Historical Year Data · 2022
Avg Weekly Hours (Private) in 2022
Avg Weekly Hours (Private) opened 2022 at 34.5 and closed at 34.4, a -0.29% move for the year. The high of 34.7 was reached on February 1, and the low of 34.4 on December 1.
Open
34.5
2022-01
Close
34.4
12 data points
High
34.7
Feb 1
Low
34.4
Dec 1
Full Year Change
-0.29%
2021 Change
-0.29%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 34.5 | 34.5 | 34.5 | 34.5 | +0.00% |
| Feb | 34.7 | 34.7 | 34.7 | 34.7 | +0.00% |
| Mar | 34.7 | 34.7 | 34.7 | 34.7 | +0.00% |
| Apr | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| May | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Jun | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Jul | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Aug | 34.5 | 34.5 | 34.5 | 34.5 | +0.00% |
| Sep | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Oct | 34.6 | 34.6 | 34.6 | 34.6 | +0.00% |
| Nov | 34.5 | 34.5 | 34.5 | 34.5 | +0.00% |
| Dec | 34.4 | 34.4 | 34.4 | 34.4 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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