Regional Economy
Snapshot, October 2018
Snapshot
Oct. 5, 2018
Reports on the Fifth District economy were upbeat in recent months.
Data & Analysis
Non-Employment Index, September 2018
October 16, 2018
The NEI was 7.7 percent in September 2018, edging down from August 2018. It has declined by 0.3 percentage points since September 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) 1994-01-01,10.04882773,11.11560967,6.6,8.1,11.8 1994-02-01,9.878808703,11.03933642,6.6,7.9,11.4 1994-03-01,9.776793255,10.98751741,6.5,7.7,11.4 1994-04-01,9.6468093,10.82419165,6.4,7.6,11.2 1994-05-01,9.400411171,10.6482228,6.1,7.2,10.8 1994-06-01,9.430086964,10.63715517,6.1,7.3,10.9 1994-07-01,9.369132297,10.52586284,6.1,7.3,10.7 1994-08-01,9.313192669,10.43039752,6,7.2,10.5 1994-09-01,9.226412712,10.33435251,5.9,7.1,10.4 1994-10-01,9.14954845,10.28803116,5.8,6.9,10.3 1994-11-01,9.053952704,10.19948763,5.6,6.7,10.1 1994-12-01,8.968548503,10.08577758,5.5,6.7,10 1995-01-01,8.985998296,10.18000772,5.6,6.8,10.2 1995-02-01,8.917913109,10.00287606,5.4,6.6,9.9 1995-03-01,8.957577383,10.05735091,5.4,6.6,9.9 1995-04-01,9.050166606,10.13520357,5.8,6.7,10 1995-05-01,9.059242184,10.21730409,5.6,6.6,10 1995-06-01,9.029256278,10.14608782,5.6,6.7,10.1 1995-07-01,9.013038182,10.14508555,5.7,6.7,10.1 1995-08-01,9.049606112,10.19363131,5.7,6.7,10 1995-09-01,9.042427316,10.19153576,5.6,6.7,10.1 1995-10-01,9.034527762,10.15497271,5.5,6.6,9.9 1995-11-01,9.024295489,10.1559168,5.6,6.6,10 1995-12-01,9.04148336,10.15042762,5.6,6.7,10 1996-01-01,9.011179933,10.05364897,5.6,6.8,9.8 1996-02-01,8.990603176,10.07790324,5.5,6.7,10 1996-03-01,8.92752825,10.02025529,5.5,6.6,9.8 1996-04-01,8.921406684,9.999872858,5.6,6.6,9.9 1996-05-01,8.911283487,10.00843557,5.6,6.5,9.7 1996-06-01,8.787964968,9.857245906,5.3,6.4,9.6 1996-07-01,8.792022948,9.89675212,5.5,6.5,9.7 1996-08-01,8.704674769,9.80328226,5.1,6.1,9.3 1996-09-01,8.643311749,9.72650307,5.2,6.2,9.4 1996-10-01,8.689253985,9.771848194,5.2,6.2,9.4 1996-11-01,8.773210779,9.77753881,5.4,6.4,9.3 1996-12-01,8.695217455,9.775464575,5.4,6.3,9.5 1997-01-01,8.691257365,9.753697967,5.3,6.4,9.4 1997-02-01,8.691885715,9.729248884,5.2,6.3,9.4 1997-03-01,8.6042051,9.613023848,5.2,6.1,9.1 1997-04-01,8.504377602,9.546334713,5.1,6,9.2 1997-05-01,8.480555598,9.488318364,4.9,5.8,8.8 1997-06-01,8.452357817,9.434364183,5,5.9,8.8 1997-07-01,8.318994872,9.33200547,4.9,5.7,8.6 1997-08-01,8.28189485,9.27952639,4.8,5.7,8.6 1997-09-01,8.3613444,9.339437793,4.9,5.8,8.7 1997-10-01,8.257720108,9.235516232,4.7,5.6,8.4 1997-11-01,8.228764839,9.199008578,4.6,5.5,8.3 1997-12-01,8.251626696,9.195056006,4.7,5.7,8.4 1998-01-01,8.170679751,9.146993323,4.6,5.6,8.4 1998-02-01,8.12230223,9.065324606,4.6,5.6,8.4 1998-03-01,8.172850585,9.109930714,4.7,5.6,8.4 1998-04-01,8.00778505,8.890321219,4.3,5.2,7.9 1998-05-01,8.013696227,8.93553693,4.4,5.2,7.9 