Regional Economy
Snapshot, September 2018
Snapshot
Sept. 7, 2018
Reports on the Fifth District economy were mostly positive in recent months.
Data & Analysis
Hornstein-Kudlyak-Lange Non-Employment Index
September 19, 2018
The Non-Employment Index was 7.8 percent in August 2018, edging up from July 2018. It has declined by 0.3 percentage points since August 2017.
Month,HKL Nonemployment Index,HKL Nonemployment Index Including PTER,Civilian Unemployment Rate (U-3),Unemployed plus Marginally Attached (U-5),Unemployed plus Marginally Attached and PTER (U-6) 1994-01-01,10.04882777,11.1156097,6.6,8.1,11.8 1994-02-01,9.878808728,11.0393364,6.6,7.9,11.4 1994-03-01,9.776793294,10.9875174,6.5,7.7,11.4 1994-04-01,9.64680933,10.82419169,6.4,7.6,11.2 1994-05-01,9.400411236,10.64822278,6.1,7.2,10.8 1994-06-01,9.430086981,10.63715519,6.1,7.3,10.9 1994-07-01,9.369132273,10.52586289,6.1,7.3,10.7 1994-08-01,9.313192636,10.43039756,6,7.2,10.5 1994-09-01,9.226412643,10.33435252,5.9,7.1,10.4 1994-10-01,9.149548417,10.28803118,5.8,6.9,10.3 1994-11-01,9.053952737,10.19948763,5.6,6.7,10.1 1994-12-01,8.968548487,10.08577753,5.5,6.7,10 1995-01-01,8.985998342,10.18000777,5.6,6.8,10.2 1995-02-01,8.917913142,10.00287606,5.4,6.6,9.9 1995-03-01,8.957577419,10.05735088,5.4,6.6,9.9 1995-04-01,9.050166577,10.13520354,5.8,6.7,10 1995-05-01,9.05924217,10.21730405,5.6,6.6,10 1995-06-01,9.029256303,10.14608778,5.6,6.7,10.1 1995-07-01,9.013038206,10.14508555,5.7,6.7,10.1 1995-08-01,9.049606134,10.19363129,5.7,6.7,10 1995-09-01,9.042427257,10.19153573,5.6,6.7,10.1 1995-10-01,9.034527776,10.15497273,5.5,6.6,9.9 1995-11-01,9.024295443,10.15591683,5.6,6.6,10 1995-12-01,9.041483378,10.15042758,5.6,6.7,10 1996-01-01,9.01117992,10.05364897,5.6,6.8,9.8 1996-02-01,8.990603177,10.07790324,5.5,6.7,10 1996-03-01,8.927528222,10.02025527,5.5,6.6,9.8 1996-04-01,8.92140668,9.999872884,5.6,6.6,9.9 1996-05-01,8.911283516,10.00843557,5.6,6.5,9.7 1996-06-01,8.787964987,9.857245934,5.3,6.4,9.6 1996-07-01,8.792022992,9.896752096,5.5,6.5,9.7 1996-08-01,8.704674795,9.803282235,5.1,6.1,9.3 1996-09-01,8.643311666,9.726503069,5.2,6.2,9.4 1996-10-01,8.689254007,9.771848153,5.2,6.2,9.4 1996-11-01,8.77321076,9.777538785,5.4,6.4,9.3 1996-12-01,8.695217452,9.775464582,5.4,6.3,9.5 1997-01-01,8.691257352,9.75369798,5.3,6.4,9.4 1997-02-01,8.69188569,9.729248914,5.2,6.3,9.4 1997-03-01,8.604205139,9.613023851,5.2,6.1,9.1 1997-04-01,8.504377598,9.546334717,5.1,6,9.2 1997-05-01,8.480555593,9.488318356,4.9,5.8,8.8 