Historical Year Data · 2023
Avg Weekly Hours (Private) in 2023
Avg Weekly Hours (Private) opened 2023 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 July 1.
Open
34.6
2023-01
Close
34.4
12 data points
High
34.6
Jan 1
Low
34.3
Jul 1
Full Year Change
-0.58%
2022 Change
-0.29%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Feb | 34.5 | 34.5 | 34.5 | 34.5 | +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 | 34.3 | 34.3 | 34.3 | 34.3 | +0.00% |
| Aug | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Sep | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
| Oct | 34.3 | 34.3 | 34.3 | 34.3 | +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 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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