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Thursday, August 30, 2012

Honolulu’s Unemployment Rate Drops to 5.7 Percent in July 2012

According to a report released by the U.S. Bureau of Labor Statistics, the unemployment rate for the city of Honolulu dropped to 5.7 percent in the month of July 2012. This was a significant decrease from the 6.1 percent posted during the same month a year prior and gave Honolulu the 35th lowest unemployment rate out of the 372 major metropolitan areas surveyed across the country. In comparison, Maui County had a 6.8 percent unemployment rate, Kauai County a 7.8 percent unemployment rate and Hawaii County (Big Island of Hawaii) had a 9.3 percent unemployment rate. Nationally, the unemployment rate was 8.6 percent in July 2012.
Source: Honolulu Star Advertiser, 8-30-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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