Regional Economy
Snapshot, June 2019
June 7, 2019
According to recent data, the Fifth District economy strengthened somewhat.
Data & Analysis
Hornstein-Kudlyak-Lange Non-Employment Index
June 13, 2019
The Non-Employment Index was 7.6 percent in May 2019, essentially unchanged from April 2019. It has declined by 0.2 percentage points since May 2018.
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) 1994-01-01,10.02432476,11.09114527,6.6,8.1,11.8 1994-02-01,9.850390065,11.00695198,6.6,7.9,11.4 1994-03-01,9.744973613,10.95932546,6.5,7.7,11.4 1994-04-01,9.610944265,10.7958032,6.4,7.6,11.2 1994-05-01,9.399794489,10.62275015,6.1,7.2,10.8 1994-06-01,9.394291919,10.60695968,6.1,7.3,10.9 1994-07-01,9.33558045,10.49671669,6.1,7.3,10.7 1994-08-01,9.284344995,10.4031401,6,7.2,10.5 1994-09-01,9.195911048,10.30349095,5.9,7.1,10.4 1994-10-01,9.120752437,10.2606044,5.8,6.9,10.3 1994-11-01,9.020843713,10.17143265,5.6,6.7,10.1 1994-12-01,8.940417614,10.0575967,5.5,6.7,10 1995-01-01,8.96129841,10.15530946,5.6,6.8,10.2 1995-02-01,8.890781541,9.972418433,5.4,6.6,9.9 1995-03-01,8.92679927,10.03009881,5.4,6.6,9.9 1995-04-01,9.01670194,10.10801712,5.8,6.7,10 1995-05-01,9.05589802,10.19209525,5.6,6.6,10 1995-06-01,8.995001518,10.1164907,5.6,6.7,10.1 1995-07-01,8.981460217,10.1170639,5.7,6.7,10.1 1995-08-01,9.021107609,10.16619762,5.7,6.7,10 1995-09-01,9.012183165,10.16129505,5.6,6.7,10.1 1995-10-01,9.004802686,10.12635735,5.5,6.6,9.9 1995-11-01,8.992020975,10.12803356,5.6,6.6,10 1995-12-01,9.013490181,10.12236833,5.6,6.7,10 1996-01-01,8.984760436,10.02791712,5.6,6.8,9.8 1996-02-01,8.962169013,10.04644325,5.5,6.7,10 1996-03-01,8.897374474,9.993016047,5.5,6.6,9.8 1996-04-01,8.888667142,9.971512282,5.6,6.6,9.9 1996-05-01,8.901289745,9.983089466,5.6,6.5,9.7 1996-06-01,8.75578778,9.827149481,5.3,6.4,9.6 1996-07-01,8.762108891,9.868843561,5.5,6.5,9.7 1996-08-01,8.675259306,9.77436353,5.1,6.1,9.3 1996-09-01,8.612705027,9.696288044,5.2,6.2,9.4 1996-10-01,8.660754751,9.74391321,5.2,6.2,9.4 1996-11-01,8.741467368,9.749244848,5.4,6.4,9.3 1996-12-01,8.667573367,9.747525203,5.4,6.3,9.5 1997-01-01,8.664550993,9.729175187,5.3,6.4,9.4 1997-02-01,8.664632354,9.699749034,5.2,6.3,9.4 1997-03-01,8.575116901,9.586414325,5.2,6.1,9.1 1997-04-01,8.473122101,9.516764569,5.1,6,9.2 1997-05-01,8.463064767,9.461550195,4.9,5.8,8.8 1997-06-01,8.422774334,9.404894995,5,5.9,8.8 1997-07-01,8.290845196,9.304665153,4.9,5.7,8.6 1997-08-01,8.253624357,9.251374039,4.8,5.7,8.6 