Table 7.

Cyclicality of Employment by Occupation: Skilled Nursing Facilities

	Total	Physicians	Nurses	Certified Aides	Other
With Facility FEs	3.8854*	1.6530	2.4686*	3.2187**	3.6527**
	(1.9464)	(2.7267)	(1.4333)	(1.3295)	(1.5501)
With State FEs	4.3484**	1.2928	2.8005**	3.7723**	4.3494**
	(1.9416)	(2.5562)	(1.3497)	(1.4110	(1.6594)
N	186945	56854	186651	183706	185974
Mean Employees per Facility	121	0.2	27	45	48

Notes: Dependent variable is log number of employees in category, as indicated at column heading. Each cell is a separate regression, with the first row including facility fixed effects, and the second row including state fixed effects. Each parameter is the estimated mortality semi-elasticity with respect to the state-year unemployment rate, with coefficients multiplied by 100. The sample includes survey years from 1991-2008, and the data are taken from the Online Survey Certification and Reporting (OSCAR) Database from 1990 to 2006. Additional controls include state and year fixed effects, state-specific trends, demographic and education controls, as well as total number of beds in facility. Standard errors clustered at the state level. Estimates weighted by facility-level average of bed available over time period.

^***Significant at the 1 percent level.

^**Significant at the 5 percent level.

^*Significant at the 10 percent level