Business

Statewide Unemployment Dropped to 4.9% Last Month

May 16, 2013, 11:55 AM HST
* Updated May 16, 12:02 PM
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State officials announced today that the seasonally adjusted unemployment rate for April declined to 4.9%, down from 5.1% in March.

The rate is a 20% reduction compared to the same month a year ago.

Hawaii’s unemployment rate is significantly lower than the national average. Last month the national seasonally adjusted unemployment rate was 7.5%, compared to 7.6% in March.

According to the state Department of Labor and Industrial Relations, the last time the unemployment rate in Hawaii was 4.9% was in October 2008.

Statewide, there were 614,000 employed and 31,850 unemployed in April, for a total seasonally adjusted labor force of 645,850.

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The unemployment rate figures for the state and the US are seasonally adjusted, in accordance with the US Bureau of Labor Statistics methodology.

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The non seasonally adjusted rate for the state decreased to 4.5% in April, down from 5% in March.

Breakdown of unemployment rates per island across the state. Image courtesy DLIR.

Breakdown of unemployment rates per island across the state. Image courtesy DLIR.

Hawaii County had the second-highest unemployment rate in the state last month at 6.6%.

The island of Molokai had the highest rate of unemployment at 8.5%.

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Across the islands, Lanai had the lowest unemployment rate with 2.4%, followed by Oahu at 3.9%, Maui island at 4.8%, and Kauai at 5.7%.

County and island rates of unemployment are not seasonally adjusted.

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