Search This Blog

Friday, July 19, 2013

Unemployment Rate Falls in June 2013

According to a report released by the state Department of Labor and Industrial Relations, Hawaii's seasonally adjusted unemployment rate fell to 4.6 percent in June 2013.  This represented the lowest unemployment level in nearly five years, since September 2008.  Finance and economics professor at Hawaii Pacific University, Leroy Laney, commented, "We're seeing a healthy increase in the job count and a declining unemployment rate.  The positive numbers are a clear sign the economy is improving."

Honolulu County posted a 4.7 percent unemployment rate, while Maui County had a 5.4 percent unemployment rate.  Kauai County had a 5.9 percent unemployment rate while Hawaii (Big Island of Hawaii) County had a 7.5 percent unemployment rate.  County data is not seasonally adjusted.

Source: Honolulu Star Advertiser, 7-19-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com