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

Observation:

Apr 2023: 7.26417 (+ more)   Updated: May 11, 2023
Apr 2023:  7.26417  
Mar 2023:  7.30141  
Feb 2023:  7.31469  
Jan 2023:  7.25063  
Dec 2022:  7.38825  
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 31, 2023.

RELEASE TABLES

Hornstein-Kudlyak-Lange Non-Employment Index


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