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State unemployment reaches lowest point since ’08

Hawaii’s unemployment rate fell to a seasonally adjusted 4.6 percent in June, its lowest level in nearly five years, the state Department of Labor and Industrial relations reported today.

The June rate was down from 4.7 percent in May and was the lowest rate since 4.6 percent in September 2008.

The number of unemployed fell to 29,700 in June, a decline of 900 from May. The number of employed, meanwhile, rose by 1,500 to 617,250. The labor force, which is a combination of employed workers and those who are unemployed but actively looking for work, totaled 646,950 in June, up 600  from May.

Hawaii’s June unemployment rate compared with a 7.6 percent rate nationally.

The state and national unemployment numbers are adjusted for seasonal variations, such as teachers temporarily leaving the workforce for summer break.

County data are not seasonally adjusted. The DLIR reported that the rate in Honolulu County rose to 4.7 percent in June from 4 percent in May. The rate rose to 7.5 percent from 6.5 percent in Hawaii County, and to 5.9 percent from 5.3 percent in Kauai County. It rose to 5.4 percent from 4.7 percent in Maui County.

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