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AGGREGATE MONTHLY HOURS WORKED TREND ESTIMATES
The trend estimate of aggregate monthly hours worked by part time workers generally rose from 172 million hours in November 2001 to 187 million hours in March 2003. The trend then fell to 186 million hours in August 2003 before generally rising to 242 million hours in November 2011.
The trend total aggregate monthly hours worked followed a similar pattern to that of full time workers. It generally rose from 1,313 million hours in November 2001 to 1,564 million hours in August 2008 before falling to 1,528 million hours in July 2009. The trend has since risen to 1,622 million hours in November 2011.
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