Average Weekly Hours of All Employees, Goods-Producing : 39.8 (As of 2024-08-01)
Basic Info
Average Weekly Hours of All Employees, Goods-Producing was 39.8 as of 2024-08-01, according to U.S. Bureau of Labor Statistics. Historically, Average Weekly Hours of All Employees, Goods-Producing reached a record high of 40.7 and a record low of 38.1, the median value is 40. Typical value range is from 39.8 to 40.5. The Year-Over-Year growth is -0.25%. GuruFocus provides the current actual value, an historical data chart and related indicators for Average Weekly Hours of All Employees, Goods-Producing - last updated on 2024-08-01.
Monthly , seasonally adjusted . 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 workweek of component industries. Average weekly hours are the total weekly hours divided by the employees paid for those hours. The series comes from the 'Current Employment Statistics (Establishment Survey).' The source code is: CES0600000002
| Category | Population, Employment, & Labor Markets |
| Region | USA |
| Source | U.S. Bureau of Labor Statistics |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 39.8 | ||
| Latest Period | 2024-08-01 | ||
| Long Term Average | 40.13 | ||
| Average Annualized Growth Rate | +0.1% | ||
| Value from 1 year ago | 39.9 | ||
| Change from 1 year ago | -0.25% | ||
| Frequency | Daily | ||
| Unit | Hours | ||
| Download Source | source link |
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