Historical Year Data · 2016
Avg Weekly Hours (Private) in 2016
Avg Weekly Hours (Private) opened 2016 at 34.6 and closed at 34.4, a -0.58% move for the year. The high of 34.6 was reached on January 1, and the low of 34.3 on August 1.
Open
34.6
2016-01
Close
34.4
12 data points
High
34.6
Jan 1
Low
34.3
Aug 1
Full Year Change
-0.58%
2015 Change
+0.00%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Feb | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Mar | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Apr | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| May | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Jun | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Jul | 34.5 | 34.5 | 34.5 | 34.5 | +0.00% |
| Aug | 34.3 | 34.3 | 34.3 | 34.3 | +0.00% |
| Sep | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Oct | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Nov | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Dec | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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