|History of Event Dates
The Average Weekly Hours report is released by the U.S. Department of Labor's Bureau of Labor Statistics (BLS) as part of the monthly Employment Situation Report. The report provides data on the average number of hours worked by production and non-supervisory workers in the private sector, and is broken down by industry and occupation.
The Average Weekly Hours report is important because it provides information on trends in the labor market, particularly in terms of the demand for labor. When employers are busy and experiencing high levels of demand, they may increase the hours worked by their employees to meet production needs. Conversely, when demand is weak or uncertain, employers may reduce hours or even lay off workers. Changes in the Average Weekly Hours report can also have implications for workers' earnings and economic growth. When workers work more hours, they earn more money, which can stimulate consumer spending and overall economic activity. Conversely, reductions in hours can lead to lower incomes and reduced spending, which can slow economic growth.
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