Table 1.
Variable | Before | During | After |
---|---|---|---|
Great Recession | Great Recession | Great Recession | |
Entry into self-employment | 0.0054 | 0.0061 | 0.0057 |
Entry into unincorp. self-empl. | 0.0043 | 0.0048 | 0.0044 |
Entry into incorp. self-empl. | 0.0011 | 0.0013 | 0.0013 |
Unemployed | 0.0370 | 0.0663 | 0.0545 |
Non-participation | 0.1220 | 0.1220 | 0.1308 |
Male | 0.4703 | 0.4723 | 0.4757 |
Less then high school | 0.0924 | 0.0897 | 0.0800 |
High school degree | 0.2926 | 0.2913 | 0.2720 |
Some college | 0.2983 | 0.2985 | 0.3010 |
College degree | 0.3166 | 0.3205 | 0.3470 |
Age | 40.8 | 41.0 | 41.2 |
White | 0.8270 | 0.8258 | 0.8116 |
African American | 0.0957 | 0.0953 | 0.1004 |
Other nonwhite | 0.0773 | 0.0789 | 0.0880 |
Married | 0.6089 | 0.6045 | 0.5769 |
Number of children | 0.9707 | 0.9660 | 0.9530 |
Metropolitan area | 0.8003 | 0.8009 | 0.8148 |
West | 0.2515 | 0.2486 | 0.2543 |
Northeast | 0.2027 | 0.2052 | 0.1950 |
Midwest | 0.2378 | 0.2405 | 0.2352 |
South | 0.3080 | 0.3057 | 0.3155 |
Observations | 538,469 | 541,517 | 518,355 |
The period before the Great Recession is 04/2007–03/2008, during the GR 09/2008–08/2009, and after the GR 05/2013–04/2014
Source: Own calculations based on the Current Population Survey