Business

Hawai‘i County Sees 2.7% Unemployment in August

September 22, 2018, 11:00 AM HST
* Updated September 21, 7:52 PM
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Unemployment in Hawai‘i County was at 2.7% in August according to the latest data reported by the Hawai‘i State Department of Labor & Industrial Relations (DLIR).

That number is down from 3.0% as reported by DLIR in July. During the same time last year, unemployment in Hawai‘i County was reported at 2.5%.

The seasonally adjusted unemployment rate for the entire state was 2.1% in August for the third consecutive month, according to DLIR data. Statewide, 672,700 were employed and 14,600 were unemployed in August for a total seasonally adjusted labor force of 687,300. Jobs have shown an increase of 17,700 over-the-year.

Nationally, the seasonally adjusted unemployment rate was 3.9% in August, remaining unchanged from July.

Both initial claims and weeks claims decreased by 145 or -12.1% and by 900 or -11.9% respectively for unemployment benefits compared to one year ago. Over-the-month initial claims and weeks claims also dropped by -10.2% and -7.7% respectively in August 2018.

Table courtesy of DLIR.

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The not seasonally adjusted rate for the State was 2.2% in August, remaining unchanged from July.

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In another measure of employment, total nonagricultural jobs increased by 2,400 in August over July according to DLIR. Among the major sectors, job gains occurred in Leisure & Hospitality (+700), Trade, Transportation & Utilities (+100) and Financial Activities (+100). Within Leisure & Hospitality, the bulk of the job expansion occurred in Food Services & Drinking Places. Employment remained stable in Information, Manufacturing, and Other Services.

Job losses were reported in Construction (-100), Professional & Business Services (-300), and in Education & Health Services (-300). Government jobs rose by 2,200, primarily due to the hiring of primary election workers. In comparison with August 2017, total non-farm jobs have expanded by 17,700, or 2.7%.

Graph courtesy of DLIR.

 

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