Table 1. Descriptive Statistics by Sex and Job Displacement: HRS Men.

Variables	Displaced, Layoff	Displaced, Plant Closing	No Displacement (ref. cat.)
Time-Invariant Independent Variables
Non-White	8.6% (0.28)	10.0% (0.30)	9.9% (0.30)
High School or More	78.2% (0.41)	83.4% (0.37)	83.2% (0.37)
Some College or More	46.3% (0.50)	31.7% * (0.47)	47.7% (0.50)
White-Collar Worker	54.1% (0.50)	55.9% (0.50)	59.1% (0.49)
Time-Varying Independent Variables (1992, 1994, 1996, 1998)
Married/Partnered	81.4% (0.39)	82.9% (0.38)	84.6% (0.36)
Employer Tenure	8.11 *** (10.69)	10.64 † (11.39)	13.44 (12.50)
Fulltime Worker	77.8% (0.42)	80.0% (0.40)	80.2% (0.40)
Physical Health, Exc/VG	55.6% (0.50)	60.2% (0.49)	59.3% (0.49)
Number of Health Conditions	1.031 (1.02)	0.775 ** (0.78)	1.007 (0.99)
Depression (Baseline)	0.883 (1.61)	0.895 (1.47)	0.737 (1.35)
Mediating Variables
Non-Employment (1994, 1996, 1998, 2000)	50.9% *** (0.50)	38.1% *** (0.49)	20.5% (0.40)
Wealth (1992, 1994, 1996, 1998)	$113,731 (187861)	$76,000 * (108012)	$146,906 (305345)
Wealth Change (1994-92, 1996-94, 1998-96, 2000-98)	$28,276 (165281)	$34,687 (109088)	$40,758 (320551)
Dependent Variable (1994, 1996, 1998, 2000)
Depression	1.379 ** (1.95)	1.310 (1.82)	0.939 (1.53)
Number of Obs.	236	116	5414

Notes: Numbers in parentheses are standard deviations. Layoff and plant closing indicate a worker lost a job for the stated reason between 1992-1994, 1994-1996, 1996-1998, or 1998-2000. All time-varying independent variables and the mediating wealth variable indicate person-spell mean values of pre-treatment measures (i.e., 1992, 1994, 1996, and 1998). Mediating variable non-employment and the depression outcome indicate post-spell values (i.e., 1994, 1996, 1998, and 2000). All statistics are weighted.

^†p<.10

^*p <. 05

^**p < .01

^***p < .001 (t-tests of difference in means between job loss category and no loss)