Losing 3,850 people from the labor force is "not a good sign," an economist says
POSTED: 01:30 a.m. HST, Sep 21, 2012
~~<p>Hawaii's unemployment rate fell to 6.1 percent in August from 6.3 percent in July, reaching its lowest level in more than three years, the state reported Thursday.</p>
Hawaii's unemployment rate fell to 6.1 percent in August from 6.3 percent in July, reaching its lowest level in more than three years, the state reported Thursday.
However, the report also showed that there was a decline in the overall labor force, suggesting that the drop in the unemployment rate was partly due to some discouraged job seekers simply giving up their searches. Login for more...