Weekly Macro Update: US Manufacturing, Unemployment and Earnings
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Average Weekly Hours of Manufacturing: Average weekly hours of manufacturing data is complied monthly by the Department of Labor statistics. The number of hours worked tends to rise during economic expansion when industrial production rises, and contracts during periods of economic decline. In December the average weekly hours of manufacturing rose to 41.3 hours, back to levels seen in January 2020, suggesting that US manufacturing has largely recovered from the virus.
Weekly Macro Update: US Manufacturing, Unemployment and Earnings
Weekly Macro Update: US Manufacturing…
Weekly Macro Update: US Manufacturing, Unemployment and Earnings
Average Weekly Hours of Manufacturing: Average weekly hours of manufacturing data is complied monthly by the Department of Labor statistics. The number of hours worked tends to rise during economic expansion when industrial production rises, and contracts during periods of economic decline. In December the average weekly hours of manufacturing rose to 41.3 hours, back to levels seen in January 2020, suggesting that US manufacturing has largely recovered from the virus.