Average Weekly Hours of All Employees: Information in Pennsylvania
SMU42000005000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.10
Year-over-Year Change
10.38%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Information in Pennsylvania trend measures the average number of hours worked per week by information sector employees in the state of Pennsylvania. This metric is a key indicator of labor market conditions and productivity in the information industry.
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 all employees in the information sector within the state of Pennsylvania. The information sector includes businesses focused on publishing, telecommunications, data processing, and other information-related activities. Economists and policymakers use this data to assess labor market trends and productivity in a critical industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in average weekly hours can signal shifts in economic activity, labor demand, and business operations within Pennsylvania's information sector.
Key Facts
- The information sector accounts for over 250,000 jobs in Pennsylvania.
- Average weekly hours peaked at 38.4 in January 2020 before the COVID-19 pandemic.
- The information sector saw a decline in average weekly hours during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by all employees in the information sector within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: Changes in average weekly hours in the information sector can provide insights into labor market conditions, productivity, and overall economic activity in Pennsylvania.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess labor market trends and productivity in Pennsylvania's critical information industry, which can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay, and may be subject to revisions based on updated survey responses.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Information in Pennsylvania (SMU42000005000000002), retrieved from FRED.