Business

Hawaiʻi Unemployment Rate 3.7% in October

November 19, 2016, 11:00 AM HST
* Updated November 21, 7:00 AM
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Hawaiʻi County’s 3.7% unemployment rate for October remained the same as a month earlier, but lower than the and the 4.1% reported at the same time last year.

The new data was released on Thursday by the state Department of Labor and Industrial Relations.

Hawaiʻi County’s 3.7% unemployment rate for October remained the same as a month earlier, but down from the 4.1% reported at the same time last year. Photo Courtesy

Hawaiʻi County’s 3.7% unemployment rate for October remained the same as a month earlier, but down from the 4.1% reported at the same time last year.
Photo Courtesy

The DLIR noted that the seasonally adjusted unemployment rate for the state dropped slightly to 3.2% in October, after a 3.3% rate reported in September 2016, and down from the 3.4% rate reported at the same time in 2015.

The department reports industry employment gains in several areas including the following job expansions: 1,800 jobs in Leisure & Hospitality, 400 jobs in Construction and 400 jobs in Financial Activities.

Job losses were reported in several sectors including: -1,100 jobs in Educational & Health Services, -600 jobs in Professional & Business Services, and -100 jobs in Manufacturing.

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According to the new data, there were 670,950 employed and 21,850 unemployed individuals in the state in October, which combines for a total seasonally adjusted labor force of 692,800.

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Nationally, the seasonally adjusted unemployment rate was 4.9% in October, down from the 5% unemployment rate in September.

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