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Monday, October 26, 2020
Hawaii gets 13 more weeks of unemployment
By News Release @ 11:19 PM :: 2574 Views :: Economy, Labor, COVID-19

... Federal-State Extended benefits begin Tuesday, Oct. 27 for Hawaii workers who have exhausted their state and federal jobless benefits ....

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Friday, October 16, 2020
UHERO: Pandemic upends economic analysis
By UHERO @ 6:16 PM :: 1757 Views :: Economy, COVID-19

... because the state GDP data is released with a three-month lag and undergoes many revisions after its release ....

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Thursday, October 15, 2020
COVID: Hawaii debt increases by $9 billion
By Grassroot Institute @ 11:12 PM :: 2333 Views :: Economy, Hawaii State Government, Hawaii Statistics, COVID-19

...Hawaii’s unfunded liabilities for infrastructure and public health benefits have increased so far this year to $97 billion....

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Saturday, October 10, 2020
27,000 Hawaii workers exhausted jobless benefits in September
By News Release @ 5:19 PM :: 2547 Views :: Economy, Hawaii Statistics, Labor

... Hawaii 2020 unemployment claims surpass 380,000 ....

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Saturday, October 10, 2020
How to stop the exodus
By Grassroot Institute @ 6:04 AM :: 2611 Views :: Economy, Cost of Living, COVID-19

...Hawaii’s negative migration of the past several years in a row is going to accelerate....

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Friday, October 9, 2020
Ige Grade 'D' -- Fiscal Policy Report Card on America’s Governors 2020
By Cato Foundation @ 3:28 AM :: 2399 Views :: Economy, Hawaii State Government, Taxes

...Hawaii’s general fund spending rose a hefty 5.7 percent in 2020, thus reducing the governor’s score in this report....

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Thursday, October 8, 2020
Great Lockdown Crash of 2020 is wake-up call for Hawaii lawmakers
By Grassroot Institute @ 4:57 AM :: 2626 Views :: Economy, Tourism, COVID-19

...Hawaii’s leading industry, tourism, has virtually disappeared; unemployment is at historic highs; hundreds, if not thousands, of businesses have permanently closed; state and county tax revenues have evaporated....

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Tuesday, October 6, 2020
Employment Recovery: Nobody Lags Like Hawaii
By News Release @ 11:27 PM :: 2703 Views :: Economy, Hawaii Statistics, Labor, COVID-19

...Hawaii has recovered just 13% of the jobs lost since the start of the pandemic....

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Monday, October 5, 2020
UHERO Hawaii renters already leaving for Mainland
By UHERO @ 8:50 PM :: 2761 Views :: Economy, Hawaii Statistics, Small Business, COVID-19

... Prior to COVID-19, our respondents reported a roughly 4% vacancy rate .... In August, however, this number jumped to 9% ....

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Sunday, October 4, 2020
UHERO: Tourism bounce back will be slow
By UHERO @ 4:48 AM :: 2482 Views :: Economy, Tourism, COVID-19

...UHERO report illustrated a dark forecast—worse than the aftermath of 9/11—for travel and tourism in Hawaiʻi, across the U.S. and around the world....

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Saturday, September 26, 2020
UHERO: Failed Response to COVID Resurgence Stopped Economic Recovery
By UHERO @ 12:30 PM :: 1788 Views :: Economy, COVID-19

...Our baseline forecast now sees meaningful economic recovery delayed until the middle of next year, and an attenuated recovery period thereafter....

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Friday, September 25, 2020
Pollyana approach not working
By Grassroot Institute @ 8:08 PM :: 2467 Views :: Economy, Hawaii State Government, Labor, COVID-19

... At the beginning of the year, our governor boasted about his efforts to put the state on a “sound financial footing.” What a difference a few months can make ....

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Saturday, September 19, 2020
Hawaii Lost the Most Construction Jobs Between July and August
By News Release @ 3:25 AM :: 1954 Views :: Economy, Hawaii Statistics

...Hawaii lost the highest percentage (-3.5 percent, -1,300 jobs) of construction jobs for the month....

