Table 3.
Share of Exit Rate Differentials Explained by Occupation, Industry, and Geography
| Percentage of gap explained by: | |||||||||
|---|---|---|---|---|---|---|---|---|---|
|
|
Gap(%) |
2-Dig SOC Occ. (%) |
Major Ind. (%) |
Both (%) |
Detailed Occ. (%) |
Detailed Ind. (%) | Both detailed (%) | Occ./Ind. + Metro (%) |
Occ./Ind. + Metro + State (%) |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | |
| April 2020 | |||||||||
| Female | 3.6 | 2.8 | −2.8 | 2.8 | 55.6 | 25.0 | 66.7 | 65.7 | 67.6 |
| Black | 2.8 | 53.6 | 14.3 | 3.6 | 53.6 | 28.6 | 46.4 | 7.9 | 35.7 |
| Hispanic | 5.2 | 55.8 | 25.0 | 63.5 | 63.5 | 44.2 | 73.1 | 86.5 | 78.8 |
| Other | 4.5 | 2.2 | 6.7 | 4.4 | 17.8 | 20.0 | 15.6 | 26.7 | 31.1 |
| Age 16–25 | 10.1 | 63.4 | 50.5 | 76.2 | 76.2 | 53.5 | 82.2 | 80.9 | 76.5 |
| 26–35 | 1.8 | 22.2 | 50.0 | 55.6 | 50.0 | 50.0 | 66.7 | 58.3 | 57.3 |
| 56–85 | 1.8 | 22.2 | 5.6 | 16.7 | 33.3 | 16.7 | 33.3 | 52.1 | 50.0 |
| No HS degree | 11.5 | 70.4 | 28.7 | 79.1 | 77.4 | 37.4 | 80.9 | 83.2 | 83.2 |
| HS degree | 10.3 | 53.4 | 18.4 | 57.3 | 61.2 | 25.2 | 62.1 | 72.2 | 77.8 |
| Some college | 9.4 | 42.6 | 21.3 | 47.9 | 55.3 | 22.3 | 55.3 | 33.3 | 33.3 |
| February 2021 | |||||||||
| Female | 0.7 | −85.7 | −100.0 | −128.6 | 0.0 | −85.7 | −28.6 | −42.9 | −42.9 |
| Black | 3.5 | 17.1 | 0.0 | 14.3 | 25.7 | 20.0 | 22.9 | 31.4 | 11.4 |
| Hispanic | 3.5 | 28.6 | 14.3 | 31.4 | 31.4 | 17.1 | 28.6 | 40.0 | 51.4 |
| Other | −0.9 | 0.0 | −11.1 | −11.1 | 11.1 | −22.2 | 11.1 | −22.2 | −55.6 |
| Age 16–25 | −1.8 | −72.2 | −77.8 | −105.6 | −116.7 | −88.9 | −133.3 | −127.8 | −133.3 |
| 26–35 | −0.1 | −200.0 | −200.0 | −400.0 | −400.0 | −100.0 | −400.0 | −500.0 | −500.0 |
| 56–85 | 2.2 | 9.1 | 0.0 | 9.1 | 9.1 | 9.1 | 9.1 | 9.1 | 9.1 |
| No HS degree | 2.7 | 111.1 | 40.7 | 122.2 | 122.2 | 66.7 | 133.3 | 133.3 | 140.7 |
| HS degree | 3.8 | 52.6 | 23.7 | 60.5 | 65.8 | 36.8 | 71.1 | 65.8 | 63.2 |
| Some college | 1.4 | 85.7 | 28.6 | 85.7 | 107.1 | 64.3 | 121.4 | 114.3 | 107.1 |
Notes: Column (1) displays the estimated gap in the impact of the pandemic on employment exit rates for each demographic group (in percentage points) relative to the omitted category (males, Whites, 36- to 55-year-olds, and college graduates, respectively) based on the regression results from Equation (2). Columns (2) to (4) and columns (5) to (7) display the fraction of this gap that can be accounted for by workers’ pre-displacement occupation and/or industry (at a broad and a detailed level, respectively). Columns (8) and (9) display the fraction that can be accounted for after controlling for whether the individual lives in a metropolitan area as well as the state of residence, in addition to detailed occupation and industry fixed effects. Ind., industry; Occ., occupation; SOC, Standard Occupational Classification.