Home > Releases > Hornstein-Kudlyak-Lange Non-Employment Index > Hornstein-Kudlyak-Lange Non-Employment Index
Observation:
Apr 2024: 7.47878 (+ more) Updated: May 10, 2024 2:18 PM CDTApr 2024: | 7.47878 | |
Mar 2024: | 7.49527 | |
Feb 2024: | 7.57186 | |
Jan 2024: | 7.40842 | |
Dec 2023: | 7.54031 |
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 | 2024-05-10 |
Source | ||
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Federal Reserve Bank of Richmond | 2015-12-16 | 2024-05-10 |
Release | ||
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Hornstein-Kudlyak-Lange Non-Employment Index | 2015-12-16 | 2024-05-10 |
Units | ||
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Percent | 2015-12-16 | 2024-05-10 |
Frequency | ||
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Monthly | 2015-12-16 | 2024-05-10 |
Seasonal Adjustment | ||
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Seasonally Adjusted | 2015-12-16 | 2024-05-10 |
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 | 2024-05-10 |