1997-06-01,8.452357786,9.434364145,5,5.9,8.8 1997-07-01,8.318994876,9.332005448,4.9,5.7,8.6 1997-08-01,8.281894879,9.279526365,4.8,5.7,8.6 1997-09-01,8.361344317,9.339437824,4.9,5.8,8.7 1997-10-01,8.257720111,9.23551618,4.7,5.6,8.4 1997-11-01,8.228764807,9.199008556,4.6,5.5,8.3 1997-12-01,8.251626703,9.195056005,4.7,5.7,8.4 1998-01-01,8.170679792,9.146993333,4.6,5.6,8.4 1998-02-01,8.122302246,9.065324558,4.6,5.6,8.4 1998-03-01,8.172850649,9.109930671,4.7,5.6,8.4 1998-04-01,8.00778501,8.890321318,4.3,5.2,7.9 1998-05-01,8.01369624,8.935536881,4.4,5.2,7.9 1998-06-01,8.084749466,9.00729375,4.5,5.3,8 1998-07-01,8.143799954,9.092466534,4.5,5.4,8.1 1998-08-01,8.116989719,8.985138133,4.5,5.3,7.9 1998-09-01,8.068471227,8.907004097,4.6,5.4,7.9 1998-10-01,8.081917616,8.921559912,4.5,5.3,7.8 1998-11-01,7.986948983,8.791436583,4.4,5.2,7.6 1998-12-01,7.959853365,8.785197759,4.4,5.1,7.6 1999-01-01,7.944528085,8.784369924,4.3,5.2,7.7 1999-02-01,7.984208693,8.811535972,4.4,5.3,7.7 1999-03-01,7.934631147,8.788814538,4.2,5,7.6 1999-04-01,8.118888199,8.912878854,4.3,5.2,7.6 1999-05-01,7.949104428,8.782170675,4.2,5,7.4 1999-06-01,7.973701269,8.793357083,4.3,5.1,7.5 1999-07-01,7.919598398,8.746250058,4.3,5.1,7.5 1999-08-01,7.891227015,8.692987401,4.2,5,7.3 1999-09-01,7.909192941,8.70046863,4.2,5,7.4 1999-10-01,7.804243506,8.566799577,4.1,4.9,7.2 1999-11-01,7.776042238,8.534562656,4.1,4.8,7.1 1999-12-01,7.726610814,8.507946706,4,4.8,7.1 2000-01-01,7.670743069,8.425855536,4,4.8,7.1 2000-02-01,7.785047441,8.531796446,4.1,5,7.2 2000-03-01,7.809538323,8.569165165,4,4.8,7.1 2000-04-01,7.684228751,8.410366754,3.8,4.7,6.9 2000-05-01,7.856720863,8.645845947,4,4.8,7.1 2000-06-01,7.700484414,8.451240788,4,4.7,7 2000-07-01,7.714695901,8.470225805,4,4.8,7 2000-08-01,7.74527955,8.519460941,4.1,4.8,7.1 2000-09-01,7.710817099,8.469953091,3.9,4.7,7 2000-10-01,7.695616835,8.447051271,3.9,4.6,6.8 2000-11-01,7.730440151,8.520255146,3.9,4.7,7.1 2000-12-01,7.714773102,8.465114174,3.9,4.7,6.9 2001-01-01,7.806352066,8.57965624,4.2,5,7.3 2001-02-01,7.837771662,8.600353038,4.2,5.1,7.4 2001-03-01,7.897258753,8.660484642,4.3,5,7.3 2001-04-01,8.049558922,8.801140998,4.4,5.1,7.4 2001-05-01,8.137200485,8.952809501,4.3,5.1,7.5 2001-06-01,8.217733489,9.099078903,4.5,5.3,7.9 2001-07-01,8.172748711,9.014746552,4.6,5.4,7.8 2001-08-01,8.489693883,9.30312907,4.9,5.8,8.1 2001-09-01,8.459152329,9.438201589,5,5.8,8.7 2001-10-01,8.722855002,9.747111934,5.3,6.2,9.3 