Overall unemployment rate moved down to 10.4% with the biggest shift in Restaurants & Hotels, which gained 600 roles, based on the most recently available information published in June 2021.
Total employment in the Kahului-Wailuku-Lahaina, HI market rose by 79 jobs in May and the unemployment rate decreased compared to the prior month by 80 bps to 10.4%. The national unemployment rate decreased by 25 bps over the same time to 5.5%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 490 bps above the national rate which is a negative sign.
- Unemployment in the market is 2,210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in May versus prior month by -5.6% 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: 16,600; +600
- Transportation & Utilities: 12,700; +100
- Government: 9,000; +100
- Education & Healthcare: 8,700; -100
- Business Services: 5,400; +100
- Construction, Mining: 4,200; -100
- Other Jobs: 2,600; 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 May 2021 (Data published June 2021 and reports created on June 30, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.