1997-09-01,8.330966563,9.309307149,4.9,5.8,8.7 1997-10-01,8.22893263,9.206861096,4.7,5.6,8.4 1997-11-01,8.198197889,9.171138935,4.6,5.5,8.3 1997-12-01,8.224072594,9.166933267,4.7,5.7,8.4 1998-01-01,8.143824657,9.123698853,4.6,5.6,8.4 1998-02-01,8.095499429,9.037153332,4.6,5.6,8.4 1998-03-01,8.145033112,9.083792621,4.7,5.6,8.4 1998-04-01,7.977791907,8.859614735,4.3,5.2,7.9 1998-05-01,7.990406216,8.908131587,4.4,5.2,7.9 1998-06-01,8.057905684,8.979149323,4.5,5.3,8 1998-07-01,8.116174685,9.064579055,4.5,5.4,8.1 1998-08-01,8.089483528,8.957381279,4.5,5.3,7.9 1998-09-01,8.039205954,8.878391485,4.6,5.4,7.9 1998-10-01,8.05479483,8.894335357,4.5,5.3,7.8 1998-11-01,7.957809044,8.763815143,4.4,5.2,7.6 1998-12-01,7.933308497,8.758073579,4.4,5.1,7.6 1999-01-01,7.916387418,8.760610796,4.3,5.2,7.7 1999-02-01,7.95696111,8.783525867,4.4,5.3,7.7 1999-03-01,7.906199872,8.761972545,4.2,5,7.6 1999-04-01,8.087717668,8.879671335,4.3,5.2,7.6 1999-05-01,7.923961656,8.753889902,4.2,5,7.4 1999-06-01,7.945595146,8.764250034,4.3,5.1,7.5 1999-07-01,7.892279252,8.718569753,4.3,5.1,7.5 1999-08-01,7.863965331,8.665397678,4.2,5,7.3 1999-09-01,7.880501377,8.672369255,4.2,5,7.4 1999-10-01,7.77709425,8.539791502,4.1,4.9,7.2 1999-11-01,7.747840242,8.506990115,4.1,4.8,7.1 1999-12-01,7.699584825,8.480529916,4,4.8,7.1 2000-01-01,7.64317697,8.402863601,4,4.8,7.1 2000-02-01,7.757417558,8.503598093,4.1,5,7.2 2000-03-01,7.780777741,8.541306877,4,4.8,7.1 2000-04-01,7.654798656,8.378663477,3.8,4.7,6.9 2000-05-01,7.831030821,8.617862201,4,4.8,7.1 2000-06-01,7.673727073,8.423692937,4,4.7,7 2000-07-01,7.687311827,8.442436619,4,4.8,7 2000-08-01,7.718985302,8.492911623,4.1,4.8,7.1 2000-09-01,7.682440822,8.44222513,3.9,4.7,7 2000-10-01,7.668022633,8.419949039,3.9,4.6,6.8 2000-11-01,7.702738494,8.49240924,3.9,4.7,7.1 2000-12-01,7.686830385,8.436860869,3.9,4.7,6.9 2001-01-01,7.778083219,8.556279665,4.2,5,7.3 2001-02-01,7.809855461,8.571685139,4.2,5.1,7.4 2001-03-01,7.870183876,8.633817427,4.3,5,7.3 2001-04-01,8.020654117,8.769407451,4.4,5.1,7.4 2001-05-01,8.109683959,8.923745716,4.3,5.1,7.5 2001-06-01,8.189054679,9.069696225,4.5,5.3,7.9 2001-07-01,8.143816182,8.985581009,4.6,5.4,7.8 2001-08-01,8.458950254,9.272460388,4.9,5.8,8.1 2001-09-01,8.429814866,9.409201216,5,5.8,8.7 2001-10-01,8.693426139,9.718704938,5.3,6.2,9.3 2001-11-01,8.781966986,9.75051165,5.5,6.4,9.4 2001-12-01,8.891885828,9.899562299,5.7,6.6,9.6 2002-01-01,8.967747475,9.904729138,5.7,6.7,9.5 