Tuesday, July 14, 2009

Total Private Hours Worked at 1997 Levels

What do you get when you multiply the total number of private workers and average weekly hours worked (by those private workers)?

Total private weekly hours worked of course... and the largest year over year drop on record... and a level last seen in November 1997 (when the civilian noninstitutional population was 15% smaller).

Source: BLS

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