HONOLULU — The Hawaii State Department of Labor & Industrial Relations (DLIR) today announced that the seasonally adjusted unemployment rate for August was 4.3 percent, down from 4.4 percent in July. Statewide, 634,150 were employed and 28,600 unemployed in August for a total seasonally adjusted labor force of 662,700. Nationally, the seasonally adjusted unemployment rate declined to 6.1 percent in August from 6.2 percent in July. The rate is the lowest in six years.
Both initial claims and weeks claims decreased by 243 or -14.3% and 2,012 or -17.2% respectively for unemployment benefits compared to one year ago. Over the month, both initial claims and weeks claims also decreased by -2.5% and -6.7% respectively from July 2014.
In Maui County, The overall jobless rate dropped from 4.7 in July, 2014 to August. One year ago the countywide rate was 5.0 percent. On the island of Maui, the latest rate dropped from 4.5 percent to 4.0. Last year it was 4.8 percent. Moloka’i is going the other way, however. The unemployment rate a year ago was 10.5 percent. Last month it was 14.1 percent – up from 12 percent in July. On Lana’i, job numbers are reminiscent of “the good old days” with unemployment down to 2.4 percent. Last month it was 2.7 percent and it was 3.2 percent in August of 2013.
The unemployment rate figures for the State of Hawaii and the U.S. in this release are seasonally adjusted, in accordance with the U.S. Bureau of Labor Statistics (BLS) methodology. The not seasonally adjusted rate for the State was 4.1 percent in August, down from 4.6 percent in July.