Hawaii unemployment rates drops to 2.9%
Hawaii’s unemployment rate declined for the fifth straight month and hit 2.9 percent in December, the lowest level since Sepember 2007, according to data released today by the state Department of Labor and Industrial Relations.
The seasonally adjusted jobless rate dropped one-tenth of a percentage point from the previous month even as nonagricultural payroll jobs fell by 700 from November.
Hawaii’s lowest unemployment rate since January 1976 — the oldest available data — was 2.4 percent, achieved from October through December 2006 and May through September 1989.
For the U.S. the unemployment rate for December was 4.7 percent, up from 4.6 percent in November. The U.S. rate was reported earlier this month.
Hawaii’s labor force, which includes people who are employed and those who are unemployed but actively seeking work, increased to a record 699,900 from the previous high of 696,850 in November.
There were a record 679,900 people employed in December, up from the previous high of 676,200 the previous month. The number of unemployed fell to 20,000 from 20,650.
5 responses to “Hawaii unemployment rates drops to 2.9%”
Leave a Reply
You must be logged in to post a comment.
Great job, President Barack Obama!
It’s Obama’s fault. 🙂
As a direct result of Hawaii’s growing welfare base when locals discovered they don’t need to work to begin with! LOL
It pays not to work: Hawaii residents receive highest welfare benefits in US
Maybe you should quit your job and go on welfare then?
Yeah, I didn’t think so.
Cheer up old chap! Not sure why you’re upset at me posting facts and how some are gaming the system in this “D” socialist state. Besides, I spend far more than welfare could ever offer me so I wouldn’t be happy living on those income/benefit levels even if I ever got lazy one day in my life and quit earning my six figure income. I’ve been productive my entire life, even as a kid I had part time jobs working after school and loved making money no matter how miserable or tough the job. Never once in my life did I ever ask the government I pay considerable taxes to, for jack-$h!t!