HAWAI’I’S UNEMPLOYMENT RATE AT 6.3 PERCENT IN OCTOBER

News Release from DBEDT, Nov 18, 2021 

HONOLULU — The Hawai‘i State Department of Business, Economic Development & Tourism (DBEDT) today announced that the seasonally adjusted unemployment rate for October was 6.3 percent compared to 6.6 percent in September. Statewide, 605,950 were employed and 40,850 unemployed in October for a total seasonally adjusted labor force of 646,800. Nationally, the seasonally adjusted unemployment rate was 4.6 percent in October, down from 4.8 percent in September.

The unemployment rate figures for the State of Hawai‘i 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 5.8 percent in October, compared to 6.4 percent in September.

Industry Payroll Employment (Establishment Survey)

In a separate measure of employment, total nonagricultural jobs increased by 1,900 in October over September. Job gains were experienced in Trade, Transportation, & Utilities (+1,300); Professional & Business Services (+1,100); Manufacturing (+200); Other Services (+200); and   Construction (+100). Within Trade, Transportation, & Utilities, the bulk of the expansion was in Retail Trade; while in Professional & Business Services, most of the rise came in Administrative & Support & Waste Management & Remediation Services. Employment remained stable in Education & Health Services. Job losses occurred in Information (-100); Financial Activities (-100); and Leisure & Hospitality (-900), with most of the drop in Leisure & Hospitality coming in Accommodation. Government employment went up by 100 jobs. Over-the-year (October 2020 was the 7th month of pandemic effects), nonfarm jobs have gone up by 54,600, or 10.5 percent. However, in comparison with March 2020 (last month prior to pandemic effects), nonfarm jobs were down by 78,300, or -12.0 percent....

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