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Hornstein-Kudlyak-Lange Non-Employment Index, Release Date: 2021-08-12
| Name | ||
|---|---|---|
| Hornstein-Kudlyak-Lange Non-Employment Index | ||
| Link | ||
| https://www.richmondfed.org/research/national_economy/non_employment_index | ||
| Source | ||
| Federal Reserve Bank of Richmond | ||
| Notes | ||
|
The Hornstein-Kudlyak-Lange Non-Employment Index (NEI) is an alternative to the standard unemployment rate that includes all non-employed individuals and accounts for persistent differences in their labor market attachment. It provides a more comprehensive reading of labor market health and is based on research first published by Richmond Fed economists Andreas Hornstein and Marianna Kudlyak, and McGill University economist Fabian Lange.
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