2001-11-01,8.810924903,9.779538641,5.5,6.4,9.4 2001-12-01,8.921056735,9.928885451,5.7,6.6,9.6 2002-01-01,8.998855402,9.931687844,5.7,6.7,9.5 2002-02-01,8.9009504,9.877336392,5.7,6.6,9.5 2002-03-01,8.885273176,9.830461903,5.7,6.6,9.4 2002-04-01,8.953935583,9.907324229,5.9,6.8,9.7 2002-05-01,8.877334274,9.832431289,5.8,6.7,9.5 2002-06-01,8.867098525,9.804610323,5.8,6.7,9.5 2002-07-01,8.884454756,9.852626754,5.8,6.8,9.6 2002-08-01,8.820237298,9.846616383,5.7,6.7,9.6 2002-09-01,8.784145402,9.775767346,5.7,6.6,9.6 2002-10-01,8.758700455,9.7494984,5.7,6.6,9.6 2002-11-01,8.900193593,9.860085732,5.9,6.8,9.7 2002-12-01,8.831131485,9.80933533,6,6.9,9.8 2003-01-01,8.878370786,9.919796744,5.8,6.9,10 2003-02-01,8.90364644,9.984572042,5.9,6.9,10.2 2003-03-01,9.016804175,10.07588596,5.9,6.9,10 2003-04-01,8.970006633,10.04494542,6,6.9,10.2 2003-05-01,9.045130242,10.09218668,6.1,7,10.1 2003-06-01,9.084463682,10.13162429,6.3,7.2,10.3 2003-07-01,9.05374916,10.11791837,6.2,7.1,10.3 2003-08-01,9.029495685,10.06741175,6.1,7.1,10.1 2003-09-01,9.016495279,10.11827118,6.1,7.1,10.4 2003-10-01,9.004858691,10.07608323,6,7,10.2 2003-11-01,8.868473712,9.931926472,5.8,6.8,10 2003-12-01,8.856215345,9.923692848,5.7,6.6,9.8 2004-01-01,8.797433417,9.85854826,5.7,6.8,9.9 2004-02-01,8.750529674,9.761142642,5.6,6.6,9.7 2004-03-01,8.876296118,9.945165824,5.8,6.8,10 2004-04-01,8.749377039,9.760058541,5.6,6.5,9.6 2004-05-01,8.742569642,9.780425032,5.6,6.6,9.6 2004-06-01,8.719190373,9.719137571,5.6,6.6,9.5 2004-07-01,8.710780386,9.712203259,5.5,6.5,9.5 2004-08-01,8.68095674,9.710300255,5.4,6.4,9.4 2004-09-01,8.665496293,9.670619887,5.4,6.4,9.4 2004-10-01,8.701787068,9.764414438,5.5,6.5,9.7 2004-11-01,8.654284577,9.645785011,5.4,6.3,9.4 2004-12-01,8.641167773,9.630003649,5.4,6.3,9.2 2005-01-01,8.591980556,9.565774039,5.3,6.4,9.3 2005-02-01,8.652157477,9.596902331,5.4,6.4,9.3 2005-03-01,8.576210658,9.556069496,5.2,6.2,9.1 2005-04-01,8.537011875,9.463847291,5.2,6.1,8.9 2005-05-01,8.457243996,9.421814674,5.1,6,8.9 2005-06-01,8.48980117,9.474605961,5,6,9 2005-07-01,8.402294988,9.376570282,5,5.9,8.8 2005-08-01,8.316275694,9.330302678,4.9,5.9,8.9 2005-09-01,8.464506725,9.499604188,5,5.9,9 2005-10-01,8.424019532,9.363452744,5,5.9,8.7 2005-11-01,8.486628672,9.394623711,5,5.9,8.7 2005-12-01,8.442117168,9.34405515,4.9,5.8,8.6 2006-01-01,8.329111935,9.228991797,4.7,5.7,8.4 2006-02-01,8.323316376,9.242603135,4.8,5.7,8.4 2006-03-01,8.220540044,9.095757591,4.7,5.6,8.2 