Breaking News

U.S. Average Weekly Hours

Latest Release

Nov 01, 2024

Actual

34.3

Forecast

34.2

34.3

Average Weekly Hours (also known as Average Workweek) measures the average number of hours worked by employees on non-farm payrolls.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Importance:

Country:

Currency: USD

Source: Bureau of Labor Statistics of...

Release Date	Time	Actual	Forecast	Previous
Dec 06, 2024 (Nov)	21:30			34.3
Nov 01, 2024 (Oct)	20:30	34.3	34.2	34.3
Oct 04, 2024 (Sep)	20:30	34.2	34.3	34.3
Sep 06, 2024 (Aug)	20:30	34.3	34.3	34.2
Aug 02, 2024 (Jul)	20:30	34.2	34.3	34.3
Jul 05, 2024 (Jun)	20:30	34.3	34.3	34.3

News

Expectations for 50-point Fed rate hike in March slip after payrolls data By Investing.com - Mar 10, 2023

By Scott Kanowsky Investing.com -- Investor expectations for a return to aggressive half-point interest rate hikes by the Federal Reserve fell on Friday, data from derivatives marketplace CME showed,...

U.S. adds 311k jobs in February but earnings slow, jobless rate rises By Investing.com - Mar 10, 2023

By Geoffrey Smith Investing.com -- The U.S. economy continued to create jobs faster than most expected in February, but wage growth eased and the average worker's working hours fell, suggesting that...

U.S. Job, Earnings Growth Stayed Strong in June, Cementing Rate Hike Outlook By Investing.com - Jul 08, 2022

By Geoffrey Smith Investing.com -- The U.S. economy continued to create jobs at an impressive clip in June, making it easier for the Federal Reserve to carry on with a series of aggressive raises in...

Analysis

Labor Hoarding Delays Recession Despite Negative EPS, High Unemployment Forecast By Alfonso Peccatiello - Feb 10, 2023

Our base case remains negative EPS growth and a higher unemployment rate from May/June 2023.In other words: a recession. But what if we are wrong?Labor HoardingDuring the pandemic, companies...

Jobs Recap: Sifting Through Key Data Last Week By Mike Zaccardi, CFA, CMT - Sep 05, 2022

Market took in a handful of labor market gauges While mixed, the data generally show a still-healthy picture CPI report is in the spotlight All eyes remain on how hot the jobs market is and...

Data Preview: Key Outlooks On ISM Manufacturing Thursday And Jobs Friday By Mike Zaccardi, CFA, CMT - Aug 31, 2022

Stocks remain in a downtrend, as evidenced by the S&P 500’s recent rejection at its 200-day moving average The Fed wants to see evidence of broader cooling. Thursday’s ISM...

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