Average Weekly Hours of All Employees: Education and Health Services: Private Education and Health Services in Mississippi
SMU28000006500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
-4.23%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average weekly hours worked by all employees in the private education and health services industry in Mississippi. It provides insights into labor market conditions and productivity in this key economic 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
The Average Weekly Hours of All Employees metric tracks the average number of hours per week worked by all employees, including full-time and part-time, in the private education and health services industry within Mississippi. This data point is a important indicator of economic activity and labor market trends in this industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers and economists to assess the health of the education and healthcare industries in Mississippi.
Key Facts
- The series began in January 2007.
- The all-time high was 33.7 hours in May 2019.
- The all-time low was 31.3 hours in April 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours per week worked by all employees, including full-time and part-time, in the private education and health services industry in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market conditions and productivity in a key economic sector, which is important for policymakers and economists monitoring the health of the education and healthcare industries in Mississippi.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and economists to assess the health of the education and healthcare industries in Mississippi and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Education and Health Services: Private Education and Health Services in Mississippi (SMU28000006500000002), retrieved from FRED.