1998-06-01,8.084749444,9.00729381,4.5,5.3,8 1998-07-01,8.143800005,9.092466501,4.5,5.4,8.1 1998-08-01,8.116989751,8.985138183,4.5,5.3,7.9 1998-09-01,8.068471286,8.907004114,4.6,5.4,7.9 1998-10-01,8.081917617,8.921559898,4.5,5.3,7.8 1998-11-01,7.98694895,8.791436612,4.4,5.2,7.6 1998-12-01,7.959853388,8.785197746,4.4,5.1,7.6 1999-01-01,7.944528065,8.78436995,4.3,5.2,7.7 1999-02-01,7.98420873,8.811535999,4.4,5.3,7.7 1999-03-01,7.934631165,8.788814524,4.2,5,7.6 1999-04-01,8.118888284,8.912878739,4.3,5.2,7.6 1999-05-01,7.949104457,8.782170669,4.2,5,7.4 1999-06-01,7.973701296,8.793357073,4.3,5.1,7.5 1999-07-01,7.919598436,8.746250025,4.3,5.1,7.5 1999-08-01,7.891227058,8.69298737,4.2,5,7.3 1999-09-01,7.909192953,8.700468655,4.2,5,7.4 1999-10-01,7.804243541,8.566799611,4.1,4.9,7.2 1999-11-01,7.776042289,8.534562695,4.1,4.8,7.1 1999-12-01,7.726610802,8.507946773,4,4.8,7.1 2000-01-01,7.670742976,8.425855535,4,4.8,7.1 2000-02-01,7.78504744,8.531796494,4.1,5,7.2 2000-03-01,7.809538323,8.56916521,4,4.8,7.1 2000-04-01,7.68422879,8.410366626,3.8,4.7,6.9 2000-05-01,7.856720869,8.645845992,4,4.8,7.1 2000-06-01,7.700484436,8.451240748,4,4.7,7 2000-07-01,7.71469587,8.47022582,4,4.8,7 2000-08-01,7.74527957,8.519460961,4.1,4.8,7.1 2000-09-01,7.710817092,8.46995315,3.9,4.7,7 2000-10-01,7.695616845,8.447051252,3.9,4.6,6.8 2000-11-01,7.730440141,8.520255129,3.9,4.7,7.1 2000-12-01,7.714773114,8.465114156,3.9,4.7,6.9 2001-01-01,7.80635205,8.579656184,4.2,5,7.3 2001-02-01,7.837771629,8.600353018,4.2,5.1,7.4 2001-03-01,7.897258784,8.660484658,4.3,5,7.3 2001-04-01,8.049558955,8.801140941,4.4,5.1,7.4 2001-05-01,8.137200499,8.952809534,4.3,5.1,7.5 2001-06-01,8.217733495,9.09907889,4.5,5.3,7.9 2001-07-01,8.172748672,9.014746538,4.6,5.4,7.8 2001-08-01,8.489693826,9.303129069,4.9,5.8,8.1 2001-09-01,8.459152313,9.438201586,5,5.8,8.7 2001-10-01,8.722855004,9.747111977,5.3,6.2,9.3 2001-11-01,8.810924927,9.779538675,5.5,6.4,9.4 2001-12-01,8.921056764,9.928885478,5.7,6.6,9.6 2002-01-01,8.998855353,9.931687858,5.7,6.7,9.5 2002-02-01,8.900950431,9.877336352,5.7,6.6,9.5 2002-03-01,8.885273107,9.830461866,5.7,6.6,9.4 2002-04-01,8.953935543,9.90732422,5.9,6.8,9.7 2002-05-01,8.877334237,9.832431325,5.8,6.7,9.5 2002-06-01,8.867098472,9.80461032,5.8,6.7,9.5 2002-07-01,8.884454696,9.852626771,5.8,6.8,9.6 2002-08-01,8.820237285,9.846616386,5.7,6.7,9.6 2002-09-01,8.78414538,9.775767309,5.7,6.6,9.6 2002-10-01,8.758700438,9.749498439,5.7,6.6,9.6 2002-11-01,8.900193848,9.860085807,5.9,6.8,9.7 2002-12-01,8.831131646,9.809335359,6,6.9,9.8 2003-01-01,8.878370871,9.919796814,5.8,6.9,10 2003-02-01,8.903646485,9.984572126,5.9,6.9,10.2 2003-03-01,9.016804105,10.07588579,5.9,6.9,10 2003-04-01,8.97000645,10.04494545,6,6.9,10.2 2003-05-01,9.045130062,10.0921866,6.1,7,10.1 2003-06-01,9.084463567,10.13162414,6.3,7.2,10.3 2003-07-01,9.053749099,10.11791816,6.2,7.1,10.3 