Breaking News

Hawai`i’s Unemployment at 2.7 Percent in January

The Hawaii State Department of Labor & Industrial Relations on Friday announced that the seasonally adjusted unemployment rate for January was 2.7 percent compared to the revised rate of 2.6 percent in December. Statewide, 658,500 were employed and 18,000 unemployed in January for a total seasonally adjusted labor force of 676,500. Nationally, the seasonally adjusted unemployment rate was 4.0 percent in January, compared to 3.9 percent in December.

Initial claims increased by 8 or 0.5 percent while weeks claims decreased by 1,191 or -14.3 percent for unemployment benefits compared to one year ago. Over-the-month both initial claims and weeks claims increased by 22.6 percent and 2.6 percent respectively in January 2019. 

The unemployment rate figures for the State of Hawaii and the U.S. in this release are seasonally adjusted, in accordance with the U.S. Bureau of Labor Statistics (BLS) methodology. The not seasonally adjusted rate for the State was 2.9 percent in January, compared to 2.3 percent in December.

In Maui County, unemployment was at 2.9 percent in January, up slightly from 2.2 percent in December. The unemployment number in Maui County has increased by 0.4 percent compared to the same time last year. The highest rate in the county remained on Molokai, where the unemployment was at 3.8 percent in January. That number has continued to decrease and is down from 4.3 percent in December and down from 4.2 percent at the same time last year.

In another measure of employment, total nonagricultural jobs decreased by 1,300 over-the-month. Among the major sectors, job gains in occurred in Trade, Transportation, & Utilities (+500) and Financial Activities (+100). Employment in Construction, Education & Health Services, Manufacturing, and Other Services remained stable. Job losses were experienced in Information (-300), Professional & Business Services (-300), and Leisure & Hospitality (-1,700). The bulk of the decline in Leisure & Hospitality was in Food Services & Drinking Places.  Government increased by 400 jobs. Compared with January 2018, total nonfarm jobs have expanded by 2,600 jobs, or 0.4 percent.

In another measure of employment, total nonagricultural jobs decreased by 1,300 over-the-month. Among the major sectors, job gains in occurred in Trade, Transportation, & Utilities (+500) and Financial Activities (+100). Employment in Construction, Education & Health Services, Manufacturing, and Other Services remained stable. Job losses were experienced in Information (-300), Professional & Business Services (-300), and Leisure & Hospitality (-1,700). The bulk of the decline in Leisure & Hospitality was in Food Services & Drinking Places.  Government increased by 400 jobs. Compared with January 2018, total nonfarm jobs have expanded by 2,600 jobs, or 0.4 percent.

Comments

comments

Check Also

Brush Fire Burns in Kula

The Maui Fire Department is battling a brush fire in Kula. Crews responded to a …