Average Weekly Hours of Production and Nonsupervisory Employees, Professional and Business Services
CES6000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.40
Year-over-Year Change
0.00%
Date Range
1/1/1964 - 7/1/2025
Summary
Measures average weekly work hours for production and nonsupervisory employees in professional and business services. Provides insights into labor productivity and economic conditions.
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 typical work hours in professional service sectors. Indicates workforce utilization and potential economic pressures.
Methodology
Bureau of Labor Statistics surveys establishments to calculate average weekly hours.
Historical Context
Critical indicator for understanding labor market dynamics and productivity.
Key Facts
- Reflects workforce utilization rates
- Indicates potential economic pressures
- Measures labor productivity trends
FAQs
Q: What does this series measure?
A: Average weekly work hours for production and nonsupervisory employees in professional services. Tracks labor intensity.
Q: Why are work hours important?
A: Indicates economic conditions, productivity levels, and potential workforce stress or expansion.
Q: How frequently is data collected?
A: Monthly data collection provides current insights into work hour trends.
Q: What services are included?
A: Covers professional and business services, including consulting, management, and technical roles.
Q: How can this data be used?
A: Helps economists, investors, and policymakers understand labor market dynamics and productivity.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production and Nonsupervisory Employees, Professional and Business Services (CES6000000007), retrieved from FRED.