Overall unemployment rate moved up to 4.3% with the biggest shift in Restaurants & Hotels, which gained 100 roles, based on the most recently available information published in January 2022.
Total employment in the Kahului-Wailuku-Lahaina, HI market declined by 767 jobs in November and the unemployment rate increased compared to the prior month by 40 bps to 4.3%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Kahului-Wailuku-Lahaina, HI unemployment rate is 94 bps above the national rate which is a negative sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 2.2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Restaurants & Hotels: 23,000; +100
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.