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Title: Worklife and Unemployment: A New Consideration

Citation Type: Miscellaneous

Publication Year: 2021

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Abstract: Do traditional two-state worklife estimates need adjustment for unemployment? To answer, an augmented three-state model classifies individuals as either 1) employed; 2) unemployed; or 3) inactive but not marginally attached. Periods of unemployment may reduce worklives; however, removal of those marginally attached or discouraged from the inactive state raises worklives. The three-state model results are compared to worklife estimates from the same initial data using the traditional two-state model. Results show that in many cases, the two-state model results are a good proxy for the three-state results that control for unemployment.

Url: https://business.unl.edu/research/bureau-of-business-research/academic-research/bbr-scholars/documents/UnemploymentWorklifeManuscript2021.pdf

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Authors: Rosenbaum, David I.; Jayanetti, Kalana

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Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure

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