2003-08-01,9.029495683,10.06741177,6.1,7.1,10.1 2003-09-01,9.016495348,10.11827134,6.1,7.1,10.4 2003-10-01,9.004858953,10.07608357,6,7,10.2 2003-11-01,8.868474151,9.93192667,5.8,6.8,10 2003-12-01,8.856215494,9.923692954,5.7,6.6,9.8 2004-01-01,8.797433473,9.85854826,5.7,6.8,9.9 2004-02-01,8.750529696,9.76114258,5.6,6.6,9.7 2004-03-01,8.87629616,9.945165325,5.8,6.8,10 2004-04-01,8.749376037,9.760059133,5.6,6.5,9.6 2004-05-01,8.742569651,9.780424505,5.6,6.6,9.6 2004-06-01,8.719190212,9.719136865,5.6,6.6,9.5 2004-07-01,8.710780186,9.712202798,5.5,6.5,9.5 2004-08-01,8.680956581,9.710300233,5.4,6.4,9.4 2004-09-01,8.665496408,9.670620293,5.4,6.4,9.4 2004-10-01,8.7017873,9.764415005,5.5,6.5,9.7 2004-11-01,8.654286204,9.64578658,5.4,6.3,9.4 2004-12-01,8.641167761,9.630003973,5.4,6.3,9.2 2005-01-01,8.591980437,9.565774232,5.3,6.4,9.3 2005-02-01,8.652157603,9.59690261,5.4,6.4,9.3 2005-03-01,8.576211009,9.556069059,5.2,6.2,9.1 2005-04-01,8.537010019,9.463847914,5.2,6.1,8.9 2005-05-01,8.457244008,9.421812759,5.1,6,8.9 2005-06-01,8.489800625,9.474603593,5,6,9 2005-07-01,8.402294359,9.376567919,5,5.9,8.8 2005-08-01,8.316275115,9.330300904,4.9,5.9,8.9 2005-09-01,8.464506399,9.499606511,5,5.9,9 2005-10-01,8.42402117,9.363456884,5,5.9,8.7 2005-11-01,8.486631671,9.394626777,5,5.9,8.7 2005-12-01,8.442117897,9.344056383,4.9,5.8,8.6 2006-01-01,8.329109741,9.228992761,4.7,5.7,8.4 2006-02-01,8.323317478,9.242604268,4.8,5.7,8.4 2006-03-01,8.220541366,9.095756156,4.7,5.6,8.2 2006-04-01,8.356493076,9.183806412,4.7,5.5,8.1 2006-05-01,8.177173013,9.081700776,4.6,5.5,8.2 2006-06-01,8.170216589,9.111605505,4.6,5.6,8.4 2006-07-01,8.22964025,9.169028509,4.7,5.7,8.5 2006-08-01,8.196781706,9.134614081,4.7,5.7,8.4 2006-09-01,8.183350027,9.100276658,4.5,5.3,8 2006-10-01,8.147674725,9.097339996,4.4,5.3,8.2 2006-11-01,8.196856361,9.090540399,4.5,5.4,8.1 2006-12-01,8.096894321,9.002893387,4.4,5.2,7.9 2007-01-01,8.172496654,9.09062686,4.6,5.6,8.4 2007-02-01,8.14429436,9.052893316,4.5,5.4,8.2 2007-03-01,7.991753563,8.91552229,4.4,5.3,8 2007-04-01,8.27289985,9.176327227,4.5,5.4,8.2 2007-05-01,8.224295067,9.194275412,4.4,5.3,8.2 2007-06-01,8.191131752,9.122486517,4.6,5.5,8.3 2007-07-01,8.210771556,9.161451,4.7,5.5,8.4 2007-08-01,8.238856628,9.250235205,4.6,5.5,8.4 2007-09-01,8.284109337,9.280027787,4.7,5.5,8.4 2007-10-01,8.280545808,9.22109277,4.7,5.6,8.4 2007-11-01,8.198135326,9.149443568,4.7,5.5,8.4 2007-12-01,8.369713028,9.351487992,5,5.8,8.8 2008-01-01,8.384113073,9.422631616,5,6,9.2 2008-02-01,8.374145913,9.417772396,4.9,5.9,9 2008-03-01,8.492566225,9.545862888,5.1,5.9,9.1 2008-04-01,8.522847117,9.607935884,5,5.8,9.2 2008-05-01,8.67559213,9.810958242,5.4,6.3,9.7 2008-06-01,8.730407795,9.915985005,5.6,6.5,10.1 2008-07-01,8.913755541,10.1986433,5.8,6.7,10.5 2008-08-01,9.059440043,10.3315212,6.1,7.1,10.8 2008-09-01,9.146867491,10.4725158,6.1,7.1,11 2008-10-01,9.285476337,10.71381484,6.5,7.5,11.8 