2002-02-01,8.872354255,9.847910095,5.7,6.6,9.5 2002-03-01,8.856709219,9.801677459,5.7,6.6,9.4 2002-04-01,8.924221866,9.87508727,5.9,6.8,9.7 2002-05-01,8.849369391,9.803710715,5.8,6.7,9.5 2002-06-01,8.838223303,9.775086069,5.8,6.7,9.5 2002-07-01,8.855070404,9.823089586,5.8,6.8,9.6 2002-08-01,8.791329053,9.817907477,5.7,6.7,9.6 2002-09-01,8.755238845,9.747203447,5.7,6.6,9.6 2002-10-01,8.730093019,9.722092405,5.7,6.6,9.6 2002-11-01,8.871445205,9.83110292,5.9,6.8,9.7 2002-12-01,8.802635269,9.780874127,6,6.9,9.8 2003-01-01,8.849315732,9.893239451,5.8,6.9,10 2003-02-01,8.874682347,9.954547557,5.9,6.9,10.2 2003-03-01,8.986829275,10.04566159,5.9,6.9,10 2003-04-01,8.941334505,10.0147063,6,6.9,10.2 2003-05-01,9.016472347,10.06317511,6.1,7,10.1 2003-06-01,9.055295843,10.10204054,6.3,7.2,10.3 2003-07-01,9.024097559,10.08824803,6.2,7.1,10.3 2003-08-01,8.999768362,10.03794331,6.1,7.1,10.1 2003-09-01,8.987373081,10.08944636,6.1,7.1,10.4 2003-10-01,8.975133066,10.04761657,6,7,10.2 2003-11-01,8.839927603,9.903028966,5.8,6.8,10 2003-12-01,8.826701697,9.89447685,5.7,6.6,9.8 2004-01-01,8.767844133,9.829656865,5.7,6.8,9.9 2004-02-01,8.720390452,9.730044913,5.6,6.6,9.7 2004-03-01,8.846301872,9.914800949,5.8,6.8,10 2004-04-01,8.718900831,9.729482673,5.6,6.5,9.6 2004-05-01,8.711852205,9.749520655,5.6,6.6,9.6 2004-06-01,8.689000529,9.688739557,5.6,6.6,9.5 2004-07-01,8.680348776,9.681868704,5.5,6.5,9.5 2004-08-01,8.651257734,9.680782648,5.4,6.4,9.4 2004-09-01,8.634737833,9.640048014,5.4,6.4,9.4 2004-10-01,8.671657276,9.735309495,5.5,6.5,9.7 2004-11-01,8.624601785,9.615425848,5.4,6.3,9.4 2004-12-01,8.611058659,9.600080939,5.4,6.3,9.2 2005-01-01,8.561583074,9.535733197,5.3,6.4,9.3 2005-02-01,8.621777324,9.565530467,5.4,6.4,9.3 2005-03-01,8.545751911,9.525385613,5.2,6.2,9.1 2005-04-01,8.506000984,9.433063168,5.2,6.1,8.9 2005-05-01,8.427032031,9.391598762,5.1,6,8.9 2005-06-01,8.458912591,9.443775038,5,6,9 2005-07-01,8.371601819,9.346006757,5,5.9,8.8 2005-08-01,8.285734153,9.299807965,4.9,5.9,8.9 2005-09-01,8.433232142,9.468458867,5,5.9,9 2005-10-01,8.393121889,9.333341768,5,5.9,8.7 2005-11-01,8.456768757,9.363918395,5,5.9,8.7 2005-12-01,8.409978895,9.312023714,4.9,5.8,8.6 2006-01-01,8.297026355,9.197016761,4.7,5.7,8.4 2006-02-01,8.292596494,9.21121817,4.8,5.7,8.4 2006-03-01,8.189824077,9.06484706,4.7,5.6,8.2 2006-04-01,8.325251031,9.152922417,4.7,5.5,8.1 2006-05-01,8.146222049,9.050785035,4.6,5.5,8.2 2006-06-01,8.138751878,9.080240026,4.6,5.6,8.4 