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Thursday, August 29, 2013

Honolulu's Unemployment Rate Drops to 4.2 Percent in July 2013

According to the U.S. Labor Department, the city of Honolulu had a 4.2 percent unemployment rate in July 2013, tying it for the 13th lowest jobless rate among 372 metropolitan areas nationwide.  Hawaii unemployment experts note that Honolulu County has fared much better then the other outer islands, thanks to a stronger economy and increased tourism. Maui County had a 4.9 percent unemployment rate while Kauai County had a 5.3 percent unemployment rate. Hawaii County (Big Island of Hawaii) had the highest unemployment rate at 6.8 percent. County unemployment data is not adjusted for seasonal variations.

Source: Honolulu Star Advertiser, 8-29-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, REALTOR®
Global Executive Realty, LLC
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