2008-11-01,9.537434575,11.07644468,6.8,8,12.6 2008-12-01,9.810660597,11.51189702,7.3,8.4,13.6 2009-01-01,10.24310187,11.97303991,7.8,9.1,14.2 2009-02-01,10.46060896,12.32198991,8.3,9.5,15.2 2009-03-01,10.65470153,12.59451832,8.7,9.9,15.8 2009-04-01,10.75289824,12.60821467,9,10.2,15.9 2009-05-01,10.95249038,12.88344907,9.4,10.6,16.5 2009-06-01,10.99547815,12.92606604,9.5,10.8,16.5 2009-07-01,10.83336896,12.76448472,9.5,10.8,16.4 2009-08-01,10.84521298,12.76421617,9.6,10.9,16.7 2009-09-01,10.91627591,12.77490246,9.8,11,16.7 2009-10-01,11.02908003,12.9273901,10,11.4,17.1 2009-11-01,10.88429608,12.78694151,9.9,11.2,17.1 2009-12-01,10.94895378,12.85481071,9.9,11.3,17.1 2010-01-01,10.85905773,12.67309561,9.8,11.3,16.7 2010-02-01,10.86887609,12.74661252,9.8,11.3,17 2010-03-01,10.84240183,12.78105421,9.9,11.2,17.1 2010-04-01,10.69162456,12.60985109,9.9,11.3,17.1 2010-05-01,10.58050702,12.43904482,9.6,10.9,16.6 2010-06-01,10.50715685,12.33218068,9.4,10.9,16.4 2010-07-01,10.57027063,12.40786598,9.4,11,16.4 2010-08-01,10.64000627,12.48235359,9.5,10.9,16.5 2010-09-01,10.66951414,12.56311824,9.5,10.9,16.8 2010-10-01,10.61916454,12.47792843,9.4,11,16.6 2010-11-01,10.76857201,12.60461664,9.8,11.2,16.9 2010-12-01,10.57302366,12.43353564,9.3,10.9,16.6 2011-01-01,10.49011609,12.28414574,9.1,10.8,16.2 2011-02-01,10.43629164,12.20753054,9,10.6,16 2011-03-01,10.35052955,12.16151826,9,10.4,15.9 2011-04-01,10.47041206,12.28141701,9.1,10.5,16.1 2011-05-01,10.40966396,12.20847628,9,10.3,15.8 2011-06-01,10.51799528,12.29620082,9.1,10.7,16.1 2011-07-01,10.50221882,12.26545063,9,10.6,15.9 2011-08-01,10.43749521,12.24489787,9,10.5,16.1 2011-09-01,10.39764451,12.23716403,9,10.5,16.4 2011-10-01,10.34445753,12.15378277,8.8,10.3,15.8 2011-11-01,10.27639985,12.01806348,8.6,10.1,15.5 2011-12-01,10.19019906,11.88420001,8.5,10,15.2 2012-01-01,10.07953457,11.80453062,8.3,9.9,15.2 2012-02-01,10.05721475,11.76254394,8.3,9.8,15 2012-03-01,10.06176582,11.67516289,8.2,9.6,14.5 2012-04-01,10.06303188,11.69888675,8.2,9.6,14.6 2012-05-01,10.02588831,11.70568209,8.2,9.6,14.7 2012-06-01,10.06132905,11.73647885,8.2,9.6,14.8 2012-07-01,10.07178753,11.74770217,8.2,9.6,14.8 2012-08-01,10.13521859,11.74694588,8.1,9.6,14.6 2012-09-01,9.895344908,11.60664384,7.8,9.3,14.8 2012-10-01,9.856432964,11.56206431,7.8,9.2,14.4 2012-11-01,9.92408093,11.58496288,7.7,9.2,14.4 2012-12-01,9.977683724,11.60247159,7.9,9.4,14.4 2013-01-01,10.08938737,11.74448262,8,9.4,14.6 2013-02-01,9.907299269,11.57765031,7.7,9.2,14.4 2013-03-01,9.845820585,11.42044541,7.5,8.9,13.8 2013-04-01,9.853855443,11.48030962,7.6,8.9,14 2013-05-01,9.856145036,11.4648558,7.5,8.8,13.8 2013-06-01,9.830333787,11.48844271,7.5,9.1,14.2 2013-07-01,9.673543391,11.31634253,7.3,8.7,13.8 2013-08-01,9.582800148,11.14270898,7.2,8.6,13.6 2013-09-01,9.55892584,11.13409039,7.2,8.6,13.5 