Average Weekly Hours of All Employees, Retail Trade
This dataset tracks average weekly hours of all employees, retail trade over time.
Latest Value
29.70
Year-over-Year Change
0.00%
Date Range
3/1/2006 - 7/1/2025
Summary
Measures average weekly work hours for retail trade employees nationwide. Provides insights into labor utilization and economic activity.
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
Tracks total hours worked by employees in retail sectors, indicating workforce engagement and economic conditions.
Methodology
Bureau of Labor Statistics surveys employers to calculate average weekly hours.
Historical Context
Critical indicator for understanding retail sector labor dynamics and economic health.
Key Facts
- Reflects retail sector workforce intensity
- Indicates potential economic trends
- Monthly updated employment metric
FAQs
Q: What does average weekly hours indicate?
A: Measures total hours worked by retail employees, reflecting labor demand and economic conditions.
Q: How is this data collected?
A: Bureau of Labor Statistics conducts monthly employer surveys to calculate average hours.
Q: Why are retail work hours important?
A: They signal consumer spending, economic health, and potential employment trends.
Q: Does this include part-time and full-time workers?
A: The series aggregates hours across all retail employment categories.
Q: How frequently is this data updated?
A: Monthly updates provide current snapshot of retail sector labor dynamics.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees, Retail Trade (AWHAERT), retrieved from FRED.