Indices of hours worked: fourth quarter 2020

Economic indicators
Indices of hours worked: fourth quarter 2020

The seasonally adjusted index of hours worked in industry amounted to 98.11 in fourth quarter 2020. This represents a decrease of 4.6% compared to fourth quarter 2019.

The seasonally adjusted index of hours worked in construction amounted to 99.92 in fourth quarter 2020. This represents a decrease of 4.8% compared to fourth quarter 2019.

The seasonally adjusted index of hours worked in trade and repair amounted to 95.15 in fourth quarter 2020. This represents a decrease of 7.6% compared to fourth quarter 2019.

The seasonally adjusted index of hours worked in services amounted to 103.38 in fourth quarter 2020. This represents a decrease of 11.2% compared to fourth quarter 2019.

The second lockdown, imposed in November for a period of six weeks, contributed to the slowdown of the economic activity in the observed sectors. The section I “Accommodation and food service activities” is the most affected with a 68.4 % decrease, dropping from a seasonally adjusted index of the number of hours worked of 119.6 in the fourth quarter of 2019 to only 37.7 during the fourth quarter of 2020.

hwi_04_2020_en

The figures for fourth quarter 2020 are provisional.

What changes from July 2018

From July 2018 (reference quarter=first quarter 2018), these indices will be published with reference year 2015 = 100.