Average Weekly Hours of All Employees, Financial Activities
This dataset tracks average weekly hours of all employees, financial activities over time.
Latest Value
37.60
Year-over-Year Change
0.53%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks average weekly work hours for employees in financial activities. Provides insight into labor intensity and productivity in the financial sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Measures the typical work week for financial sector employees. Indicates workforce utilization and potential economic pressures on the industry.
Methodology
Calculated through comprehensive surveys of financial sector establishments.
Historical Context
Key indicator for financial industry labor dynamics and economic health.
Key Facts
- Reflects financial industry work patterns
- Indicates workforce productivity
- Tracks labor intensity in finance
FAQs
Q: What do average weekly hours indicate?
A: Measures work intensity and potential economic pressures in the financial sector. Reflects workforce productivity.
Q: How are these hours calculated?
A: Derived from comprehensive surveys of financial sector employers tracking employee work time.
Q: Why are financial sector work hours important?
A: Provides insights into industry workload, economic conditions, and potential productivity changes.
Q: Do these hours include part-time workers?
A: Typically includes all employees, with weighted averages accounting for different employment types.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of financial sector employment hours.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees, Financial Activities (AWHAEFA), retrieved from FRED.