Honolulu Star-Advertiser

Sunday, May 19, 2024 74° Today's Paper


BusinessTop News

State unemployment rate at record low

Kristen Consillio

Hawaii’s jobless rate fell to an all-time record low in November.

The seasonally adjusted unemployment rate dropped to 2 percent from the previous record of 2.2 percent the month before, state Department of Labor and Industrial Relations statistics show.

The 2 percent jobless number is the lowest rate on record since 1976, Leonard Hoshijo, acting DLIR director, said in a news release.

There were 670,300 employed and 14,000 unemployed last month for a total labor force of 684,350, DLIR said.

Nationally, the jobless rate was 4.1 percent in November, the same as in October.

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines. Having trouble with comments? Learn more here.