Regional Economy
Snapshot, April 2019
April 5, 2019
The most recent reports on the Fifth District economy were more sluggish.
Data & Analysis
Hornstein-Kudlyak-Lange Non-Employment Index
April 15, 2019
The NEI was 7.7 percent in March 2019, essentially unchanged from February 2019. It has declined by 0.1 percentage points since March 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 1994-04-01,9.610944264,10.7958032,6.4,7.6,11.2 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 1994-09-01,9.195911049,10.30349095,5.9,7.1,10.4 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 1995-04-01,9.016701939,10.10801712,5.8,6.7,10 1995-05-01,9.055898019,10.19209525,5.6,6.6,10 1995-06-01,8.995001517,10.1164907,5.6,6.7,10.1 1995-07-01,8.981460216,10.1170639,5.7,6.7,10.1 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 1995-11-01,8.992020976,10.12803356,5.6,6.6,10 1995-12-01,9.013490182,10.12236833,5.6,6.7,10 1996-01-01,8.984760437,10.02791712,5.6,6.8,9.8 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 1996-04-01,8.888667138,9.971512282,5.6,6.6,9.9 1996-05-01,8.901289743,9.983089466,5.6,6.5,9.7 1996-06-01,8.755787779,9.827149481,5.3,6.4,9.6 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 1996-09-01,8.612705028,9.696288044,5.2,6.2,9.4 1996-10-01,8.660754752,9.74391321,5.2,6.2,9.4 1996-11-01,8.74146737,9.749244848,5.4,6.4,9.3 1996-12-01,8.66757337,9.747525203,5.4,6.3,9.5 1997-01-01,8.664550996,9.729175187,5.3,6.4,9.4 1997-02-01,8.664632356,9.699749034,5.2,6.3,9.4 1997-03-01,8.575116902,9.586414325,5.2,6.1,9.1 1997-04-01,8.473122087,9.516764569,5.1,6,9.2 1997-05-01,8.463064764,9.461550195,4.9,5.8,8.8 1997-06-01,8.422774336,9.404894995,5,5.9,8.8 1997-07-01,8.290845198,9.304665153,4.9,5.7,8.6 1997-08-01,8.253624359,9.251374039,4.8,5.7,8.6 1997-09-01,8.330966565,9.309307149,4.9,5.8,8.7 1997-10-01,8.228932629,9.206861096,4.7,5.6,8.4 1997-11-01,8.19819789,9.171138935,4.6,5.5,8.3 1997-12-01,8.224072598,9.166933267,4.7,5.7,8.4 1998-01-01,8.143824662,9.123698853,4.6,5.6,8.4 1998-02-01,8.095499433,9.037153332,4.6,5.6,8.4 1998-03-01,8.145033114,9.083792621,4.7,5.6,8.4 1998-04-01,7.977791883,8.859614735,4.3,5.2,7.9 1998-05-01,7.99040621,8.908131587,4.4,5.2,7.9 1998-06-01,8.057905685,8.979149323,4.5,5.3,8 1998-07-01,8.116174698,9.064579055,4.5,5.4,8.1 1998-08-01,8.089483527,8.957381279,4.5,5.3,7.9 1998-09-01,8.039205964,8.878391484,4.6,5.4,7.9 1998-10-01,8.054794823,8.894335356,4.5,5.3,7.8 1998-11-01,7.957809036,8.763815142,4.4,5.2,7.6 1998-12-01,7.933308491,8.758073579,4.4,5.1,7.6 1999-01-01,7.916387449,8.760610797,4.3,5.2,7.7 1999-02-01,7.95696111,8.783525868,4.4,5.3,7.7 1999-03-01,7.906199874,8.761972546,4.2,5,7.6 1999-04-01,8.087717632,8.879671335,4.3,5.2,7.6 1999-05-01,7.923961648,8.753889902,4.2,5,7.4 1999-06-01,7.945595148,8.764250034,4.3,5.1,7.5 