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Friday, September 18, 2020
Hawaii Unemployment Drops to 12.5% as Workers Leave Workforce
By News Release @ 6:21 PM :: 2391 Views :: Economy, Hawaii Statistics, Labor

...Jobs declined by 105,200 over-the-year....

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Monday, September 14, 2020
Low Income Hawaii Workers Income Jumped in April and May
By News Release @ 11:26 PM :: 2401 Views :: Economy, Hawaii Statistics, Labor, COVID-19

...Hawaii was the second-most-dependent state on the additional $600 in unemployment benefits that expired at the end of July.....

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Saturday, September 5, 2020
45 Companies--13,701 Layoffs Since Aug 1
By Selected News Articles @ 10:17 PM :: 3568 Views :: Economy, Labor, Tourism, COVID-19

...These notices only represent announcements by companies in the state that have 100 or more employees....

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Wednesday, September 2, 2020
DBEDT: Hawaii economy will contract 12.3% in 2020
By News Release @ 5:47 PM :: 2207 Views :: Economy, COVID-19

...The revision is mainly due to the delayed pre-test program for trans-Pacific travel and the two-week Stay-at-Home, Work-from-Home order for Oahu....

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Friday, August 21, 2020
Hawaii Unemployment 13.1% -- Thousands Quit Looking
By News Release @ 8:17 PM :: 2442 Views :: Economy, Hawaii Statistics, Labor

... The unemployment rate would have been much higher except that there were nearly 30,000 fewer people in the labor force than a year ago ....

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Wednesday, August 19, 2020
Caldwell Announces More COVID Restrictions--Targets Non-Economic Activity
By News Release @ 3:36 AM :: 2691 Views :: Honolulu County, Economy, Small Business, COVID-19

...Caldwell said at the news briefing that county and state leaders discussed the modified restrictions for O‘ahu over the past five days, trying to decide whether to use a scalpel or a hammer. “We’ve chosen a scalpel,” Caldwell said....

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Monday, August 17, 2020
Hawaii Mortgage Delinquencies Jump 5.25%
By News Release @ 8:05 PM :: 3016 Views :: Economy, Hawaii Statistics, COVID-19

... Hawaii 5th largest quarterly increase in overall delinquency rate ....

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Saturday, August 15, 2020
​Lockdown reveals Hawaii's economic house of cards
By Grassroot Institute @ 1:42 AM :: 3200 Views :: Economy, Hawaii State Government, COVID-19

...Growing the budget and approving government employee pay raises when Hawaii is running out of money is an unsustainable way to run a state....

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Friday, August 14, 2020
Survey update shows widespread hardship for local businesses
By UHERO @ 10:31 PM :: 2734 Views :: Economy, Hawaii Statistics, Small Business, COVID-19

...With the exception of jobs in information technology and other services, no industry category saw a meaningful increase from the devastating April 2020 job numbers....

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Sunday, August 9, 2020
How We’re Going to Spend CARES Act Money
By Tom Yamachika @ 5:00 AM :: 2200 Views :: Economy, COVID-19

...In the meantime, the unemployed need to survive without any plus-up at all....

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Saturday, August 8, 2020
Will pandemic keep Hawaiʻi residents from moving away?
By UHERO @ 10:09 PM :: 2398 Views :: Economy, Hawaii Statistics, COVID-19

...due to the increased difficulty of navigating a trans-Pacific move. There is also fear of a spike in COVID-19 cases in states such as California and Texas....

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Saturday, August 1, 2020
161,000 Hawaii Unemployed Fall off Cliff at Midnight?
By Rep Gene Ward @ 5:20 AM :: 2363 Views :: Economy, Labor

"...At the stroke of midnight tonight (July 31) there will be over 161,000 Hawaii residents about to fall off the federal unemployment cliff and there appears to be no solution at hand...."

