Hawaiʻi Unemployment Rate 3.7% in October
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.
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.
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.
Nationally, the seasonally adjusted unemployment rate was 4.9% in October, down from the 5% unemployment rate in September.