Hello stata community,

I have been working with static variable of employment and unemployment with CPS data but for the advancement of my research I need to create a dynamic variable of transition like following instruction:

"one year transition variables will be constructed based on previous year’s information. These variables will include entry into and exit from employment to unemployment/any other employment outcome. Will have to link individuals across years and create two-year panels with a large number of observations to capture employment transition. "

Could anyone who has an experinece with working CPS/ACS data help me to code this dynamic employment transition variable ? Thanks in advance !