Table 1A: Descriptive Statistics, by Unemployment Rate at Time of
Military Exit
Low unemployment at exit (<5%)
Low
unemployment at exit (<5%)
Low unemployment at
exit (<5%)
High unemployment at exit
(>=5%)
High unemployment at exit
(>=5%)
Age
Age
58.96
58.96
58.96
57.93
57.93
Gender:
Gender:
Male
0.98
0.98
0.98
0.98
0.98
Female
0.02
0.02
0.02
0.02
0.02
Race/Ethnicity:
Race/Ethnicity:
White
White
0.86
0.86
0.86
0.88
0.88
Black
Black
0.11
0.11
0.11
0.09
0.09
Other
Other
0.03
0.03
0.03
0.03
0.03
Service related disability?
Service related disability?
No
0.38
0.38
0.38
0.22
0.22
Yes
0.05
0.05
0.05
0.03
0.03
Unknown
0.57
0.57
0.57
0.76
0.76
Age at enlistment
Age at enlistment
19.56
19.56
19.56
19.66
19.66
Age at exit from Active Service
Age at exit from Active Service
22.03
22.03
22.03
22.18
22.18
Years since exited from Active Service
Years since exited from Active
Service
37.35
37.35
37.35
36.20
36.20
Unemployment rate in enlistment year (%)
Unemployment rate in
enlistment year (%)
4.31
4.31
4.31
5.07
5.07
Unemployment rate in exit year (%)
Unemployment rate in exit year
(%)
3.99
3.99
3.99
5.88
5.88
Education:
Education:
Less than High School
0.13
0.13
0.13
0.11
0.11
GED
0.08
0.08
0.08
0.08
0.08
High School
0.32
0.32
0.32
0.33
0.33
Some college
0.28
0.28
0.28
0.28
0.28
College or more
0.19
0.19
0.19
0.21
0.21
Lives in a coupled Household?
Lives in a coupled Household?
No
0.15
0.15
0.15
0.17
0.17
Yes
0.85
0.85
0.85
0.83
0.83
Marital Status:
Marital Status:
Married
0.81
0.81
0.81
0.79
0.79
Married, spouse absent
0.00
0.00
0.00
0.00
0.00
Separated
0.02
0.02
0.02
0.02
0.02
Divorced
0.11
0.11
0.11
0.13
0.13
Widowed
0.03
0.03
0.03
0.03
0.03
Never Married
0.03
0.03
0.03
0.03
0.03
Unknown
0.00
0.00
0.00
0.00
0.00
Annual Earnings (2016 $)
Annual Earnings (2016 $)
5 years after exit
28,124
28,124
28,124
29,674
29,674
10 years after exit
32,056
32,056
32,056
36,487
36,487
15 years after exit
34,792
34,792
34,792
42,073
42,073
20 years after exit
40,607
40,607
40,607
43,879
43,879
25 years after exit
44,538
44,538
44,538
45,651
45,651
30 years after exit
43,337
43,337
43,337
45,560
45,560
35 years after exit
37,899
37,899
37,899
40,367
40,367
40 years after exit
27,240
27,240
27,240
29,464
29,464
Pre-retirement wealth (<65 years old, 2016$)
Pre-retirement
wealth (<65 years old, 2016$)
Prospective SS wealth
176,157
176,157
176,157
174,401
174,401
Financial Wealth
104,232
104,232
104,232
107,579
107,579
Other Real State
52,728
52,728
52,728
71,214
71,214
Vehicles
24,255
24,255
24,255
24,429
24,429
Businesses
42,643
42,643
42,643
51,587
51,587
IRA
63,901
63,901
63,901
65,343
65,343
Primary Residency
128,792
128,792
128,792
131,542
131,542
Secondary Residency
18,187
18,187
18,187
20,552
20,552
Employer pension
291,514
291,514
291,514
280,163
280,163
Labor force status between 60-70 years old:
Labor force status between
60-70 years old:
Works Full Time
0.27
0.27
0.27
0.31
0.31
Works Part Time
0.03
0.03
0.03
0.03
0.03
Unemployed
0.01
0.01
0.01
0.02
0.02
Partly Retired
0.14
0.14
0.14
0.15
0.15
Retired
0.53
0.53
0.53
0.46
0.46
Disabled
0.02
0.02
0.02
0.02
0.02
Not in the Labor Force
0.01
0.01
0.01
0.01
0.01
Note: Calculations based on 12,081 person-year observations.
Note:
Calculations based on 12,081 person-year observations.
Note:
Calculations based on 12,081 person-year observations.
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