Home > Releases > Hornstein-Kudlyak-Lange Non-Employment Index > Hornstein-Kudlyak-Lange Non-Employment Index
Observation:
Aug 2023: 7.45711 (+ more) Updated: Sep 10, 2023Aug 2023: | 7.45711 | |
Jul 2023: | 7.36830 | |
Jun 2023: | 7.36784 | |
May 2023: | 7.45582 | |
Apr 2023: | 7.27116 |
Units:
Percent,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Title | Release Dates | |
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Hornstein-Kudlyak-Lange Non-Employment Index | 2015-12-16 | 2023-09-10 |
Source | ||
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Federal Reserve Bank of Richmond | 2015-12-16 | 2023-09-10 |
Release | ||
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Hornstein-Kudlyak-Lange Non-Employment Index | 2015-12-16 | 2023-09-10 |
Units | ||
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Percent | 2015-12-16 | 2023-09-10 |
Frequency | ||
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Monthly | 2015-12-16 | 2023-09-10 |
Seasonal Adjustment | ||
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Seasonally Adjusted | 2015-12-16 | 2023-09-10 |
Notes | ||
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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.
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2015-12-16 | 2023-09-10 |