Overall unemployment rate moved up to 3.2% with the biggest shift in Government, which gained 400 roles, based on the most recently available information published in April 2023.
Total employment in the Kahului-Wailuku-Lahaina, HI market declined by 1,053 jobs in February and the unemployment rate increased compared to the prior month by 10 bps to 3.2%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 69 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 5.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Restaurants & Hotels: 23,400; -100
- Transportation & Utilities: 14,600; no change
- Education & Healthcare: 9,300; +100
- Government: 8,800; +400
- Business Services: 7,000; +100
- Construction, Mining: 4,700; no change
- Other Jobs: 3,200; no change
- Financial Services: 2,900; no change
- Manufacturing: 1,200; no change
- IT & Development: 700; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.