Number of Hours Worked per Civilian Sees New Low
Courtesy of Jake’s Econompic Data
Below is an updated chart which shows the average number of hours worked by a civilian (calculated by taking the employment to population ratio and multiplying that by the average # of hours worked per week).
Below is the year over year change in that figure.
After a slight "rebound" last month, we are now at a new all-time (since 1964) low.
Want to see the relevance of hours worked per employee? Go here.
Source: BLS