1999-07-01,7.892279274,8.718569753,4.3,5.1,7.5 1999-08-01,7.863965328,8.665397677,4.2,5,7.3 1999-09-01,7.8805014,8.672369253,4.2,5,7.4 1999-10-01,7.777094257,8.539791499,4.1,4.9,7.2 1999-11-01,7.747840184,8.506990113,4.1,4.8,7.1 1999-12-01,7.699584819,8.480529917,4,4.8,7.1 2000-01-01,7.643177027,8.402863604,4,4.8,7.1 2000-02-01,7.757417541,8.503598097,4.1,5,7.2 2000-03-01,7.780777723,8.54130688,4,4.8,7.1 2000-04-01,7.654798608,8.378663477,3.8,4.7,6.9 2000-05-01,7.831030816,8.617862198,4,4.8,7.1 2000-06-01,7.6737271,8.423692932,4,4.7,7 2000-07-01,7.687311913,8.442436615,4,4.8,7 2000-08-01,7.718985349,8.49291162,4.1,4.8,7.1 2000-09-01,7.682440863,8.442225129,3.9,4.7,7 2000-10-01,7.66802261,8.419949043,3.9,4.6,6.8 2000-11-01,7.702738321,8.492409248,3.9,4.7,7.1 2000-12-01,7.686830338,8.436860877,3.9,4.7,6.9 2001-01-01,7.778083296,8.556279664,4.2,5,7.3 2001-02-01,7.809855423,8.571685162,4.2,5.1,7.4 2001-03-01,7.87018386,8.633817408,4.3,5,7.3 2001-04-01,8.020654007,8.769407433,4.4,5.1,7.4 2001-05-01,8.109683944,8.923745701,4.3,5.1,7.5 2001-06-01,8.189054779,9.069696212,4.5,5.3,7.9 2001-07-01,8.143816447,8.985581,4.6,5.4,7.8 2001-08-01,8.458950474,9.272460385,4.9,5.8,8.1 2001-09-01,8.429814941,9.40920123,5,5.8,8.7 2001-10-01,8.693426,9.718704982,5.3,6.2,9.3 2001-11-01,8.781966538,9.750511708,5.5,6.4,9.4 2001-12-01,8.891885693,9.899562345,5.7,6.6,9.6 2002-01-01,8.967747606,9.904729127,5.7,6.7,9.5 2002-02-01,8.872354213,9.847910097,5.7,6.6,9.5 2002-03-01,8.856709105,9.80167735,5.7,6.6,9.4 2002-04-01,8.924221501,9.875087182,5.9,6.8,9.7 2002-05-01,8.849369314,9.803710678,5.8,6.7,9.5 2002-06-01,8.838223592,9.775086078,5.8,6.7,9.5 2002-07-01,8.855070934,9.823089614,5.8,6.8,9.6 2002-08-01,8.791330134,9.8179075,5.7,6.7,9.6 2002-09-01,8.755239178,9.747203529,5.7,6.6,9.6 2002-10-01,8.730093289,9.72209251,5.7,6.6,9.6 2002-11-01,8.871442059,9.831103005,5.9,6.8,9.7 2002-12-01,8.802635638,9.780874161,6,6.9,9.8 2003-01-01,8.849316231,9.893239401,5.8,6.9,10 2003-02-01,8.874682543,9.954547578,5.9,6.9,10.2 2003-03-01,8.986829421,10.04566085,5.9,6.9,10 2003-04-01,8.941332717,10.01470637,6,6.9,10.2 2003-05-01,9.016472772,10.06317538,6.1,7,10.1 2003-06-01,9.055296821,10.10204093,6.3,7.2,10.3 2003-07-01,9.0240988,10.08824831,6.2,7.1,10.3 2003-08-01,8.99977051,10.03794329,6.1,7.1,10.1 2003-09-01,8.987373287,10.08944618,6.1,7.1,10.4 2003-10-01,8.975132984,10.04761632,6,7,10.2 2003-11-01,8.839921068,9.903028754,5.8,6.8,10 2003-12-01,8.826702171,9.894476789,5.7,6.6,9.8 2004-01-01,8.767845178,9.829656941,5.7,6.8,9.9 2004-02-01,8.720391733,9.73004522,5.6,6.6,9.7 2004-03-01,8.846303974,9.914799161,5.8,6.8,10 2004-04-01,8.718896038,9.729483283,5.6,6.5,9.6 2004-05-01,8.711854313,9.74952162,5.6,6.6,9.6 2004-06-01,8.689002758,9.688740692,5.6,6.6,9.5 2004-07-01,8.680350183,9.681869405,5.5,6.5,9.5 