Hornstein-Kudlyak-Lange Non-Employment Index including People Working Part-Time for Economic Reasons : 8.4806% (As of 2024-09-01)
Basic Info
Hornstein-Kudlyak-Lange Non-Employment Index including People Working Part-Time for Economic Reasons was 8.4806 as of 2024-09-01, according to Federal Reserve Economic Data. Historically, Hornstein-Kudlyak-Lange Non-Employment Index including People Working Part-Time for Economic Reasons reached a record high of 17.8086 and a record low of 8.0585, the median value is 9.64. Typical value range is from 8.06 to 10.69. The Year-Over-Year growth is 3.61%. GuruFocus provides the current actual value, an historical data chart and related indicators for Hornstein-Kudlyak-Lange Non-Employment Index including People Working Part-Time for Economic Reasons - last updated on 2024-09-01.
Monthly , seasonally adjusted . The Hornstein-Kudlyak-Lange Non-Employment Index including People Working Part-Time for Economic Reasons (NEI+PTER) is a weighted average of all non-employed people and people working part-time for economic reasons 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.
Category | Population, Employment, & Labor Markets |
Region | USA |
Source | Federal Reserve Economic Data |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 8.4806% | ||
Latest Period | 2024-09-01 | ||
Long Term Average | 9.24% | ||
Average Annualized Growth Rate | -0.87% | ||
Value from 1 year ago | 8.1841% | ||
Change from 1 year ago | +3.62% | ||
Frequency | Daily | ||
Unit | % | ||
Download Source | source link |