Xiaowei Xu

@xiaoweixu.bsky.social

Economist at the IFS. Interested in inequality, labour markets and economic geography. Views my own.

By the end of 2025, youth employment in payroll data was back at the level seen at the end of the first COVID lockdown. Today’s ONS figures show job vacancies have fallen a further 12% since then - suggesting an even bleaker outlook for young people entering the workforce.

The Institute for Fiscal Studies@theifs.bsky.social · 3mo ago

NEW: 12.8% of 16- to 24-year-olds were not in education, employment or training at the end of 2025, as recent falls in youth employment approach the scale seen during COVID and the financial crisis. 📗THREAD on our new report on youth employment:

Charts show share of 16- to 24-year-olds in employment (employees only), and share of 16- to 24-year-olds not in education, employment or training (NEET). Title states: "Between December 2022 and 2025 UK youth employment fell 4.3 percentage points."

Yesterday’s announcement hugely reduces the short-term cost of hiring 18-24 year olds on UC, even compared to FY2024 before the rise in youth min wage rates and employer NICs. More (bonus) charts and reflections below 🧵👇

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The Institute for Fiscal Studies@theifs.bsky.social · 5mo ago

NEW: How will the government’s new youth employment package, worth £1 billion over 3 years, impact the roughly 960,000 16–24 year olds not in education, employment or training? 📗 @xiaoweixu.bsky.social and Imran Tahir assess its policies in our new comment: ifs.org.uk/articles/ass...

Quote from IFS Senior Research Economist Xiaowei Xu: "There is a good case for additional support for those unemployed for 6–18 months, who can be reached before their skills and confidence are eroded by long spells out of work, though it remains to be seen how much they will increase employment in the long term. The newly announced policies will benefit only a small share of nearly 1 million young people who are currently not in employment, education or training (NEET). In particular, they do not target over 300,000 young people on universal credit who are not required to search for work, mostly due to health conditions."

Peter put together a starter pack of my colleagues at the IFS. Follow them for high-quality, policy-relevant analysis on tax and spending, efficiency and equity, firms and workers, healthcare and education and much more.

Peter Levell@peterlevell.bsky.social · 7mo ago

Here's a starter pack of IFS economists posting on BlueSky. Make sure you're following them all for the top-quality economic analysis on labour markets, inequality, public finances, healthcare, education and more! go.bsky.app/NYPwMB

Excited about discussing regional inequalities at the Fiscal Studies symposium event next week! We've got a star-studded lineup of @andyburnham.bsky.social, Paul Collier, Philip McCann, @lindseymacmillan.bsky.social, @amcanning.bsky.social and more. Summary of new papers below 🧵👇

How can policy tackle regional inequalities? | Institute for Fiscal Studies

At this policy conference, researchers will present new evidence on the scale and causes of regional inequalities.

ifs.org.uk