Overall unemployment rate moved down to 4.3% with the biggest shift in Restaurants & Hotels, which gained 100 roles, based on the most recently available information published in April 2022.
Total employment in the Kahului-Wailuku-Lahaina, HI market rose by 283 jobs in March and the unemployment rate decreased compared to the prior month by 40 bps to 4.3%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 55 bps above the national rate which is a negative sign.
- Unemployment in the market is 370 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 5.3% and are up 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: 21,800; +100
- Transportation & Utilities: 14,300; -100
- Education & Healthcare: 9,100; no change
- Government: 8,500; -100
- Business Services: 6,500; no change
- Construction, Mining: 4,300; no change
- Other Jobs: 3,200; no change
- Financial Services: 2,700; no change
- Manufacturing: 1,100; no change
- IT & Development: 600; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.