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Hornstein-Kudlyak-Lange Non-Employment Index (NEIM156SFRBRIC)

Observation:

Apr 2024: 7.47878 (+ more)   Updated: May 10, 2024 2:18 PM CDT
Apr 2024:  7.47878  
Mar 2024:  7.49527  
Feb 2024:  7.57186  
Jan 2024:  7.40842  
Dec 2023:  7.54031  
View All

Units:

Percent,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Federal Reserve Bank of Richmond  

Release: Hornstein-Kudlyak-Lange Non-Employment Index  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

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.

Suggested Citation:

Federal Reserve Bank of Richmond, Hornstein-Kudlyak-Lange Non-Employment Index [NEIM156SFRBRIC], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/NEIM156SFRBRIC, May 24, 2024.

RELEASE TABLES

Hornstein-Kudlyak-Lange Non-Employment Index

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