2013-10-01,9.6215599,11.28927409,7.2,8.5,13.6 2013-11-01,9.426148797,10.98955241,6.9,8.2,13.1 2013-12-01,9.358578093,10.94511527,6.7,8.1,13.1 2014-01-01,9.322150867,10.79600443,6.6,8.1,12.7 2014-02-01,9.340850221,10.82110792,6.7,8,12.7 2014-03-01,9.328525757,10.82630184,6.7,8,12.7 2014-04-01,9.156760153,10.67457331,6.3,7.5,12.3 2014-05-01,9.228123055,10.67405404,6.3,7.5,12.1 2014-06-01,9.126426337,10.63543384,6.1,7.3,12 2014-07-01,9.166245807,10.65060427,6.2,7.5,12.1 2014-08-01,9.20187415,10.6290852,6.2,7.4,11.9 2014-09-01,9.099396838,10.50181883,5.9,7.3,11.7 2014-10-01,8.949907266,10.42548747,5.7,7,11.5 2014-11-01,9.033539438,10.41780038,5.8,7,11.4 2014-12-01,8.906882948,10.28027747,5.6,6.9,11.2 2015-01-01,8.944294007,10.30300752,5.7,7,11.3 2015-02-01,8.892838683,10.22832259,5.5,6.8,11 2015-03-01,8.838662365,10.15850519,5.5,6.7,10.9 2015-04-01,8.833119229,10.15157921,5.4,6.7,10.9 2015-05-01,8.792910004,10.09159372,5.5,6.6,10.8 2015-06-01,8.766446466,10.04611456,5.3,6.4,10.4 2015-07-01,8.765117201,10.00306544,5.2,6.4,10.3 2015-08-01,8.59125653,9.865495463,5.1,6.2,10.2 2015-09-01,8.643592402,9.828560918,5,6.2,10 2015-10-01,8.621515716,9.836070423,5,6.2,9.8 2015-11-01,8.60516808,9.830975508,5,6.1,9.9 2015-12-01,8.541272818,9.746427421,5,6.1,9.9 2016-01-01,8.471677867,9.649083746,4.9,6.2,9.9 2016-02-01,8.469389231,9.652990262,4.9,6,9.7 2016-03-01,8.46857438,9.664301079,5,6.1,9.8 2016-04-01,8.517673102,9.702933394,5,6,9.8 2016-05-01,8.425175682,9.677942687,4.7,5.7,9.8 2016-06-01,8.417376707,9.550083436,4.9,6,9.5 2016-07-01,8.425990487,9.584040859,4.9,6,9.7 2016-08-01,8.40396337,9.593561783,4.9,5.9,9.6 2016-09-01,8.523051125,9.66938539,5,6,9.7 2016-10-01,8.498124967,9.727975057,4.9,5.9,9.6 2016-11-01,8.357503707,9.486931721,4.6,5.8,9.3 2016-12-01,8.366244827,9.468876426,4.7,5.7,9.1 2017-01-01,8.337852315,9.469625429,4.8,5.8,9.4 2017-02-01,8.257258885,9.359428373,4.7,5.7,9.2 2017-03-01,8.19087538,9.263856161,4.5,5.4,8.8 2017-04-01,8.1402844,9.175500904,4.4,5.3,8.6 2017-05-01,8.137780988,9.137133669,4.3,5.2,8.4 2017-06-01,8.063477333,9.088976479,4.3,5.3,8.5 2017-07-01,8.013136654,9.038949966,4.3,5.3,8.5 2017-08-01,8.128264017,9.164909079,4.4,5.4,8.6 2017-09-01,7.947512432,8.937880096,4.2,5.1,8.3 2017-10-01,7.905279438,8.90527055,4.1,5,8 2017-11-01,7.931047365,8.88149215,4.1,5,8 2017-12-01,7.956108028,8.930267711,4.1,5.1,8.1 2018-01-01,7.913060607,8.892672913,4.1,5.1,8.2 2018-02-01,7.860537606,8.862357127,4.1,5.1,8.2 2018-03-01,7.870180598,8.839904926,4.1,4.9,8 2018-04-01,7.841151326,8.803109038,3.9,4.7,7.8 2018-05-01,7.786760414,8.712885383,3.8,4.6,7.6 2018-06-01,7.824634469,8.734638692,4,4.9,7.8 2018-07-01,7.713507621,8.595257839,3.9,4.8,7.5 2018-08-01,7.808743095,8.663816984,3.9,4.7,7.4 2018-09-01,7.695218094,8.571507459,3.7,4.6,7.5
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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.
