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

Table 2 CPS matched sample formation and descriptive statistics

	(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

Notes:
¹Matched identification from month t to t+1, including id variables and consistent gender, race, age, and educational attainment.
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.