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U.S. Average Weekly Hours

Latest Release

May 06, 2022

Actual

34.6

Forecast

34.7

34.6

Average Weekly Hours (also known as Average Workweek) measures the average number of hours worked by employees on non-farm payrolls.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Importance:

Country:

Currency: USD

Source: Bureau of Labor Statistics of...

Release Date	Time	Actual	Forecast	Previous
Jun 03, 2022 (May)	08:30		34.6	34.6
May 06, 2022 (Apr)	08:30	34.6	34.7	34.6
Apr 01, 2022 (Mar)	08:30	34.6	34.7	34.7
Mar 04, 2022 (Feb)	09:30	34.7	34.6	34.6
Feb 04, 2022 (Jan)	09:30	34.5	34.7	34.7
Jan 07, 2022 (Dec)	09:30	34.7	34.8	34.7

News

U.S. Added 467,000 Jobs in January, Banishing Fears of Omicron Slump By Investing.com - Feb 04, 2022 29

By Geoffrey Smith Investing.com -- The U.S. labor market defied fears of a Covid-driven slowdown in January, adding 467,000 nonfarm jobs in the month, well ahead of estimates. The Labor Department...

Top 5 Things to Know in the Market on Friday, 7th February By Investing.com - Feb 07, 2020 1

By Geoffrey Smith Investing.com -- It's payrolls day, and the risk is for a positive surprise after ADP's bumper numbers on Wednesday. The dollar hit a four-month high as caution set in on...

Nonfarm Payrolls Rise 128K and the Market Cheers By Investing.com - Nov 01, 2019 27

Investing.com - The latest jobs report gave the stock market everything it wanted, with strong payroll growth and tamer inflation. The U.S. economy created more jobs than Wall Street expected in...

Analysis

The Greenback Has Struggled Even As Rate Expectations Rise By Marc Chandler - Apr 04, 2022

The effectiveness of the Federal Reserve's communication seems clear. The market has nearly 90 bp of tightening discounted here in Q2. This means that after a 25 bp hike to initiate the tightening...

Precious Metals Update: Gold Seeks Support As Trend Flips Short By Mark Mead Baillie - Apr 03, 2022 3

We penned in our prior missive that: "...Gold in the technical vacuum is quite stretched to the upside..." Indeed no sooner was that written then did Gold's weekly parabolic Long trend finally come...

Precious Metals Update: Gold And Silver Key Trends Rotate To Negative By Mark Mead Baillie - Feb 06, 2022

On the heel's of last week's piece "Gold's Technicals Look Terrible," such condition essentially remains the case, be it by various classically-accepted technical studies on any of Gold's daily,...

Average Weekly Hours Discussion

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Bank of America	35.84	+0.19	+0.53%

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FED	1.00%	Jun 15, 2022
ECB	0.00%	Jun 09, 2022
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