Overall unemployment rate moved down to 6.3% with the biggest shift in Restaurants & Hotels, which gained 300 roles, based on the most recently available information published in February 2022.
Total employment in the Kahului-Wailuku-Lahaina, HI market rose by 97 jobs in December and the unemployment rate decreased compared to the prior month by 60 bps to 6.3%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 261 bps above the national rate which is a negative sign.
- Unemployment in the market is 710 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 6.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Restaurants & Hotels: 18,600; +300
- Transportation & Utilities: 13,200; +100
- Education & Healthcare: 8,800; no change
- Government: 8,700; +200
- Business Services: 5,600; +100
- Construction, Mining: 4,300; no change
- Other Jobs: 2,700; no change
- Financial Services: 2,100; no change
- Manufacturing: 900; no change
- IT & Development: 400; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.