Federal Reserve Economic Data

Average Weekly Hours of All Employees, Financial Activities (CEU5500000002)

Observation:

Oct 2024: 37.2 (+ more)   Updated: Nov 1, 2024 7:49 AM CDT
Oct 2024:  37.2  
Sep 2024:  38.2  
Aug 2024:  37.2  
Jul 2024:  37.0  
Jun 2024:  38.1  
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Units:

Hours,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Hours, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

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: CEU5500000002

Suggested Citation:

U.S. Bureau of Labor Statistics, Average Weekly Hours of All Employees, Financial Activities [CEU5500000002], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CEU5500000002, .

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