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Data from U.S. Bureau of Labor Statistics. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Average Weekly Hours (Private) held to 34.3 Hours in June 2026
U.S. Bureau of Labor StatisticsMonthlyReleased July 2026
US Average Weekly Hours (Private) held to 34.3 Hours in June 2026, released July 2026.
Latest Release
34.300000
Actual
—
Consensus
34.300000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| GOOGL | ▲ Direct | +0.47 | STOCKS | Moves with | → View |
| USD/JPY | ▲ Direct | +0.37 | FOREX | Moves with | → View |
| AUD/USD | ▲ Direct | +0.34 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.34 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Average Weekly Hours (Private) (United States) was reported at 34.30 Hours in June 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 34.27 Hours, ranging from 34.20 Hours to 34.30 Hours across 10 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 34.30 Hours, up from the prior three at 34.27 Hours. Volatility over the past year (σ 0.05 Hours) is lower than the prior year (σ 0.06 Hours). In July readings over the past 3 years, Average Weekly Hours (Private) has averaged 34.23 Hours.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GOOGL (Bullish GOOGL). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include OPEC Monthly Report (Sep 10) and Initial Jobless Claims (Sep 10).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Average Weekly Hours (Private) - US
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About Average Weekly Hours (Private) — United States
DEFINITION
US Average Weekly Hours (Private) held steady at 34.3 in May, matching April's level exactly. May's 34.3 hours remained unchanged from April's 34.3, indicating stable labor input in the private sector. Market focus now shifts to upcoming employment reports for further labor market insights. Updated 7/4/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 34.3 Hours. Prior reading (Jun 2026): 34.3 Hours. Before that (May 2026): 34.3 Hours.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary neutral force in the current projection. This indicator correlates most strongly with GOOGL (Bullish GOOGL, r=0.47) — a useful reference for stocks-focused traders.
Σ
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Economic Calendar - US Events
| Wednesday, September 9, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 21:00 | US | API Crude Oil Stock Change | -0.3 | -2.6 | -1.3 | -0.80 | Medium |
| Thursday, September 10, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | PPI Ex Food, Energy and Trade YoY | 4.7 | 4.4 | 4.75 | Low | |
| 12:30 | US | Producer Price Index | 156.563 | 157 | 157.08 | Low | |
| 12:30 | US | Core PPI YoY | 4.2 | 4.6 | 4.35 | Low | |
| 12:30 | US | Continuing Jobless Claims | 1779 | 1780 | 1787.50 | Low | |
| 12:30 | US | Initial Jobless Claims | 206 | 205 | 210.00 | Medium | |
| 12:30 | US | Core PPI MoM | 0.2 | 0.3 | 0.25 | Medium | |
| 12:30 | US | Producer Price Index MoM | 0 | 0.4 | 0.60 | High | |
| 12:30 | US | Producer Price Index YoY | 4.7 | 5.3 | 5.35 | Low | |
| 12:30 | US | PPI Ex Food, Energy and Trade MoM | 0.4 | 0.3 | 0.55 | Low | |
| 12:30 | US | Jobless Claims 4-Week Average | 207.25 | 206 | 207.25 | Low | |
| 14:00 | US | Existing Home Sales | 4.06 | 3.98 | 3.98 | High | |
| 14:00 | US | Existing Home Sales MoM | -1.7 | -0.2 | -0.20 | Medium | |
| 14:30 | US | EIA Natural Gas Stocks Change | 30 | 35 | 38.50 | Low | |
| 16:00 | US | EIA Crude Oil Stocks Change | -4.45 | -1.4 | -1.40 | Medium | |
| Friday, September 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Inflation Rate YoY | 3.4 | 3.4 | 3.40 | High | |
| 12:30 | US | CPI s.a | 332.81 | 334.14 | 334.14 | Medium | |
| 12:30 | US | Core Inflation Rate MoM | 0.2 | 0.2 | 0.20 | High | |
| 12:30 | US | Core Inflation Rate YoY | 2.5 | 2.4 | 2.40 | High | |
| 12:30 | US | Inflation Rate MoM | 0.1 | 0.4 | 0.40 | High | |
| 12:30 | US | CPI | 333.92 | 334.85 | 334.85 | Medium | |
| 14:00 | US | Michigan Current Conditions | 51.9 | 51.3 | 52.40 | Low | |
| 14:00 | US | Michigan Consumer Expectations | 51.5 | 50.5 | 53.00 | Low | |
| 14:00 | US | Michigan 5 Year Inflation Expectations | 3.3 | 3.2 | 3.00 | Low | |
| 14:00 | US | Michigan Consumer Sentiment | 51.7 | 51 | 52.45 | High | |
| 14:00 | US | Michigan Inflation Expectations | 4 | 3.9 | 3.80 | Low | |
| 18:00 | US | Monthly Budget Statement | -432 | -480 | -480.00 | Medium | |
| 18:00 | US | Budget Balance | -432 | -202.5 | -202.50 | Medium | |