Average Weekly Hours of All Employees: Information in North Carolina
SMU37000005000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.50
Year-over-Year Change
2.39%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average weekly hours worked by all employees in the information industry in North Carolina. It provides insight into labor market conditions and productivity in this important 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: Information in North Carolina tracks the average number of hours worked per week by workers in the information industry, which includes publishing, telecommunications, data processing, and other technology-related services. This metric helps economists and policymakers assess labor market dynamics and productivity trends in North Carolina's information economy.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic and workforce development policies in North Carolina.
Key Facts
- North Carolina's information industry accounts for over 200,000 jobs.
- The average workweek in this sector is typically longer than the overall state average.
- Trends in average weekly hours can signal changes in labor demand and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in North Carolina's information industry, which includes sectors like publishing, telecommunications, and data processing.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market conditions and productivity trends in an important sector of North Carolina's economy, helping inform economic and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in average weekly hours in the information industry are used to inform economic and workforce development policies in North Carolina.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the U.S. Bureau of Labor Statistics employment surveys.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Information in North Carolina (SMU37000005000000002), retrieved from FRED.