2006-07-01,8.198662942,9.138280633,4.7,5.7,8.5 2006-08-01,8.166280682,9.104053272,4.7,5.7,8.4 2006-09-01,8.151914266,9.068906404,4.5,5.3,8 2006-10-01,8.115111011,9.065437211,4.4,5.3,8.2 2006-11-01,8.166127046,9.058910497,4.5,5.4,8.1 2006-12-01,8.065294413,8.971406014,4.4,5.2,7.9 2007-01-01,8.141003375,9.059207342,4.6,5.6,8.4 2007-02-01,8.11232976,9.020551097,4.5,5.4,8.2 2007-03-01,7.959796749,8.883338984,4.4,5.3,8 2007-04-01,8.239754466,9.143487804,4.5,5.4,8.2 2007-05-01,8.191193346,9.16111437,4.4,5.3,8.2 2007-06-01,8.159730307,9.09120834,4.6,5.5,8.3 2007-07-01,8.178764005,9.129752021,4.7,5.5,8.4 2007-08-01,8.206021156,9.217278956,4.6,5.5,8.4 2007-09-01,8.252076381,9.248116042,4.7,5.5,8.4 2007-10-01,8.248806453,9.189889504,4.7,5.6,8.4 2007-11-01,8.167431595,9.118344118,4.7,5.5,8.4 2007-12-01,8.337892421,9.319573533,5,5.8,8.8 2008-01-01,8.351528471,9.389905648,5,6,9.2 2008-02-01,8.341011071,9.384412819,4.9,5.9,9 2008-03-01,8.459697092,9.512550449,5.1,5.9,9.1 2008-04-01,8.489264919,9.57457014,5,5.8,9.2 2008-05-01,8.643861851,9.779062349,5.4,6.3,9.7 2008-06-01,8.697711968,9.883364155,5.6,6.5,10.1 2008-07-01,8.881405684,10.16666506,5.8,6.7,10.5 2008-08-01,9.027133145,10.29923394,6.1,7.1,10.8 2008-09-01,9.114653808,10.44083364,6.1,7.1,11 2008-10-01,9.253672199,10.68275284,6.5,7.5,11.8 2008-11-01,9.50536075,11.04468183,6.8,8,12.6 2008-12-01,9.778601436,11.47931605,7.3,8.4,13.6 2009-01-01,10.21099381,11.94013323,7.8,9.1,14.2 2009-02-01,10.42921989,12.28986312,8.3,9.5,15.2 2009-03-01,10.62292529,12.56190139,8.7,9.9,15.8 2009-04-01,10.72142382,12.57696463,9,10.2,15.9 2009-05-01,10.92095275,12.85182976,9.4,10.6,16.5 2009-06-01,10.96314696,12.89374959,9.5,10.8,16.5 2009-07-01,10.80142216,12.73318232,9.5,10.8,16.4 2009-08-01,10.81480521,12.73464905,9.6,10.9,16.7 2009-09-01,10.8861333,12.74605714,9.8,11,16.7 2009-10-01,10.9993133,12.89886646,10,11.4,17.1 2009-11-01,10.85530725,12.75976819,9.9,11.2,17.1 2009-12-01,10.9189959,12.82467302,9.9,11.3,17.1 2010-01-01,10.83070245,12.63849853,9.8,11.3,16.7 2010-02-01,10.84021761,12.71771057,9.8,11.3,17 2010-03-01,10.81505124,12.75291273,9.9,11.2,17.1 2010-04-01,10.6646425,12.58339425,9.9,11.3,17.1 2010-05-01,10.55292968,12.41187067,9.6,10.9,16.6 2010-06-01,10.47693928,12.30210341,9.4,10.9,16.4 2010-07-01,10.54072302,12.37985136,9.4,11,16.4 2010-08-01,10.61141469,12.45592497,9.5,10.9,16.5 2010-09-01,10.64030304,12.53598347,9.5,10.9,16.8 2010-10-01,10.59117836,12.45123624,9.4,11,16.6 