Average Weekly Hours of Production and Nonsupervisory Employees, Total
Labor · FRED/Treasury · AWHNONAG
What this measures. Average weekly hours relate to the average hours per worker for which pay was received and is different from standard or scheduled hours. Factors such as unpaid absenteeism, labor turnover, part-time work, and stoppages cause average weekly hours to be lower than scheduled hours of work for an establishment. Group averages further reflect changes in the…
The latest reading sits at HIGH relative to this series' own history (737 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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