Title: Hornstein-Kudlyak-Lange Non-Employment Index Series ID: NEIM156SFRBRIC Source: Federal Reserve Bank of Richmond Release: Hornstein-Kudlyak-Lange Non-Employment Index Seasonal Adjustment: Seasonally Adjusted Frequency: Monthly Units: Percent Date Range: 1994-01-01 to 2023-08-01 Last Updated: 2023-09-10 2:30 PM CDT Notes: The Hornstein-Kudlyak-Lange Non-Employment Index (NEI) is a weighted average of all non-employed people expressed as the share of the civilian non-institutionalized population 16 years and older. The weights take into account persistent differences in each group's likelihood of transitioning back into employment. Because the NEI is more comprehensive and includes tailored weights of non-employed individuals, it arguably provides a more accurate reading of labor market conditions than the standard unemployment rate. For further information about this series, go to https://www.richmondfed.org/research/national_economy/non_employment_index. DATE VALUE 1994-01-01 9.9807266263365200 1994-02-01 9.8063808096492300 1994-03-01 9.7002459828488590 1994-04-01 9.5679074792553300 1994-05-01 9.3589690157335900 1994-06-01 9.3494174689546910 1994-07-01 9.2922614731466600 1994-08-01 9.2416663531817700 1994-09-01 9.1513357326116300 1994-10-01 9.0771057041581700 1994-11-01 8.9771559094494200 1994-12-01 8.8970180409620700 1995-01-01 8.9174528386229800 1995-02-01 8.8463818346215900 1995-03-01 8.8835125041765200 1995-04-01 8.9726048260579500 1995-05-01 9.0142844613201500 1995-06-01 8.9510527657456400 1995-07-01 8.9365692376118800 1995-08-01 8.9774461047223500 1995-09-01 8.9676702476193810 1995-10-01 8.9606430531659200 1995-11-01 8.9474363915800400 1995-12-01 8.9687140877197200 1996-01-01 8.9395654796064900 1996-02-01 8.9174808972630000 1996-03-01 8.8516760897432400 1996-04-01 8.8432716518975700 1996-05-01 8.8596401513637600 1996-06-01 8.7113316048735090 1996-07-01 8.7165854969492500 1996-08-01 8.6286872409763300 1996-09-01 8.5662244395240390 1996-10-01 8.6161853256503200 1996-11-01 8.6969747195039310 1996-12-01 8.6220135053030200 1997-01-01 8.6181934341123800 1997-02-01 8.6188932822201400 1997-03-01 8.5296800511307700 1997-04-01 8.4280549243110800 1997-05-01 8.4198395215467200 1997-06-01 8.3766265242794590 1997-07-01 8.2451955332476500 1997-08-01 8.2072057438149900 1997-09-01 8.2838104076074500 1997-10-01 8.1813894650157500 1997-11-01 8.1525216871578700 1997-12-01 8.1783605781117800 1998-01-01 8.0972740851911310 1998-02-01 8.0495045276704110 1998-03-01 8.0990651469000800 1998-04-01 7.9322391262105500 1998-05-01 7.9453509701404210 1998-06-01 8.0116390900647000 1998-07-01 8.0700743248444500 1998-08-01 8.0439198367604000 1998-09-01 7.9931324012505710 1998-10-01 8.0082767628207190 1998-11-01 7.9110070615830010 1998-12-01 7.8859094873335200 1999-01-01 7.8680868297740500 1999-02-01 7.9100153674523500 1999-03-01 7.8589674745587700 1999-04-01 8.0419595677523700 1999-05-01 7.8771515247781900 1999-06-01 7.8990274809676700 1999-07-01 7.8455883003085800 1999-08-01 7.8168849823966100 1999-09-01 7.8324473906491300 1999-10-01 7.7300963454244800 1999-11-01 7.7002131272245290 1999-12-01 7.6524399920003100 2000-01-01 7.5940343125658700 2000-02-01 7.7101343849332000 2000-03-01 7.7333736847136190 2000-04-01 7.6091373856536900 2000-05-01 7.7835565242037500 2000-06-01 7.6268947908197200 2000-07-01 7.6406605441699190 2000-08-01 7.6726760264378395 2000-09-01 7.6344749130129900 2000-10-01 7.6203319379284710 2000-11-01 7.6555875326823600 2000-12-01 7.6392573078215710 2001-01-01 7.7290439320234600 2001-02-01 7.7624523787483200 2001-03-01 7.8217348103962000 2001-04-01 7.9730362562944490 2001-05-01 8.0609452093775700 2001-06-01 8.1399922275124100 2001-07-01 8.0955171339356700 2001-08-01 8.4089645569578600 2001-09-01 8.3811323115166890 2001-10-01 8.6450287687276900 2001-11-01 8.7329021670959000 2001-12-01 8.8427222880523200 2002-01-01 8.9158040347798890 2002-02-01 