" Figure 2 " Average Monthly Values of Gross Stocks and Flows for Employment, " Unemployment, and Not in the Labor Force " " Per Thousand Working-Age Population " January 1994 to December 1998 " " E Employed " U Unemployed " UQ Unemployed, Quit " UT Unemployed, Terminated " UL Unemployed, Layoff " URE Unemployed, Reentrant " UNE Unemployed, New Entrant " N Not in the Labor Force " "*We present worker flows that generally make logical sense. One exception "is flows from employment to the unemployed, re-entrant category. This "category serves as a "catch-all" for the unemployed who do not choose "any of the other reasons, and have been employed at some point previously. " "Source: U.S. Bureau of Labor Statistics Current Population Survey "micro data and authors' calculations. " " Stocks " E 633.8 " U(total) 33.6 " UQ 3.5 " UT 11.3 " UL 4.8 " URE 11.4 " UNE 2.6 " N 332.7 " " Total Flows " U-->E 9.8 " E-->U 8.4 " N-->U 6.1 " U-->N 8.4 " " Flows " E-->UQ 1.2 " E-->UT 3.1 " E-->UL 2.6 " E-->URE 1.5* " " N-->URE 4.8 " N-->UNE 1.4 " " E-->N 17.2 " N-->E 15 " " UQ-->E 1.3 " UT-->E 2.8 " UL-->E 2.3 " URE-->E 3 " UNE-->E 0.5 " " UQ-->N 0.7 " UT-->N 1.9 " UL-->N 0.6 " URE-->N 4 " UNE-->N 1.2