Overall unemployment rate moved down to 5.0% with the biggest shift in Transportation & Utilities, which lost 200 roles, based on the most recently available information published in March 2022.
Total employment in the Kahului-Wailuku-Lahaina, HI market rose by 9,747 jobs in January and the unemployment rate decreased compared to the prior month by 130 bps to 5.0%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 57 bps above the national rate which is a negative sign.
- Unemployment in the market is 880 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in January versus prior month by 3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.1%. Key sectors include:
- Restaurants & Hotels: 21,500; no change
- Transportation & Utilities: 14,500; -200
- Education & Healthcare: 9,100; -100
- Government: 8,500; -200
- Business Services: 6,400; no change
- Construction, Mining: 4,100; -100
- Other Jobs: 3,100; -100
- Financial Services: 2,700; -100
- Manufacturing: 1,100; no change
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.