Business

State Jobless Rate Falls, Big Isle Highest

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Hawaii’s seasonally adjusted unemployment rate dropped to 4.5% in July, the lowest it’s been since August 2008, the state Department of Labor and Industrial Relations reported.

The statewide rate was down one-tenth of a percentage point from the June rate of 4.6%, and down from 5.9% a year ago.

Hawaii County’s July rate was 6.8%, highest among counties in the state, but it is also down from 7.4% in July 2012.

State and national unemployment rates are seasonally adjusted according to the federal Bureau of Labor Statistics. County rates are not seasonally adjusted.

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Nationally, the seasonally adjusted unemployment rate was 7.4% in July, down from 7.6% in June.

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