Average Weekly Hours of All Employees: Total Private in Oregon
SMU41000000500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.10
Year-over-Year Change
-1.78%
Date Range
1/1/2007 - 7/1/2025
Summary
The 'Average Weekly Hours of All Employees: Total Private in Oregon' trend measures the average number of hours worked per week by private sector employees in the state of Oregon. This metric is a key indicator of economic activity and labor market 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
This economic indicator tracks the average weekly hours worked by private industry employees in Oregon. It provides insights into labor utilization, production capacity, and overall economic health within the state.
Methodology
The data is collected through monthly surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the strength of Oregon's private sector labor market and make informed decisions.
Key Facts
- Oregon's average weekly private sector hours have ranged from 39.2 to 41.5 since 2010.
- The trend reached a low of 38.4 hours during the 2008-2009 recession.
- Manufacturing workers in Oregon typically work the most hours per week on average.
FAQs
Q: What does this economic trend measure?
A: The 'Average Weekly Hours of All Employees: Total Private in Oregon' trend measures the average number of hours worked per week by private sector employees in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor utilization, production capacity, and overall economic health within Oregon's private sector, making it a key indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of Oregon's private sector labor market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Total Private in Oregon (SMU41000000500000002), retrieved from FRED.