Overall unemployment rate moved down to 2.8% with the biggest shift in Construction, Mining, which lost 100 roles, based on the most recently available information published in June 2023.
Total employment in the Kahului-Wailuku-Lahaina, HI market rose by 48 jobs in April and the unemployment rate decreased compared to the prior month by 60 bps to 2.8%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 30 bps below the national rate which is a positive sign.
- Unemployment in the market is 40 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.1%. Key sectors include:
- Restaurants & Hotels: 23,600; no change
- Transportation & Utilities: 14,500; no change
- Government: 8,800; no change
- Education & Healthcare: 8,700; +100
- Business Services: 7,100; no change
- Construction, Mining: 4,600; -100
- Other Jobs: 3,200; no change
- Financial Services: 2,900; no change
- Manufacturing: 1,200; -100
- IT & Development: 700; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.