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AGGREGATE MONTHLY HOURS WORKED TREND ESTIMATES
The trend estimate of aggregate monthly hours worked by part time workers rose from 186 million hours in December 2002 to 188 million hours in March 2003. The trend then fell to 186 million hours in August 2003 before generally rising to 241 million hours in December 2012.
The trend total aggregate monthly hours worked followed a similar pattern to that of full time workers. It generally rose from 1,363 million hours in December 2002 to 1,567 million hours in August 2008 before falling to 1,534 million hours in June 2009. The trend has since risen to 1,623 million hours in December 2012.
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