Average Weekly Hours of All Employees: Total Private in Tennessee
SMU47000000500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.50
Year-over-Year Change
-0.29%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by all private sector employees in the state of Tennessee. It is an important indicator of labor market conditions and economic activity in the state.
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 All Employees: Total Private in Tennessee metric tracks the average number of hours worked per week by private sector employees across all industries in the state. It is a key statistic used by economists and policymakers to assess labor market trends and the overall health of the Tennessee economy.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric helps inform decisions around economic and workforce policies in Tennessee.
Key Facts
- Tennessee's average weekly private sector hours peaked at 39.4 in 2019.
- Weekly hours declined during the COVID-19 pandemic, reaching a low of 37.5 in 2020.
- The metric has since recovered, reaching 38.8 hours as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average number of hours worked per week by private sector employees across all industries in the state of Tennessee.
Q: Why is this trend relevant for users or analysts?
A: The average weekly hours worked is an important indicator of labor market conditions and overall economic activity in Tennessee. It helps inform decisions around economic and workforce policies in the state.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess labor market trends and the overall health of the Tennessee economy, informing decisions around economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Total Private in Tennessee (SMU47000000500000002), retrieved from FRED.