10
MAR 2015Big Data. Bureau of Labor Statistics. Survey data. Employment Big Data. Those are all things that calculating worklife expectancy for U.S. workers requires. Worklife expectancy is similar to life expectancy and indicates how long a person can be expected to be active in the workforce over their working life. The worklife expectancy figure takes into account the anticipated to time out of the market due to unemployment, voluntary leaves, attrition, etc.
Overall the goal of our recent work is to update the Millimet et al (2002) worklife expectancy paper and account for more recent CPS data.
The data for all years is shown below. Ultimately there were over 590,000 data points used in the analysis.
| Table 2. Matched CPS Sample Sizes 1993-2013 | |||||||||
| Female | Male | ||||||||
| Year | Less than High School | High School | Some College | College | Less than High School | High School | Some College | College | Total |
| 1993 | 3,766 | 7,326 | 4,898 | 3,452 | 3,376 | 5,619 | 4,280 | 3,935 | 36,652 |
| 1994 | 3,539 | 7,019 | 5,357 | 3,619 | 3,097 | 5,477 | 4,411 | 4,013 | 36,532 |
| 1995 | 3,082 | 6,161 | 5,086 | 3,545 | 2,664 | 4,815 | 4,086 | 3,938 | 33,377 |
| 1997 | 3,079 | 6,172 | 4,771 | 3,488 | 2,723 | 4,857 | 3,926 | 3,723 | 32,739 |
| 1998 | 2,839 | 6,113 | 4,873 | 3,672 | 2,694 | 4,952 | 3,995 | 3,834 | 32,972 |
| 1999 | 2,709 | 6,027 | 4,987 | 3,770 | 2,513 | 4,830 | 4,134 | 3,923 | 32,893 |
| 2000 | 2,692 | 5,930 | 5,009 | 3,915 | 2,463 | 4,899 | 4,052 | 4,204 | 33,164 |
| 2001 | 2,545 | 5,806 | 4,971 | 3,901 | 2,458 | 4,919 | 4,232 | 4,016 | 32,848 |
| 2003 | 1,096 | 3,218 | 2,579 | 2,411 | 1,019 | 2,701 | 2,122 | 2,470 | 17,616 |
| 2004 | 2,579 | 6,372 | 5,803 | 5,009 | 2,394 | 5,307 | 4,745 | 4,819 | 37,028 |
| 2005 | 2,039 | 5,378 | 5,146 | 4,673 | 1,867 | 4,632 | 4,270 | 4,285 | 32,290 |
| 2006 | 2,297 | 5,500 | 5,608 | 4,657 | 2,131 | 4,953 | 4,263 | 4,389 | 33,798 |
| 2007 | 2,147 | 5,730 | 5,466 | 5,060 | 2,076 | 5,133 | 4,344 | 4,592 | 34,548 |
| 2008 | 2,159 | 5,659 | 5,787 | 5,281 | 2,040 | 5,212 | 4,593 | 4,826 | 35,557 |
| 2009 | 2,027 | 5,637 | 5,780 | 5,556 | 2,023 | 5,062 | 4,776 | 4,976 | 35,837 |
| 2011 | 1,845 | 4,844 | 5,106 | 5,136 | 1,786 | 4,603 | 4,176 | 4,432 | 31,928 |
| 2012 | 1,733 | 4,849 | 4,930 | 4,956 | 1,779 | 4,693 | 4,151 | 4,616 | 31,707 |
| 2013 | 1,658 | 4,542 | 5,061 | 5,109 | 1,668 | 4,579 | 4,271 | 4,650 | 31,538 |
| Total | 43,831 | 102,283 | 91,218 | 77,210 | 40,771 | 87,243 | 74,827 | 75,641 | 593,024 |
Notes:
The CPS data was matched using the algorithm similar to Millimet et al (2002) and Peracchi and Welch (1995). Households in rotation 1-4 were matched using the household identifier number to the same household in rotations 5-8 of the following year. Individuals had to have the same sex, race and be a year older in rotation 5-8 to be determined a match.