Federal Reserve Economic Data

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

May 2025: 7.81097
Updated: Jun 12, 2025 2:18 PM CDT
Next Release Date: Not Available
May 2025:  7.81097  
Apr 2025:  7.75849  
Mar 2025:  7.78558  
Feb 2025:  7.72259  
Jan 2025:  7.58369  
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Units:

Percent,
Seasonally Adjusted

Frequency:

Monthly

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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, .

Release Tables

Hornstein-Kudlyak-Lange Non-Employment Index

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