US Average Weekly Hours (Mar) 34.2 vs. Exp. 34.3 (Prev. 34.3)

The US Average Weekly Hours for March came in slightly below expectations, which could suggest a minor softening in labor utilization.

Newsquawk StaffPublished 3 Apr 2026, 12:50 UTCOn the live feed at 12:30 UTC — 4 more headlines followed before this page went public

Newsquawk headlinesUTC

12:40

Turkey is reportedly considering increasing electricity and natural gas prices

12:39

Iran's Army says it has targeted the largest aluminium smelting facility in Bahrain, Al Mayadeen reports

12:30

US Average Weekly Hours (Mar) 34.2 vs. Exp. 34.3 (Prev. 34.3)

12:23

US President Trump posts "With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A “GUSHER” FOR THE WORLD??? President DONALD J. TRUMP"

12:05

US President Trump says VP Vance will now be the "fraud czar", and his focus will be on the "Blue States where CROOKED DEMOCRAT POLITICIANS..." and "The numbers are so large that, if successful, we would literally be able to balance our American Budget."

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Context

While this miss isn't drastic, it may imply moderating labor demand, which could have implications for growth and inflation expectations. Traders should monitor how this data complements other labor market indicators when assessing the overall economic health.

Macro · last 90 days

Recent headlines that moved markets

MACRO/20 Aug · 01:30 UTC

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)

Market, after we published−0.3%

AUD/USD immediately moved lower by 22 pips to 0.7103 from 0.7125.

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

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