8.8225285981920500 2002-03-01 8.8075488500003300 2002-04-01 8.8754140103435010 2002-05-01 8.8005007408970890 2002-06-01 8.7882235418234300 2002-07-01 8.8048800331356500 2002-08-01 8.7406193143323300 2002-09-01 8.7052755546000500 2002-10-01 8.6793562843859900 2002-11-01 8.8205941722159710 2002-12-01 8.7518453365190200 2003-01-01 8.7972936043270800 2003-02-01 8.8230417691385590 2003-03-01 8.9357873606759800 2003-04-01 8.8892828771576800 2003-05-01 8.9646203728560500 2003-06-01 9.0029296638989890 2003-07-01 8.9720720250633000 2003-08-01 8.9475329269293400 2003-09-01 8.9357972551385810 2003-10-01 8.9219286208895200 2003-11-01 8.7872735142737710 2003-12-01 8.7741267827654500 2004-01-01 8.7158661319343300 2004-02-01 8.6677197816588600 2004-03-01 8.7941110363272090 2004-04-01 8.6655379283173400 2004-05-01 8.6589386623662800 2004-06-01 8.6356413989431500 2004-07-01 8.6276087530996800 2004-08-01 8.5996324343720900 2004-09-01 8.5826167347202700 2004-10-01 8.6212029043479500 2004-11-01 8.5731257418886100 2004-12-01 8.5592543338846190 2005-01-01 8.5098627171013300 2005-02-01 8.5703717684036500 2005-03-01 8.4940850346225500 2005-04-01 8.4546512584625190 2005-05-01 8.3759781330183800 2005-06-01 8.4081506802718290 2005-07-01 8.3202355864968100 2005-08-01 8.2352587061057090 2005-09-01 8.3811188994368100 2005-10-01 8.3407938864759300 2005-11-01 8.4037340336620500 2005-12-01 8.3580832445435790 2006-01-01 8.2444969845799400 2006-02-01 8.2406087798770500 2006-03-01 8.1384437759948300 2006-04-01 8.2715076418521600 2006-05-01 8.0942466467369800 2006-06-01 8.0869157464598600 2006-07-01 8.1472667460812900 2006-08-01 8.1156258026057800 2006-09-01 8.0988984408998590 2006-10-01 8.0630184613442300 2006-11-01 8.1129881445589700 2006-12-01 8.0124339409965300 2007-01-01 8.0871785737733400 2007-02-01 8.0591431568276400 2007-03-01 7.9066370533663810 2007-04-01 8.1847903360587000 2007-05-01 8.1368505278972290 2007-06-01 8.1071688669910390 2007-07-01 8.1253841301626610 2007-08-01 8.1507836011392300 2007-09-01 8.1983972347953400 2007-10-01 8.1937469589839000 2007-11-01 8.1125750465917900 2007-12-01 8.2841429599499700 2008-01-01 8.2970916772669000 2008-02-01 8.2866947815823300 2008-03-01 8.4046954099157710 2008-04-01 8.4333100043932600 2008-05-01 8.5900815545103900 2008-06-01 8.6437260944798900 2008-07-01 8.8278679955143800 2008-08-01 8.9734118354594900 2008-09-01 9.0602921768171000 2008-10-01 9.1989812320253600 2008-11-01 9.4503849190595000 2008-12-01 9.7239958872926500 2009-01-01 10.1544739284485000 2009-02-01 10.3740148235741000 2009-03-01 10.5685922307197000 2009-04-01 10.6661535480618000 2009-05-01 10.8654293326723990 2009-06-01 10.9055760904758010 2009-07-01 10.7434886106404000 2009-08-01 10.7564545876025000 2009-09-01 10.8282165616739010 2009-10-01 10.9409012882346000 2009-11-01 10.7958865015478000 2009-12-01 10.8596873934737000 2010-01-01 10.7683283184651000 2010-02-01 10.7788912393424000 2010-03-01 10.7548701963239000 2010-04-01 10.6037691997872000 2010-05-01 10.4916158475217000 2010-06-01 10.4144063351233000 2010-07-01 10.4783819837877000 2010-08-01 10.5486530431040000 2010-09-01 10.5792966425353000 2010-10-01 10.5320530641447000 2010-11-01 10.6782584553394000 2010-12-01 10.4819343534246000 2011-01-01 10.3993569443058000 2011-02-01 10.3452373116061000 2011-03-01 10.2606695600874000 2011-04-01 10.3788142125754010 2011-05-01 10.3156840783297990 2011-06-01 10.4228097108151000 2011-07-01 10.4061167023692000 2011-08-01 10.3416295566620010 2011-09-01 10.3065895536166000 2011-10-01 10.2612934673399000 2011-11-01 10.1835008658565000 2011-12-01 10.0986135521631010 2012-01-01 9.9855561676582400 2012-02-01 9.9653021405059500 2012-03-01 9.9694511318701000 2012-04-01 9.9704800484618100 2012-05-01 9.9316052378229800 2012-06-01 9.9684289645088300 2012-07-01 9.9776651006318900 2012-08-01 10.0311903988114000 2012-09-01 9.8004182110504910 2012-10-01 9.7769082303691200 