2010-11-01,10.74052967,12.57981131,9.8,11.2,16.9 2010-12-01,10.5438644,12.40586017,9.3,10.9,16.6 2011-01-01,10.45994204,12.23838926,9.1,10.8,16.2 2011-02-01,10.40546429,12.1780609,9,10.6,16 2011-03-01,10.32009273,12.13126469,9,10.4,15.9 2011-04-01,10.43909935,12.25102926,9.1,10.5,16.1 2011-05-01,10.37812933,12.17805392,9,10.3,15.8 2011-06-01,10.48396523,12.26275422,9.1,10.7,16.1 2011-07-01,10.46928538,12.23489953,9,10.6,15.9 2011-08-01,10.40544134,12.21655615,9,10.5,16.1 2011-09-01,10.36813315,12.21069252,9,10.5,16.4 2011-10-01,10.31565649,12.12546926,8.8,10.3,15.8 2011-11-01,10.24471451,11.99089573,8.6,10.1,15.5 2011-12-01,10.15869457,11.85561433,8.5,10,15.2 2012-01-01,10.04719502,11.74792128,8.3,9.9,15.2 2012-02-01,10.02530516,11.73352323,8.3,9.8,15 2012-03-01,10.02940066,11.64407056,8.2,9.6,14.5 2012-04-01,10.0307495,11.66818541,8.2,9.6,14.6 2012-05-01,9.992304593,11.67390791,8.2,9.6,14.7 2012-06-01,10.02750394,11.70344904,8.2,9.6,14.8 2012-07-01,10.03840876,11.71722985,8.2,9.6,14.8 2012-08-01,10.09941708,11.71616704,8.1,9.6,14.6 2012-09-01,9.86104902,11.57602743,7.8,9.3,14.8 2012-10-01,9.827218505,11.53260402,7.8,9.2,14.4 2012-11-01,9.890917445,11.55674668,7.7,9.2,14.4 2012-12-01,9.944111584,11.57323218,7.9,9.4,14.4 2013-01-01,10.05665795,11.6799744,8,9.4,14.6 2013-02-01,9.873355026,11.54806999,7.7,9.2,14.4 2013-03-01,9.811042866,11.38829228,7.5,8.9,13.8 2013-04-01,9.820231336,11.44862671,7.6,8.9,14 2013-05-01,9.821388124,11.43337127,7.5,8.8,13.8 2013-06-01,9.79514287,11.45194427,7.5,9.1,14.2 2013-07-01,9.638862357,11.28543007,7.3,8.7,13.8 2013-08-01,9.546684359,11.11240029,7.2,8.6,13.6 2013-09-01,9.52600351,11.10710698,7.2,8.6,13.5 2013-10-01,9.592948347,11.25799619,7.2,8.5,13.6 2013-11-01,9.391943515,10.9600299,6.9,8.2,13.1 2013-12-01,9.323412896,10.91476891,6.7,8.1,13.1 2014-01-01,9.286924505,10.72869659,6.6,8.1,12.7 2014-02-01,9.305575923,10.79045442,6.7,8,12.6 2014-03-01,9.293561511,10.79447393,6.7,7.9,12.6 2014-04-01,9.122578204,10.64230058,6.2,7.5,12.3 2014-05-01,9.191559021,10.64154904,6.3,7.6,12.2 2014-06-01,9.089620077,10.59546883,6.1,7.3,12 2014-07-01,9.129572876,10.61885812,6.2,7.5,12.1 2014-08-01,9.163246955,10.59652615,6.1,7.4,12 2014-09-01,9.065997284,10.47605031,5.9,7.3,11.7 2014-10-01,8.9221763,10.39333422,5.7,7.1,11.5 2014-11-01,8.997665133,10.3852652,5.8,7.1,11.4 2014-12-01,8.870248338,10.24768777,5.6,6.9,11.2 2015-01-01,8.907498953,10.23668299,5.7,7,11.3 2015-02-01,8.855230071,10.1947519,5.5,6.8,11 