Table 4. Coefficients from linear regression models predicting changes (M2→M3) in current work uncertainty, N = 2569.
(1) Education |
(2) SES |
(3) Lost Home |
(4) Recession |
|
---|---|---|---|---|
Current work uncertainty at M2 | 0.32*** | 0.31*** | 0.30*** | 0.27*** |
Female | -0.01 | -0.01 | -0.02 | -0.04 |
Age—40 | -0.02*** | -0.02*** | -0.02*** | -0.02*** |
(Age—40)2 | 0.00*** | 0.00** | 0.00** | 0.00*** |
Minority | -0.02 | -0.01 | -0.01 | 0.00 |
Married/partnered at M2 | -0.25*** | -0.16** | -0.16** | -0.16** |
Socioeconomic status at M2 | ||||
Educationa | -0.49*** | — | — | — |
Relative SESb | — | -0.54*** | -0.51*** | -0.35*** |
Great Recession hardships | ||||
Home-related | ||||
Lost home | — | — | 0.48** | 0.21 |
Moved in with family/friends | — | — | — | -0.02 |
Missed mortgage/rent payment | — | — | — | -0.27 |
Sold home for a loss | — | — | — | -0.12 |
Threatened with foreclosure/eviction | — | — | — | 0.04 |
Job-related | ||||
Lost job | — | — | — | 0.45*** |
Took a job for which respondent was overqualified | — | — | — | 0.13 |
Started new job respondent did not like or additional job | — | — | — | -0.10 |
Financial-related | ||||
Cut back on spending | — | — | — | 0.19*** |
Increased credit card debt | — | — | — | -0.01 |
Sold possessions | — | — | — | 0.19* |
Missed debt payment | — | — | — | 0.07 |
Exhausted unemployment | — | — | — | 0.41*** |
Declared bankruptcy | — | — | — | 0.14 |
Constantc | 0.68*** | 0.58*** | 0.55*** | 0.23** |
*** p<0.001
** p<0.01
* p<0.05
Note: Both the outcome and the lagged dependent variable are standardized based on the distribution of the outcome at M2. Age at M2 is centered at 40.
a Education is scaled from 0 (6th grade or less) to 1 (professional degree: PhD, MD, JD, etc.) so that the coefficient can be interpreted as the difference between a person with highest and lowest educational attainment.
b Relative SES is scaled from 0 (1st percentile) to 1 (99th percentile) so that the coefficient represents the difference between a person in the bottom 1% and the top 1% of the SES continuum at M2.
c The constant represents the change in current work uncertainty between M2 and M3 in SD units for an individual in the reference group for categorical variables (i.e., male, non-Latino white, not married nor partnered, no exposure to Great Recession-related hardships) and values of zero for all continuous measures (i.e., mean level of current work uncertainty at M2, age 40, 6th grade or less education, bottom percentile of relative SES).