All Employees: Service-Providing in Florida
Monthly, Not Seasonally Adjusted
SMU12000000700000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,850.50
Year-over-Year Change
1.57%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Not Seasonally Adjusted series measures the average number of hours worked per week by production and nonsupervisory employees in the private sector. This trend provides important insights into labor market dynamics and productivity.
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 production and non-supervisory personnel across private industries. It is a useful measure of labor market conditions and can help analysts assess changes in worker productivity and compensation.
Methodology
The data is collected through monthly surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this series to understand the overall health of the labor market and make informed decisions about employment, wages, and economic growth.
Key Facts
- The average weekly hours worked has remained relatively stable around 34.5 hours since 2010.
- Manufacturing industries typically have the highest average weekly hours worked.
- Trends in average weekly hours can signal changes in labor demand and worker productivity.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted series tracks the average number of hours worked per week by production and nonsupervisory employees in the private sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor market dynamics, worker productivity, and overall economic conditions. It is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess the health of the labor market and make informed decisions about employment, wages, and economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 weeks. There are no significant limitations to the coverage or reliability of this series.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU12000000700000001), retrieved from FRED.