2006-04-01,8.356495825,9.183806132,4.7,5.5,8.1 2006-05-01,8.177173777,9.081705445,4.6,5.5,8.2 2006-06-01,8.170217964,9.111611289,4.6,5.6,8.4 2006-07-01,8.229638391,9.169034467,4.7,5.7,8.5 2006-08-01,8.196787947,9.134618259,4.7,5.7,8.4 2006-09-01,8.183349464,9.100271437,4.5,5.3,8 2006-10-01,8.147670659,9.097330194,4.4,5.3,8.2 2006-11-01,8.196851791,9.090534359,4.5,5.4,8.1 2006-12-01,8.096892504,9.002889399,4.4,5.2,7.9 2007-01-01,8.172499976,9.090622806,4.6,5.6,8.4 2007-02-01,8.144292276,9.052890367,4.5,5.4,8.2 2007-03-01,7.99175152,8.91552985,4.4,5.3,8 2007-04-01,8.272901242,9.176324049,4.5,5.4,8.2 2007-05-01,8.224293833,9.194277236,4.4,5.3,8.2 2007-06-01,8.191145008,9.122517718,4.6,5.5,8.3 2007-07-01,8.210765085,9.161454404,4.7,5.5,8.4 2007-08-01,8.238867927,9.250238151,4.6,5.5,8.4 2007-09-01,8.284107477,9.280019919,4.7,5.5,8.4 2007-10-01,8.280538241,9.221081087,4.7,5.6,8.4 2007-11-01,8.198128163,9.14941354,4.7,5.5,8.4 2007-12-01,8.369709362,9.351486628,5,5.8,8.8 2008-01-01,8.384117096,9.422628123,5,6,9.2 2008-02-01,8.374140092,9.417767741,4.9,5.9,9 2008-03-01,8.492568346,9.545877858,5.1,5.9,9.1 2008-04-01,8.522844072,9.607934192,5,5.8,9.2 2008-05-01,8.675587712,9.810964707,5.4,6.3,9.7 2008-06-01,8.730434856,9.916054458,5.6,6.5,10.1 2008-07-01,8.913743928,10.19864603,5.8,6.7,10.5 2008-08-01,9.059458217,10.33151328,6.1,7.1,10.8 2008-09-01,9.146865139,10.47248351,6.1,7.1,11 2008-10-01,9.285469439,10.7137789,6.5,7.5,11.8 2008-11-01,9.537428991,11.07637082,6.8,8,12.6 2008-12-01,9.810660308,11.51191224,7.3,8.4,13.6 2009-01-01,10.24310649,11.97306293,7.8,9.1,14.2 2009-02-01,10.46058962,12.32200262,8.3,9.5,15.2 2009-03-01,10.65469385,12.59455115,8.7,9.9,15.8 2009-04-01,10.75287011,12.60821229,9,10.2,15.9 2009-05-01,10.95247065,12.88346281,9.4,10.6,16.5 2009-06-01,10.99552734,12.92621238,9.5,10.8,16.5 2009-07-01,10.83336154,12.76448491,9.5,10.8,16.4 2009-08-01,10.84528273,12.76416995,9.6,10.9,16.7 2009-09-01,10.91629427,12.77479443,9.8,11,16.7 2009-10-01,11.02904939,12.92727748,10,11.4,17.1 2009-11-01,10.88431328,12.78678982,9.9,11.2,17.1 2009-12-01,10.94896345,12.8548425,9.9,11.3,17.1 2010-01-01,10.85907608,12.67330133,9.8,11.3,16.7 2010-02-01,10.86881892,12.74665526,9.8,11.3,17 2010-03-01,10.84234779,12.78107788,9.9,11.2,17.1 2010-04-01,10.6915025,12.60982511,9.9,11.3,17.1 2010-05-01,10.58039915,12.43903232,9.6,10.9,16.6 2010-06-01,10.50731664,12.33243986,9.4,10.9,16.4 2010-07-01,10.57029639,12.40781444,9.4,11,16.4 2010-08-01,10.64015705,12.48228583,9.5,10.9,16.5 