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Saturday, August 18, 2012

Unemployment Rate in Hawaii Holds At 6.4 Percent

According to a report released by the State’s Department of Labor and Industrial Relations, Hawaii’s unemployment rate held firm at 6.4 percent during the month of July 2012. While this is still a significant decline from the peak of 7.1 percent reported in the summer of 2009, state officials are hoping for even better results. Honolulu county had the lowest unemployment rate of 5.7 percent. Maui County had a 6.8 percent unemployment rate. Kauai County had a 7.8 percent unemployment rate. Hawaii County (Big Island) had a 9.3 percent unemployment rate.
The largest number of jobs gained was in the professional and business services industry with added 1,600 jobs. The construction industry also saw positive increases and added another 800 jobs. Manufacturing added another 400 positions across the state.
Source: Honolulu Star Advertiser, 8-18-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
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