2015-03-01,8.800567537,10.12324223,5.4,6.7,10.8 2015-04-01,8.797481701,10.11706411,5.4,6.7,10.8 2015-05-01,8.755652983,10.05902779,5.6,6.7,10.9 2015-06-01,8.727803,10.00356739,5.3,6.4,10.4 2015-07-01,8.726831604,9.969822427,5.2,6.4,10.3 2015-08-01,8.554058324,9.834621717,5.1,6.2,10.2 2015-09-01,8.610672946,9.807091425,5,6.2,10 2015-10-01,8.59577187,9.803173259,5,6.2,9.8 2015-11-01,8.574112477,9.801100173,5.1,6.1,10 2015-12-01,8.503020906,9.709947682,5,6.1,9.9 2016-01-01,8.432965151,9.587494001,4.9,6.1,9.8 2016-02-01,8.431895999,9.618687458,4.9,6,9.7 2016-03-01,8.428646164,9.625018524,5,6,9.8 2016-04-01,8.48384774,9.66621688,5,6,9.7 2016-05-01,8.38809926,9.648647404,4.8,5.8,9.9 2016-06-01,8.379397293,9.508928171,4.9,6,9.5 2016-07-01,8.388018929,9.550506675,4.8,6,9.7 2016-08-01,8.369503985,9.565927763,4.9,5.9,9.6 2016-09-01,8.492526178,9.653674182,5,6,9.7 2016-10-01,8.47415711,9.696096947,4.9,5.9,9.6 2016-11-01,8.331492461,9.459917346,4.7,5.8,9.4 2016-12-01,8.322739021,9.42543342,4.7,5.7,9.2 2017-01-01,8.298016071,9.410965219,4.7,5.8,9.3 2017-02-01,8.219713895,9.324555487,4.7,5.7,9.1 2017-03-01,8.147787851,9.21905721,4.4,5.4,8.7 2017-04-01,8.107660658,9.135655645,4.4,5.3,8.6 2017-05-01,8.102443386,9.113161766,4.4,5.2,8.5 2017-06-01,8.025732987,9.048127411,4.3,5.3,8.5 2017-07-01,7.976138634,9.005408571,4.3,5.3,8.5 2017-08-01,8.094870215,9.138790011,4.4,5.3,8.6 2017-09-01,7.918204538,8.926382798,4.2,5.1,8.3 2017-10-01,7.883410949,8.875391332,4.1,5,8 2017-11-01,7.91273993,8.862038655,4.2,5,8 2017-12-01,7.906559296,8.880535333,4.1,5.1,8.1 2018-01-01,7.869870852,8.832130264,4.1,5.1,8.2 2018-02-01,7.824494155,8.827753575,4.1,5.1,8.2 2018-03-01,7.825910759,8.79158438,4,4.9,7.9 2018-04-01,7.813109963,8.762815905,3.9,4.7,7.8 2018-05-01,7.753329004,8.696813287,3.8,4.6,7.7 2018-06-01,7.787988944,8.694265236,4,4.9,7.8 2018-07-01,7.677808323,8.562953695,3.9,4.7,7.5 2018-08-01,7.77597874,8.638106691,3.8,4.7,7.4 2018-09-01,7.666998909,8.56211079,3.7,4.6,7.5 2018-10-01,7.659738457,8.580401326,3.8,4.6,7.5 2018-11-01,7.636877456,8.560522687,3.7,4.7,7.6 2018-12-01,7.682253745,8.585221923,3.9,4.8,7.6 2019-01-01,7.796990391,8.782926976,4,4.9,8.1 2019-02-01,7.674480994,8.524425171,3.8,4.7,7.3 2019-03-01,7.663823008,8.534869489,3.8,4.6,7.3 2019-04-01,7.595043438,8.488496114,3.6,4.4,7.3 2019-05-01,7.569398497,8.397176188,3.6,4.4,7.1
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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.
