Differences in employment outcomes for college town stayers and leavers

Table 5 Differences in means for large metro area stayers and leavers

Variable	Stayer Mean	Leaver Mean	Difference
Employed	0.913	0.915	−0.001
Log Annual Wage	10.162	10.145	0.017
Log Hourly Wage	2.722	2.669	0.053***
Log Annual Hours	7.440	7.476	−0.036***
% of Occupation with Bachelor's or Higher	0.529	0.528	0.001
Master's Degree	0.090	0.110	−0.020***
Professional Degree	0.030	0.046	−0.015***
Doctoral Degree	0.004	0.005	−0.002**
Age 24	0.182	0.183	−0.001
Age 25	0.196	0.198	−0.002
Age 26	0.210	0.221	−0.011*
Age 27	0.246	0.242	0.005
Female	0.566	0.546	0.020***
Black	0.077	0.052	0.025***
Asian	0.049	0.045	0.003
Hispanic	0.069	0.042	0.027***
Other Nonwhite	0.017	0.026	−0.009***
Married	0.229	0.264	−0.035***
Has Children	0.089	0.083	0.006*

Notes: The sample includes 37,475 recent college graduates (27,661 Stayers and 9814 Leavers) who resided in one of 10 large metropolitan areas in 1995. Large metropolitan areas are defined as metro areas with a year 2000 total population of 5,000,000 or greater.
*Significant at 10%; **Significant at 5%; ***Significant at 1%.