2004-08-01,8.651259935,9.680782613,5.4,6.4,9.4 2004-09-01,8.634737579,9.640047635,5.4,6.4,9.4 2004-10-01,8.671657389,9.735309104,5.5,6.5,9.7 2004-11-01,8.624587799,9.6154248,5.4,6.3,9.4 2004-12-01,8.611060651,9.600080805,5.4,6.3,9.2 2005-01-01,8.561585667,9.535732586,5.3,6.4,9.3 2005-02-01,8.621780047,9.56552885,5.4,6.4,9.3 2005-03-01,8.545756123,9.525380861,5.2,6.2,9.1 2005-04-01,8.505994739,9.433064487,5.2,6.1,8.9 2005-05-01,8.427037421,9.391602663,5.1,6,8.9 2005-06-01,8.458916599,9.443780073,5,6,9 2005-07-01,8.371603078,9.346011516,5,5.9,8.8 2005-08-01,8.285735398,9.29981152,4.9,5.9,8.9 2005-09-01,8.433231995,9.468454766,5,5.9,9 2005-10-01,8.393113219,9.333335417,5,5.9,8.7 2005-11-01,8.456750748,9.363917971,5,5.9,8.7 2005-12-01,8.409980637,9.312023019,4.9,5.8,8.6 2006-01-01,8.297035183,9.197013375,4.7,5.7,8.4 2006-02-01,8.292598924,9.211210988,4.8,5.7,8.4 2006-03-01,8.189830115,9.064838659,4.7,5.6,8.2 2006-04-01,8.325245434,9.152923967,4.7,5.5,8.1 2006-05-01,8.146233011,9.050795212,4.6,5.5,8.2 2006-06-01,8.138763154,9.080254613,4.6,5.6,8.4 2006-07-01,8.198663095,9.138294394,4.7,5.7,8.5 2006-08-01,8.166266539,9.104061555,4.7,5.7,8.4 2006-09-01,8.151918542,9.068897029,4.5,5.3,8 2006-10-01,8.115095497,9.065422568,4.4,5.3,8.2 2006-11-01,8.166105785,9.058908944,4.5,5.4,8.1 2006-12-01,8.065295715,8.971401821,4.4,5.2,7.9 2007-01-01,8.141018176,9.0591989,4.6,5.6,8.4 2007-02-01,8.112332448,9.020542517,4.5,5.4,8.2 2007-03-01,7.959803183,8.883312786,4.4,5.3,8 2007-04-01,8.23974784,9.143484209,4.5,5.4,8.2 2007-05-01,8.191201627,9.161115474,4.4,5.3,8.2 2007-06-01,8.159775118,9.09130284,4.6,5.5,8.3 2007-07-01,8.17875468,9.129755687,4.7,5.5,8.4 2007-08-01,8.20598697,9.217282838,4.6,5.5,8.4 2007-09-01,8.252084718,9.248100974,4.7,5.5,8.4 2007-10-01,8.248783708,9.189870432,4.7,5.6,8.4 2007-11-01,8.167405669,9.118316014,4.7,5.5,8.4 2007-12-01,8.337892488,9.319570992,5,5.8,8.8 2008-01-01,8.351548192,9.389896072,5,6,9.2 2008-02-01,8.341010067,9.384399492,4.9,5.9,9 2008-03-01,8.459709873,9.512499141,5.1,5.9,9.1 2008-04-01,8.489255423,9.574561587,5,5.8,9.2 2008-05-01,8.643867249,9.779060514,5.4,6.3,9.7 2008-06-01,8.697798794,9.883563074,5.6,6.5,10.1 2008-07-01,8.881389584,10.16666363,5.8,6.7,10.5 2008-08-01,9.027074639,10.29923059,6.1,7.1,10.8 2008-09-01,9.114664259,10.44080672,6.1,7.1,11 2008-10-01,9.253644489,10.68272324,6.5,7.5,11.8 2008-11-01,9.505320635,11.04460956,6.8,8,12.6 2008-12-01,9.778598439,11.47931351,7.3,8.4,13.6 2009-01-01,10.21101458,11.94012085,7.8,9.1,14.2 2009-02-01,10.4292108,12.28983566,8.3,9.5,15.2 2009-03-01,10.62294317,12.56179497,8.7,9.9,15.8 2009-04-01,10.72141263,12.57694602,9,10.2,15.9 2009-05-01,10.9209594,12.85183361,9.4,10.6,16.5 2009-06-01,10.96331203,12.89415173,9.5,10.8,16.5 2009-07-01,10.80140645,12.73318163,9.5,10.8,16.4 