POSTED: 12:09 p.m. HST, Jul 31, 2013
Honolulu’s unemployment rate rose to 4.7 percent in June from 4 percent in May as college graduates and many of those still in school began searching for jobs.
Honolulu was one of 347 metropolitan areas across the country where the unemployment rate rose in June compared with the previous month, according to a report from the U.S. Labor Department. The rate fell in 12 metro aras and was unchanged in 13.
Unlike the national figures, the metro unemployment data are not adjusted for such seasonal changes. Many of the cities with significant rate increases have large universities where students graduated in June and began looking for work. And many university workers are temporarily unemployed in the summer when the academic year ends.