Average Annual Hours Worked by Persons Engaged for Netherlands
AVHWPENLA065NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,439.73
Year-over-Year Change
0.74%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Average Annual Hours Worked by Persons Engaged for Netherlands' metric tracks the average number of hours worked per year by individuals engaged in economic activity in the Netherlands.
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 statistic provides insight into labor productivity and work-life balance in the Dutch economy. It is an important indicator used by policymakers and economists to analyze trends in worker productivity and work culture.
Methodology
The data is collected through surveys of Dutch households and businesses.
Historical Context
This metric is widely referenced in policy discussions around labor laws, work-life balance, and economic competitiveness.
Key Facts
- The average annual hours worked in the Netherlands is around 1,400 hours.
- The Netherlands has one of the lowest average annual work hours among OECD countries.
- Annual work hours in the Netherlands have declined by over 200 hours since the 1980s.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average number of hours worked per year by individuals engaged in economic activity in the Netherlands.
Q: Why is this trend relevant for users or analysts?
A: This statistic provides insight into labor productivity and work-life balance in the Dutch economy, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Dutch households and businesses.
Q: How is this trend used in economic policy?
A: This metric is widely referenced in policy discussions around labor laws, work-life balance, and economic competitiveness.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, though there may be some limitations in capturing all aspects of labor force engagement.
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Citation
U.S. Federal Reserve, Average Annual Hours Worked by Persons Engaged for Netherlands (AVHWPENLA065NRUG), retrieved from FRED.