly rates quoted 2,530 1,673 1,868
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.72 £15.63
Median hourly rate £36.50 £36.25 £25.68
Median % change year-on-year +0.69% +41.16% +9.74%
75th Percentile £60.75 £65.00 £50.00
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.00
% change year-on-year +8.91% +75.00% -4.76%

Econometrics
Job Vacancy Trend

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

Job vacancy trend for Econometrics in the UK

Econometrics
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Econometrics.

Daily rate trend for Econometrics in the UK

Econometrics
Daily Rate Histogram

Daily rate distribution for jobs citing Econometrics over the 6 months to 1 June 2024.

Daily rate histogram for Econometrics in the UK

Econometrics
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Econometrics within the UK over the 6 months to 1 June 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +97 15 £400 - 30
London +101 11 £455 - 24
Work from Home +118 7 £380 +1.33% 8
UK excluding London +40 4 £330 -12.00% 4
South East - 3 £330 - 1
North West - 1 - - 1
North of England - 1 - - 3

Econometrics
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 3 (20.00%) SAS
2 1 (6.67%) GeoServer
Applications
1 3 (20.00%) SPSS
Cloud Services
1 1 (6.67%) Azure
1 1 (6.67%) Power Platform
Database & Business Intelligence
1 3 (20.00%) Qlik Sense
1 3 (20.00%) Tableau
2 1 (6.67%) GIS
2 1 (6.67%) PostgreSQL
2 1 (6.67%) Power BI
2 1 (6.67%) QGIS
Development Applications
1 5 (33.33%) Git
General
1 8 (53.33%) Analytical Skills
2 7 (46.67%) Social Skills
3 3 (20.00%) Advertising
3 3 (20.00%) Marketing
3 3 (20.00%) Presentation Skills
4 2 (13.33%) Finance
5 1 (6.67%) Retail
Job Titles
1 5 (33.33%) Analyst
1 5 (33.33%) Data Scientist
2 3 (20.00%) Data Analyst
2 3 (20.00%) Econometrician
3 2 (13.33%) Qualitative Analyst
3 2 (13.33%) Quantitative Analyst
3 2 (13.33%) Senior
3 2 (13.33%) Senior Data Scientist
4 1 (6.67%) Artificial Intelligence Developer
4 1 (6.67%) Auditor
4 1 (6.67%) Developer
4 1 (6.67%) GIS Developer
4 1 (6.67%) Junior
4 1 (6.67%) Junior Data Scientist
4 1 (6.67%) SQL Analyst
4 1 (6.67%) SQL Data Analyst
4 1 (6.67%) Tableau Analyst
Libraries, Frameworks & Software Standards
1 3 (20.00%) D3.js
2 1 (6.67%) CSS
2 1 (6.67%) HTML
2 1 (6.67%) OpenLayers
2 1 (6.67%) PostGIS
2 1 (6.67%) React
2 1 (6.67%) Web Services
Miscellaneous
1 5 (33.33%) Algorithms
2 3 (20.00%) Credit Risk
3 1 (6.67%) Market Risk
Processes & Methodologies
1 10 (66.67%) Statistics
2 9 (60.00%) Mathematics
3 8 (53.33%) Analytics
4 7 (46.67%) Visualisation
5 6 (40.00%) Data Visualisation
5 6 (40.00%) Machine Learning
5 6 (40.00%) Problem-Solving
6 5 (33.33%) Bayesian Methods
6 5 (33.33%) Data Pipeline
6 5 (33.33%) Data Science
6 5 (33.33%) Economics
7 4 (26.67%) Business Intelligence
7 4 (26.67%) Statistical Modelling
8 3 (20.00%) Computer Science
8 3 (20.00%) Data Cleansing
8 3 (20.00%) ITIL
8 3 (20.00%) Marketing Strategy
8 3 (20.00%) Physics
8 3 (20.00%) Six Sigma
8 3 (20.00%) Time Series Analysis
Programming Languages
1 14 (93.33%) Python
2 6 (40.00%) R
2 6 (40.00%) SQL
3 1 (6.67%) JavaScript
Qualifications
1 5 (33.33%) Degree
1 5 (33.33%) Master's Degree
1 5 (33.33%) PhD
2 1 (6.67%) BPSS Clearance
Quality Assurance & Compliance
1 3 (20.00%) Data Quality
2 1 (6.67%) QA
Vendors
1 1 (6.67%) Microsoft