2010-09-01,10.66954859,12.56298805,9.5,10.9,16.8 2010-10-01,10.61928297,12.4775216,9.4,11,16.6 2010-11-01,10.76853223,12.60439754,9.8,11.2,16.9 2010-12-01,10.57297476,12.43343489,9.3,10.9,16.6 2011-01-01,10.4901205,12.28508829,9.1,10.8,16.2 2011-02-01,10.43618969,12.2074187,9,10.6,16 2011-03-01,10.35041984,12.1614389,9,10.4,15.9 2011-04-01,10.47005572,12.28135409,9.1,10.5,16.1 2011-05-01,10.40954798,12.20845785,9,10.3,15.8 2011-06-01,10.51829516,12.29658698,9.1,10.7,16.1 2011-07-01,10.50222331,12.26536514,9,10.6,15.9 2011-08-01,10.43816567,12.2448131,9,10.5,16.1 2011-09-01,10.39758644,12.23698054,9,10.5,16.4 2011-10-01,10.34444978,12.15306027,8.8,10.3,15.8 2011-11-01,10.27629157,12.0177748,8.6,10.1,15.5 2011-12-01,10.19010982,11.8839847,8.5,10,15.2 2012-01-01,10.07953479,11.80616575,8.3,9.9,15.2 2012-02-01,10.05704938,11.7622767,8.3,9.8,15 2012-03-01,10.06158842,11.6749607,8.2,9.6,14.5 2012-04-01,10.06249317,11.6987943,8.2,9.6,14.6 2012-05-01,10.02582813,11.70571174,8.2,9.6,14.7 2012-06-01,10.06171991,11.73702365,8.2,9.6,14.8 2012-07-01,10.07157846,11.74766715,8.2,9.6,14.8 2012-08-01,10.13719747,11.74686637,8.1,9.6,14.6 2012-09-01,9.894790856,11.60636127,7.8,9.3,14.8 2012-10-01,9.856038693,11.56097853,7.8,9.2,14.4 2012-11-01,9.923759195,11.58455239,7.7,9.2,14.4 2012-12-01,9.977540823,11.6020705,7.9,9.4,14.4 2013-01-01,10.08937393,11.74668742,8,9.4,14.6 2013-02-01,9.907085196,11.57731878,7.7,9.2,14.4 2013-03-01,9.845705117,11.420242,7.5,8.9,13.8 2013-04-01,9.853319906,11.48019769,7.6,8.9,14 2013-05-01,9.856187484,11.4647621,7.5,8.8,13.8 2013-06-01,9.830813775,11.48985315,7.5,9.1,14.2 2013-07-01,9.673591644,11.31623816,7.3,8.7,13.8 2013-08-01,9.586724796,11.14267726,7.2,8.6,13.6 2013-09-01,9.555542663,11.13324551,7.2,8.6,13.5 2013-10-01,9.621180144,11.2877868,7.2,8.5,13.6 2013-11-01,9.425888164,10.98898494,6.9,8.2,13.1 2013-12-01,9.358364889,10.94454444,6.7,8.1,13.1 2014-01-01,9.322152678,10.79805863,6.6,8.1,12.7 2014-02-01,9.340821184,10.82105585,6.7,8,12.7 2014-03-01,9.32865303,10.82643873,6.7,8,12.7 2014-04-01,9.156519745,10.67469965,6.3,7.5,12.3 2014-05-01,9.228314461,10.67397092,6.3,7.5,12.1 2014-06-01,9.126861754,10.63752209,6.1,7.3,12 2014-07-01,9.166189698,10.65027448,6.2,7.5,12.1 2014-08-01,9.208187312,10.62938747,6.2,7.4,11.9 2014-09-01,9.092894199,10.50021506,5.9,7.3,11.7 2014-10-01,8.94934935,10.42347879,5.7,7,11.5 2014-11-01,9.033135517,10.41683769,5.8,7,11.4 2014-12-01,8.906611107,10.27936774,5.6,6.9,11.2 