Average Weekly Hours of Production Employees: Information in Illinois
SMU17000005000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.50
Year-over-Year Change
3.49%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by production employees in the information industry in Illinois. It provides insights into labor productivity and utilization within this key sector.
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 Average Weekly Hours of Production Employees: Information in Illinois metric tracks the average number of hours worked per week by production workers in the information industry, such as publishing, telecommunications, and data processing. This data point is a key indicator of economic activity and labor market conditions in the information sector within the state.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is monitored by policymakers, economists, and industry analysts to gauge the health and productivity of Illinois' information economy.
Key Facts
- The average weekly hours in Illinois' information industry has ranged from 37.0 to 39.8 over the past decade.
- Production workers account for over 60% of total employment in the state's information sector.
- Weekly hours in this industry tend to be higher than the overall private sector average in Illinois.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average number of hours worked per week by production employees in Illinois' information industry, including publishing, telecommunications, and data processing.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into labor productivity and utilization within a key sector of the Illinois economy, which is important for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is monitored by policymakers, economists, and industry analysts to gauge the health and productivity of Illinois' information economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Information in Illinois (SMU17000005000000007), retrieved from FRED.