According to a report issued by the state Department of Labor and Industrial Relations, the state of Hawaii had a seasonally adjusted unemployment rate of 4.6 percent in February 2014. According to the state Department of Business, Economic Development and Tourism, Hawaii's job market is expected to continue to improve in 2014 and 2015. DBEDT forecasts that the average unemployment rate will be 4.2 percent in 2014 and will decrease to 4 percent in 2015. As a point of comparison, the nation as a whole had an unemployment rate of 6.7 percent in February.
Source: Honolulu Star Advertiser, 3-28-2014, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Principal Broker, REALTOR®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
