Articles from Institute for Fiscal Studies (IFS)

Autumn Budget and Spending Review 2021 - IFS Event

Autumn Budget and Spending Review 2021 - Chancellor @RishiSunak is set to announce his Autumn 2021 Budget and Spending Review on Wednesday 27 October.

Gap in spending per student between private and state schools has more than doubled over the last decade

In the most recent year (2020-21), average private school fees were about £13,600. That is £6,500, or over 90%, higher than total state school spending per pupil in England in the same year (£7,100). This gap has more than doubled over the last decade and compares with a gap of £3,100, or 39%, in 2009-10 (£11,100 for private school fees compared with £8,000 spending per student in state schools). 

Job vacancies, labour shortages and a 'high-wage economy'

@TheIFS PODCAST: Are we transitioning to a high-wage economy? Ahead of the Prime Minister's speech this morning, @PJTheEconomist, Jonathan Cribb and Xiaowei Xu discuss job vacancies and labour shortages.

Gender differences in subject choice leads to gender pay gap immediately after graduation

Gender differences in subject choice leads to gender pay gap immediately after graduation (@TheIFS) October 5th is the deadline for big companies to report their gender pay gaps. In 2019 – before the pandemic disrupted data collection – the gender gap in average annual earnings for all employees stood at 37%. This gap opens up immediately after graduation, with male graduates earning 5% more than female graduates on average at age 25. Most of the initial gap can be explained by university subject choices, with women less likely to study subjects that lead to high-paying jobs. Women make up just a third of graduates in economics, the subject with the highest financial returns, and two thirds of graduates in creative arts, the subject with the lowest returns. Subject choice continues contribute to the gender pay gap over time, but its relative importance fades as other factors (like having children and working part-time) come into play. Xiaowei Xu, a Senior Research Economist at IFS and an author of the observation, says:

Generation Reskill? What happens when the furlough scheme ends?

After a year and a half, the furlough scheme (officially the Coronavirus Job Retention Scheme) ends today, 30th September 2021.

Sponsored Video


Upcoming FE Events

Advertiser Skyscrapers

Newsroom Activity

Westminster Forum Projects (WFP) added a new event 11 hours

Next steps for SEND provision in England - the SEND...

This conference will be an opportunity to discuss the future for SEND provision in England, following the expected publication of the Government’s...

  • Tuesday, 29 March 2022 09:00 AM
  • Online
Tina Morris has published a new article: Top Digital Solutions to Help Graduates Get Hired 12 hours 4 minutes ago