Skip to main content
  • Percent, Monthly, Seasonally Adjusted

    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.

  • Index, Monthly, Not Seasonally Adjusted

    A zero value for the index indicates that the national economy is expanding at its historical trend rate of growth; negative values indicate below-average growth; and positive values indicate above-average growth. For further information, please visit the Federal Reserve Bank of Chicago's web site: http://www.chicagofed.org/webpages/research/data/cfnai/current_data.cfm

  • Percent, Monthly, Seasonally Adjusted

    The Hornstein-Kudlyak-Lange Non-Employment Index including People Working Part-Time for Economic Reasons (NEI+PTER) is a weighted average of all non-employed people and people working part-time for economic reasons 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.

  • Percent Expanding, Monthly, Seasonally Adjusted

    This Index Covers 47 Of The Largest Of 149 Labor Market Areas Listed As "Labor Market And Employment Security." Source: G.H. Moore, Business Cycle Indicators, Vol. 2, NBER, P. 157 This NBER data series m16081 appears on the NBER website in Chapter 16 at http://www.nber.org/databases/macrohistory/contents/chapter16.html. NBER Indicator: m16081


Subscribe to the FRED newsletter


Follow us

Back to Top