Average Hourly Earnings of Production Employees: Manufacturing in Hawaii
Monthly
SMU15000003000000008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.89
Year-over-Year Change
0.57%
Date Range
1/1/2001 - 7/1/2025
Summary
The Monthly Trend measures the average number of hours worked per week by all employees in the United States. This key labor market indicator provides insights into the strength and utilization of the workforce.
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 Monthly Trend tracks the average number of hours worked per week across all nonfarm payroll employees in the U.S. It is a widely-followed economic indicator that reflects the health and productivity of the labor market.
Methodology
This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor this trend to assess labor market conditions and make informed decisions.
Key Facts
- The average work week was 34.5 hours in 2022.
- Manufacturing employees worked an average of 40.4 hours per week.
- The longest average work week on record was 41.1 hours in 1944.
FAQs
Q: What does this economic trend measure?
A: The Monthly Trend measures the average number of hours worked per week by all nonfarm payroll employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and utilization of the labor market, which is a key driver of broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess labor market conditions and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: The Monthly Trend data is released by the Bureau of Labor Statistics with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Monthly (SMU15000003000000008), retrieved from FRED.