This indicator shows the average workweek of the month. It has practically no effect on the market. It is used for long-term analysis of employment in the country. It is a "good" indicator of the labor market situation at various stages of the economic cycle. It is considered one of the key indicators for index like Industrial Production and Personal Income whose values are published later.
- Release Frequency: monthly.
- Release Schedule: 08:30 EST, the first Friday of the month, together with "Non-farm payrolls".
- Source: Bureau of Labor Statistics.