2015-01-01,8.944403062,10.30487232,5.7,7,11.3 2015-02-01,8.893077187,10.22870001,5.5,6.8,11 2015-03-01,8.839160156,10.15928273,5.5,6.7,10.9 2015-04-01,8.833377366,10.15228338,5.4,6.7,10.9 2015-05-01,8.793238774,10.09158398,5.5,6.6,10.8 2015-06-01,8.767017448,10.04876412,5.3,6.4,10.4 2015-07-01,8.765053818,10.00239491,5.2,6.4,10.3 2015-08-01,8.602003089,9.867441481,5.1,6.2,10.2 2015-09-01,8.630409608,9.824386619,5,6.2,10 2015-10-01,8.620868592,9.833726834,5,6.2,9.8 2015-11-01,8.604855147,9.829691153,5,6.1,9.9 2015-12-01,8.54107674,9.745352829,5,6.1,9.9 2016-01-01,8.472010956,9.650357578,4.9,6.2,9.9 2016-02-01,8.470120032,9.654009809,4.9,6,9.7 2016-03-01,8.469538696,9.665850793,5,6.1,9.8 2016-04-01,8.518481588,9.704289485,5,6,9.8 2016-05-01,8.425583886,9.67813891,4.7,5.7,9.8 2016-06-01,8.417985474,9.552739497,4.9,6,9.5 2016-07-01,8.425481749,9.583061808,4.9,6,9.7 2016-08-01,8.41948212,9.597403873,4.9,5.9,9.6 2016-09-01,8.503920979,9.662677429,5,6,9.7 2016-10-01,8.497009182,9.725284893,4.9,5.9,9.6 2016-11-01,8.357079607,9.485293828,4.6,5.8,9.3 2016-12-01,8.366161599,9.467637317,4.7,5.7,9.1 2017-01-01,8.338419732,9.470389525,4.8,5.8,9.4 2017-02-01,8.258374599,9.361019718,4.7,5.7,9.2 2017-03-01,8.192195675,9.265980913,4.5,5.4,8.8 2017-04-01,8.141462111,9.177178806,4.4,5.3,8.6 2017-05-01,8.138054931,9.137198297,4.3,5.2,8.4 2017-06-01,8.064170136,9.091589347,4.3,5.3,8.5 2017-07-01,8.01259747,9.037522924,4.3,5.3,8.5 2017-08-01,8.147826907,9.170400498,4.4,5.4,8.6 2017-09-01,7.9243234,8.930795861,4.2,5.1,8.3 2017-10-01,7.904127519,8.902572308,4.1,5,8 2017-11-01,7.930659297,8.879677188,4.1,5,8 2017-12-01,7.956060854,8.928927038,4.1,5.1,8.1 2018-01-01,7.913692278,8.892870543,4.1,5.1,8.2 2018-02-01,7.861904152,8.864140782,4.1,5.1,8.2 2018-03-01,7.87166837,8.84215964,4.1,4.9,8 2018-04-01,7.842351155,8.804774277,3.9,4.7,7.8 2018-05-01,7.786769938,8.71272097,3.8,4.6,7.6 2018-06-01,7.825194117,8.737216558,4,4.9,7.8 2018-07-01,7.712905812,8.593461659,3.9,4.8,7.5 2018-08-01,7.828909113,8.669520444,3.9,4.7,7.4
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Life at the Richmond Fed
While our work is serious, our workplace is more casual—from the way we dress to the activities we share. It’s a friendly, inclusive place to be.
You'll Love Our Benefits
Our approach is about enhancing work and life experiences. Think generous paid days off, a pension and retirement savings plan, wellness offerings, development opportunities and more.
