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Friday, September 4, 2009

Number of Hours Worked per Civilian Sees New Low

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