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Hawaii jobless rate falls to nearly 4-year low in October

By Star-Advertiser Staff

POSTED:
LAST UPDATED: 04:16 p.m. HST, Nov 15, 2012



Hawaii’s unemployment rate fell to 5.5 percent in October, the lowest level in nearly four years, the state Department of Labor and Industrial Relations reported today.

The October rate compared with a 5.7 percent jobless rate in September. The October rate was the lowest since November 2008 when it was 5.3 percent, according to the report.

There were 35,550 unemployed workers in October, down from 36,650 in September. The number of employed, meanwhile, rose by 3,000 to 606,950.

Nationally, the unemployment rate rose to 7.9 percent in October from 7.8 percent in September. The state and national numbers are adjusted for seasonal variations, such as teachers returning to the workforce after the summer break.

On an unadjusted basis the jobless rate fell in all counties except for Honolulu. The unemployment rate declined to 7.5 percent from 7.9 percent in Hawaii County, to 5.7 percent from 6.0 percent in Maui County and to 6.5 percent from 6.8 percent in Kauai County. The jobless rate was unchanged at 5 percent in Honolulu County.







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Mana07 wrote:
Wow that's terrific! All of those people employeed with multiple jobs that don't pay enough to pay the bills. It's just fantastic to have two part time jobs! WOW these democrats have done a wonderful job!
on November 15,2012 | 12:31PM
holumuahawaii wrote:
North Dakota, in the middle of an oil boom, has the nation's lowest unemployment at 3%. Nevade, never having recovered from over building homes at the exact worst time, is still highest at 11.8%. Hawaii is near the top with only 5.7% because the Democrats have been prudent with budgeting and open to business. The Governor and the State Legislature have been prudent stewards of the public's money. I know that few like to acknowledge fiscal competence around here--but' that's what did it. Tax credits helped too.
on November 15,2012 | 01:47PM
Mana07 wrote:
"The Governor and the State Legislature have been prudent stewards of the public's money" LOL LOL LOL...Have you been drug tested recently?
on November 15,2012 | 02:46PM
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