Table 1.
Characteristics of Sample of All Labor Force Participants
| Characteristics | Men (%) | Women (%) |
|---|---|---|
| Baseline sample size | N = 1,430 | N = 1,423 |
| Full-time workers | 88.9 | 71.5 |
| Part-time workers | 7.3 | 24.0 |
| Unemployed | 3.8 | 4.5 |
| Person-wave observations | N = 4,552 | N = 4,418 |
| Age (years) | ||
| 55–56 | 12.5 | 12.8 |
| 57–58 | 22.0 | 21.3 |
| 59–60 | 27.1 | 27.4 |
| 61–62 | 23.0 | 22.1 |
| 63–64 | 11.2 | 11.8 |
| 65–66 | 4.1 | 4.4 |
| Race/ethnicity | ||
| White | 83.8 | 80.8 |
| Black | 7.2 | 11.4 |
| Hispanic | 6.6 | 6.0 |
| Other | 2.4 | 1.9 |
| Marital status | ||
| Married | 86.5 | 63.5 |
| Single | 9.4 | 21.5 |
| Divorce/separated | 2.5 | 3.9 |
| Widow | 1.5 | 11.1 |
| Education | ||
| High school dropout | 16.6 | 14.6 |
| High school graduate | 35.7 | 42.0 |
| Some college | 21.8 | 23.5 |
| College graduate | 25.9 | 19.9 |
| Medical conditions | ||
| Cancer | 3.8 | 8.3 |
| Stroke | 2.0 | 1.4 |
| Diabetes | 9.9 | 6.7 |
| Arthritis | 33.5 | 44.2 |
| Hypertension | 37.9 | 33.5 |
| Chronic lung disease | 5.1 | 5.3 |
| Heart disease | 13.5 | 7.2 |
| Activity of daily living limitations | ||
| 0 | 96.3 | 96.0 |
| 1 or more | 3.7 | 4.0 |
| Instrumental activity of daily living limitations | ||
| 0 | 97.0 | 97.6 |
| 1 or more | 3.0 | 2.4 |
| Housing value | ||
| $0 or less | 15.3 | 18.6 |
| $1–$50 k | 27.8 | 28.0 |
| $50 k–$150 k | 44.4 | 40.8 |
| More than $150 k | 12.5 | 12.6 |
| Nonhousing value | ||
| Less than 0 | 4.5 | 5.2 |
| $0–$10 k | 15.0 | 20.5 |
| $10 k–$50 k | 25.1 | 24.1 |
| $50 k–$100 k | 17.5 | 15.1 |
| $100 k–$200 k | 15.5 | 14.6 |
| More than $200 k | 22.4 | 20.5 |
| Weekly wage, % | ||
| $300 or less | 16.8 | 38.7 |
| $300–$500 | 18.4 | 29.1 |
| $500–$800 | 26.3 | 19.7 |
| $800–$1,500 | 29.5 | 10.6 |
| More than $1,500 | 9.0 | 1.9 |
| Health insurance benefits* | ||
| ESHI with RHI | 48.4 | 32.8 |
| ESHI without RHI | 29.9 | 27.1 |
| Other HI, No ESHI (with RHI) | 6.8 | 15.6 |
| Other HI, No ESHI (without RHI) | 8.9 | 15.5 |
| No HI | 6.1 | 8.9 |
| Social security eligibility | ||
| Yes | 85.3 | 73.3 |
| No | 4.7 | 6.7 |
| Type of pension availability | ||
| Defined benefits | 27.3 | 27.9 |
| Defined contribution | 24.5 | 22.3 |
| Defined benefits and contribution | 25.2 | 14.6 |
| None/unknown | 23.0 | 35.2 |
Note
*
ESHI, employer-sponsored health insurance; RHI, retiree health insurance; HI, health insurance.