2009-08-01,10.81475642,12.73463067,9.6,10.9,16.7 2009-09-01,10.88611842,12.74600719,9.8,11,16.7 2009-10-01,10.99924666,12.89881387,10,11.4,17.1 2009-11-01,10.85523669,12.75962627,9.9,11.2,17.1 2009-12-01,10.91898261,12.82462291,9.9,11.3,17.1 2010-01-01,10.83071869,12.6386002,9.8,11.3,16.7 2010-02-01,10.84020508,12.71761772,9.8,11.3,17 2010-03-01,10.81507248,12.75277521,9.9,11.2,17.1 2010-04-01,10.66463734,12.58330639,9.9,11.3,17.1 2010-05-01,10.55294973,12.41178466,9.6,10.9,16.6 2010-06-01,10.47716264,12.30286902,9.4,10.9,16.4 2010-07-01,10.54073742,12.37976764,9.4,11,16.4 2010-08-01,10.61140982,12.4558435,9.5,10.9,16.5 2010-09-01,10.64027265,12.53589813,9.5,10.9,16.8 2010-10-01,10.59095167,12.45128339,9.4,11,16.6 2010-11-01,10.74044433,12.57960468,9.8,11.2,16.9 2010-12-01,10.54384811,12.40573213,9.3,10.9,16.6 2011-01-01,10.45995686,12.23857195,9.1,10.8,16.2 2011-02-01,10.40546541,12.17789194,9,10.6,16 2011-03-01,10.32011697,12.13108091,9,10.4,15.9 2011-04-01,10.43908896,12.25086576,9.1,10.5,16.1 2011-05-01,10.37819946,12.17788133,9,10.3,15.8 2011-06-01,10.48426379,12.26390297,9.1,10.7,16.1 2011-07-01,10.46934229,12.23475519,9,10.6,15.9 2011-08-01,10.40559444,12.21645127,9,10.5,16.1 2011-09-01,10.36816637,12.21062769,9,10.5,16.4 2011-10-01,10.31482782,12.12565576,8.8,10.3,15.8 2011-11-01,10.2447154,11.99064483,8.6,10.1,15.5 2011-12-01,10.15873553,11.8553794,8.5,10,15.2 2012-01-01,10.04723108,11.74811551,8.3,9.9,15.2 2012-02-01,10.02533309,11.73321437,8.3,9.8,15 2012-03-01,10.02946132,11.64382428,8.2,9.6,14.5 2012-04-01,10.03075193,11.66795859,8.2,9.6,14.6 2012-05-01,9.992436695,11.6736859,8.2,9.6,14.7 2012-06-01,10.02785157,11.70482618,8.2,9.6,14.8 2012-07-01,10.03853221,11.7171009,8.2,9.6,14.8 2012-08-01,10.09970561,11.71613456,8.1,9.6,14.6 2012-09-01,9.861097123,11.5760313,7.8,9.3,14.8 2012-10-01,9.825796467,11.53295972,7.8,9.2,14.4 2012-11-01,9.89096034,11.55658744,7.7,9.2,14.4 2012-12-01,9.944192984,11.57303188,7.9,9.4,14.4 2013-01-01,10.05672934,11.67948687,8,9.4,14.6 2013-02-01,9.873424492,11.54780024,7.7,9.2,14.4 2013-03-01,9.811160292,11.38805441,7.5,8.9,13.8 2013-04-01,9.820236076,11.44830289,7.6,8.9,14 2013-05-01,9.821689282,11.43302908,7.5,8.8,13.8 2013-06-01,9.795629176,11.45393987,7.5,9.1,14.2 2013-07-01,9.639203606,11.28518786,7.3,8.7,13.8 2013-08-01,9.547233718,11.11221178,7.2,8.6,13.6 2013-09-01,9.525894326,11.10765677,7.2,8.6,13.5 2013-10-01,9.590447852,11.25842873,7.2,8.5,13.6 2013-11-01,9.391916346,10.95970119,6.9,8.2,13.1 2013-12-01,9.323440592,10.91445804,6.7,8.1,13.1 2014-01-01,9.287024428,10.72758186,6.6,8.1,12.7 2014-02-01,9.305763315,10.7902154,6.7,8,12.6 2014-03-01,9.293862763,10.79431308,6.7,7.9,12.6 2014-04-01,9.122755826,10.64203853,6.2,7.5,12.3 2014-05-01,9.192182141,10.64125784,6.3,7.6,12.2 