Jubilees compared: incomes, spending and work in the late 1970s and early 2010s

Published on 4 June 2012

Parallels are increasingly being drawn between current economic circumstances and those of the 1970s. In this Briefing Note we take the opportunity to reflect on a few of the ways in which economic life has changed since the Silver Jubilee year.

In this Briefing Note we take the opportunity to reflect on a few of the ways in which economic life has changed since the Silver Jubilee year. We start by comparing incomes now with incomes in 1977. We then look, perhaps rather more revealingly, at how we spend those incomes and what sorts of things we own. Finally, we look in a bit more detail at the labour market - the types of jobs we have and the levels of education among the workforce.

Authors

Zoe Oldfield

Head of Data Services

Zoe is Head of Data Services. She joined the IFS in 1998 as a researcher and moved into Data Services in 2011.

Paul Johnson

Director

Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.