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Table 2 CPS matched sample formation and descriptive statistics

From: Recent extensions of U.S. unemployment benefits: search responses in alternative labor market states

  (1) (2) (3) (4)
  2007-2011 2000-2004
  Ul eligible (job losers) UI ineligible (job leavers and LF entrants) Ul eligible (job losers) UI ineligible (job Leavers and LF entrants)
Sample steps     
Currently unemployed 173,391 123,276 107,327 102,417
Valid matches1 115,479 82,014 70,630 67,639
Matched two months forward 73,022 51,818 43,546 42,210
Final analysis samples (recoded transitions, dropped missings)2 72,347 50,141 43,167 40,129
Exit rates from unemployment     
Total exit rate 0.253 0.362 0.336 0.445
  Exit to employment 0166 0.143 0.235 0.216
  Exit to not in the labor force 0.087 0.219 0.101 0.229
Unemployment duration >= 26 weeks     
Total exit rate 0.171 0.282 0.241 0.343
  Exit to employment 0.078 0.086 0.125 0.119
  Exit to not in the labor force 0.093 0.196 0.116 0.223
Unemployment duration     
Average 28.2 27.4 16.7 16.6
Share unemployment duration >= 26 weeks 0.402 0.377 0.225 0.215
Share newly unemployed (<5 weeks) 0.231 0.250 0.346 0.383
State variables (means)     
Potential duration of Ul benefits (PBD) 74.2 69.4 33.0 32.2
Unemployment rate (percent) 8.7 8.2 5.5 5.4
Δln (payroll emp.), 3-month annualized −0.010 −0.007 0.001 0.003
  1. Notes:
  2. 1Matched identification from month t to t+1, including id variables and consistent gender, race, age, and educational attainment.
  3. 2Dropped observations with missing values (or weights equal to zero) and allocated labor force or unemployment duration values. Selected transitions recoded as described in the text.