2012-11-01 9.8307866940553410 2012-12-01 9.8839572283067800 2013-01-01 9.9969308898295300 2013-02-01 9.8139681067597790 2013-03-01 9.7509068274086700 2013-04-01 9.7607627351050800 2013-05-01 9.7613868044272800 2013-06-01 9.7356942355352200 2013-07-01 9.5775781765991300 2013-08-01 9.4696282713061900 2013-09-01 9.4662902176675310 2013-10-01 9.5461182726327910 2013-11-01 9.3299467322249500 2013-12-01 9.2617379727972400 2014-01-01 9.2270109025418800 2014-02-01 9.2454014492807600 2014-03-01 9.2354614358316600 2014-04-01 9.0634029105432600 2014-05-01 9.1321270417498410 2014-06-01 9.0308869355047700 2014-07-01 9.0700837163235800 2014-08-01 9.0743625573094000 2014-09-01 9.0108944648329600 2014-10-01 8.8809226472324900 2014-11-01 8.9392621642146300 2014-12-01 8.8109374088565890 2015-01-01 8.8478393947703910 2015-02-01 8.7958410102611100 2015-03-01 8.7417349674594100 2015-04-01 8.7386734768432000 2015-05-01 8.6966944788745100 2015-06-01 8.6683881706815400 2015-07-01 8.6665853667634510 2015-08-01 8.4566129062381510 2015-09-01 8.5562508219604500 2015-10-01 8.5560652221088300 2015-11-01 8.5167263247589800 2015-12-01 8.4467234082312200 2016-01-01 8.3743648583469000 2016-02-01 8.3738574547694300 2016-03-01 8.3707670151275400 2016-04-01 8.4251060217403800 2016-05-01 8.3272442721255190 2016-06-01 8.3147280669615600 2016-07-01 8.3290084658200600 2016-08-01 8.2636726076319090 2016-09-01 8.4443167470631000 2016-10-01 8.4394940267068800 2016-11-01 8.2805001162798400 2016-12-01 8.2723403063365100 2017-01-01 8.2368989150531710 2017-02-01 8.1656750818819200 2017-03-01 8.0917258442991590 2017-04-01 8.0486616481191800 2017-05-01 8.0368002921465300 2017-06-01 7.9518866792805210 2017-07-01 7.9140487784010700 2017-08-01 7.9864144439751800 2017-09-01 7.8739215402392610 2017-10-01 7.8520185949113195 2017-11-01 7.8659309371425300 2017-12-01 7.8633919908357590 2018-01-01 7.8031312794029900 2018-02-01 7.7711492884500110 2018-03-01 7.7731999672391700 2018-04-01 7.7525739849215500 2018-05-01 7.6803583820644400 2018-06-01 7.7013071827673290 2018-07-01 7.6148336656402810 2018-08-01 7.6680654431492110 2018-09-01 7.6268253601523100 2018-10-01 7.6346067528857200 2018-11-01 7.5987070047398700 2018-12-01 7.6524770437653600 2019-01-01 7.7217141200633800 2019-02-01 7.6213347594811610 2019-03-01 7.6144748234996396 2019-04-01 7.5282644777119400 2019-05-01 7.4901428011648500 2019-06-01 7.4854100935001810 2019-07-01 7.5739773768011900 2019-08-01 7.4328629227167100 2019-09-01 7.2957552916851300 2019-10-01 7.2751950054516500 2019-11-01 7.3124609502714195 2019-12-01 7.3002992588132100 2020-01-01 7.3276590559648000 2020-02-01 7.3772292970235105 2020-03-01 8.1357528601321000 2020-04-01 15.5180470189820010 2020-05-01 14.2761068395215000 2020-06-01 12.5187832756902000 2020-07-01 11.9370985363752000 2020-08-01 10.6373174646207000 2020-09-01 10.3468530589540000 2020-10-01 9.3194006372227600 2020-11-01 9.2508124963370890 2020-12-01 9.2493101383161990 2021-01-01 8.8904651838110800 2021-02-01 8.9410416593766900 2021-03-01 8.7757359452072400 2021-04-01 8.7640420913374090 2021-05-01 8.6882483453135800 2021-06-01 8.5680384154995100 2021-07-01 8.3927315884190700 2021-08-01 8.1945843992805300 2021-09-01 8.0721215272362800 2021-10-01 7.9406998715791510 2021-11-01 7.7513792012276800 2021-12-01 7.6452792723248610 2022-01-01 7.7165973191682600 2022-02-01 7.5976568220803990 2022-03-01 7.5655152040257200 2022-04-01 7.5736361229098390 2022-05-01 7.4902052987199300 2022-06-01 7.4767974248134500 2022-07-01 7.4989129000876990 2022-08-01 7.4780525842481795 2022-09-01 7.5132192452415110 2022-10-01 7.5260091255646895 2022-11-01 7.4843041532220200 2022-12-01 7.3916087121904300 2023-01-01 7.2431487362940805 2023-02-01 7.3286706020619405 2023-03-01 7.3227688020205800 2023-04-01 7.2711575439069200 2023-05-01 7.4558226137430790 2023-06-01 7.3678406257758800 2023-07-01 7.3682959693001000 2023-08-01 7.4571117038120995