2014-06-01,9.09051802,10.59807304,6.1,7.3,12 2014-07-01,9.130423737,10.6186851,6.2,7.5,12.1 2014-08-01,9.164027072,10.59625113,6.1,7.4,12 2014-09-01,9.065307874,10.47690599,5.9,7.3,11.7 2014-10-01,8.918542484,10.39346275,5.7,7.1,11.5 2014-11-01,8.996833599,10.38441921,5.8,7.1,11.4 2014-12-01,8.86984334,10.24707785,5.6,6.9,11.2 2015-01-01,8.907693754,10.23490723,5.7,7,11.3 2015-02-01,8.855832003,10.19478443,5.5,6.8,11 2015-03-01,8.801316618,10.12333376,5.4,6.7,10.8 2015-04-01,8.798121298,10.11712186,5.4,6.7,10.8 2015-05-01,8.756977782,10.05920445,5.6,6.7,10.9 2015-06-01,8.729705481,10.00708561,5.3,6.4,10.4 2015-07-01,8.728326296,9.969295819,5.2,6.4,10.3 2015-08-01,8.555243558,9.834677147,5.1,6.2,10.2 2015-09-01,8.608985087,9.808117704,5,6.2,10 2015-10-01,8.590089882,9.802312778,5,6.2,9.8 2015-11-01,8.571560025,9.799111668,5.1,6.1,10 2015-12-01,8.501528138,9.708727074,5,6.1,9.9 2016-01-01,8.433207026,9.585525429,4.9,6.1,9.8 2016-02-01,8.433664256,9.619065867,4.9,6,9.7 2016-03-01,8.432813709,9.626929936,5,6,9.8 2016-04-01,8.48366673,9.668778194,5,6,9.7 2016-05-01,8.38917668,9.6454931,4.8,5.8,9.9 2016-06-01,8.382321479,9.513116209,4.9,6,9.5 2016-07-01,8.390045612,9.549800673,4.8,6,9.7 2016-08-01,8.370952587,9.566640008,4.9,5.9,9.6 2016-09-01,8.489730695,9.654649936,5,6,9.7 2016-10-01,8.466854449,9.694272524,4.9,5.9,9.6 2016-11-01,8.326906445,9.456981855,4.7,5.8,9.4 2016-12-01,8.319957794,9.423668011,4.7,5.7,9.2 2017-01-01,8.298315586,9.408672696,4.7,5.8,9.3 2017-02-01,8.222821612,9.325454194,4.7,5.7,9.1 2017-03-01,8.155856921,9.223089992,4.4,5.4,8.7 2017-04-01,8.106675769,9.141060489,4.4,5.3,8.6 2017-05-01,8.102755824,9.105833977,4.4,5.2,8.5 2017-06-01,8.02951147,9.053083743,4.3,5.3,8.5 2017-07-01,7.978454394,9.004274197,4.3,5.3,8.5 2017-08-01,8.096561277,9.140055334,4.4,5.3,8.6 2017-09-01,7.914680804,8.927423809,4.2,5.1,8.3 2017-10-01,7.875244463,8.872977704,4.1,5,8 2017-11-01,7.90671744,8.858505523,4.2,5,8 2017-12-01,7.902824064,8.878529244,4.1,5.1,8.1 2018-01-01,7.870260037,8.830242702,4.1,5.1,8.2 2018-02-01,7.828873908,8.829166191,4.1,5.1,8.2 2018-03-01,7.838164318,8.797989062,4,4.9,7.9 2018-04-01,7.809494042,8.770612206,3.9,4.7,7.8 2018-05-01,7.752882211,8.682936972,3.8,4.6,7.7 2018-06-01,7.792098679,8.699902958,4,4.9,7.8 2018-07-01,7.680259878,8.561917759,3.9,4.7,7.5 2018-08-01,7.777714588,8.639640425,3.8,4.7,7.4 2018-09-01,7.663258305,8.56350286,3.7,4.6,7.5 2018-10-01,7.651367784,8.578058306,3.8,4.6,7.5 2018-11-01,7.63033661,8.556859279,3.7,4.7,7.6 2018-12-01,7.678174833,8.5829416,3.9,4.8,7.6 2019-01-01,7.797491211,8.78118474,4,4.9,8.1 2019-02-01,7.679427372,8.525898466,3.8,4.7,7.3 2019-03-01,7.677465914,8.541869758,3.8,4.6,7.3
Careers at the Fed
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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.
