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Wednesday, April 10, 2013

Hawaii Unemployment – Overall Joblessness Decreases in 2012


According the the U.S. Bureau of Labor Statistics, the broad measure of joblessness in the state of Hawaii has decreased to 12.8 percent in 2012, from 15.1 percent in 2011. Considered to be the “hidden unemployment rate” this number reflects those who have taken part-time jobs or who have been so discouraged that they have simply stopped looking for work. At 12.8 percent, Hawaii ranks the 17th lowest state in the country. In comparison, North Dakota posted a 6.1 percent true unemployment rate (lowest in the country) while Nevada had the highest in the country at 20.3 percent. The national average was 14.7 percent.
Source: Honolulu Star Advertiser, 4-10-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
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