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Tuesday, July 28, 2020
Stimulate the Economy--Get a Job!
By News Release @ 4:52 AM :: 2461 Views :: Economy, Small Business, COVID-19

... more than 16,000 jobs are available across the state. Top positions included retail salesperson, network and systems administrator and security guard ....

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Saturday, July 18, 2020
Even with Drop in Unemployment, Hawaii Ranks 49th in Bounce Back from COVID
By Selected News Articles @ 11:46 PM :: 2514 Views :: Economy, Hawaii Statistics, COVID-19

...States Whose Unemployment Rates Are Bouncing Back Most....

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Saturday, July 18, 2020
Follow-Up Survey to Gauge the Business Impact of COVID-19
By News Release @ 1:48 PM :: 2535 Views :: Economy, Small Business, Tourism, COVID-19

...which measures changes in employment and employee wages, monthly revenue and revenue sources, current state of operations and plan for trans-Pacific tourism opening, impact of the Paycheck Protection Program (PPP) and business outlook....

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Friday, July 17, 2020
Hawaii Unemployment Rate Drops to 13.9%
By News Release @ 5:32 AM :: 1921 Views :: Economy, Hawaii Statistics

...individuals are classified as employed, unemployed, or not in the labor force based on questions about their activities during the survey reference week (June 7th through June 13th)....

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Thursday, July 16, 2020
Hawaii: Only 45% of Adults Working
By News Release @ 4:00 AM :: 2307 Views :: Economy, Hawaii Statistics, COVID-19

...Employment–population ratio, Hawaii 2nd lowest in USA....

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Wednesday, July 15, 2020
UHERO--Recovery may take decade
By UHERO @ 12:17 AM :: 2065 Views :: Economy, COVID-19

...the state’s total employment rate, as well as its unemployment rate, will not return to its pre-pandemic level until 2029....

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Saturday, July 11, 2020
Legislative Session: The good, the bad and the ugly
By Grassroot Institute @ 5:42 PM :: 2949 Views :: Economy, Hawaii State Government, Taxes, COVID-19

... donning rose-colored glasses and approaching the budget shortfall as a temporary setback ....

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Saturday, July 11, 2020
DLIR Rejects 73,438 Invalid Unemployment Claims
By News Release @ 3:45 AM :: 2985 Views :: Economy, Hawaii Statistics, Law Enforcement, COVID-19

...151,071 valid claims are being paid....

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Friday, July 10, 2020
Jobs Report: Lets Avoid Aggravating the Problem
By News Release @ 11:52 PM :: 2045 Views :: Economy, Small Business, COVID-19

...the Hawaii Legislature should not make a dismal situation worse....

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Friday, July 10, 2020
COVID Economy: State Much More Susceptible than Counties
By News Release @ 4:31 PM :: 3011 Views :: Economy, Hawaii State Government, Tourism, COVID-19

"...The revenue profiles of the state and the city and county are quite different. The state is much more exposed to volatile revenue sources such as general excise tax and transient accommodation tax (TAT)...."

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Saturday, June 27, 2020
COVID: Half of Households with Children have lost income
By News Release @ 4:52 AM :: 1885 Views :: Economy, COVID-19

...51% of respondents in households with at least one child report their income has declined since the start of COVID-19....

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Saturday, June 20, 2020
UHERO forecasts dire scenarios for local government budgets
By UHERO @ 4:28 AM :: 2251 Views :: Economy, Hawaii State Government, COVID-19

...A grim financial outlook is on the horizon for the state of Hawaiʻi due to the impact of COVID-19....

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Sunday, June 14, 2020
The Giant Sucking Sound
By Tom Yamachika @ 5:00 AM :: 2406 Views :: Economy

...Carl Bonham told lawmakers that we’re going to lose another 30,000 people in just two years. A more pessimistic scenario assumes we are going to lose that 30,000 people in ONE year....

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Thursday, June 11, 2020
DLIR Updates Unemployment Claims Processing Numbers
By News Release @ 5:09 AM :: 2537 Views :: Economy, Labor, COVID-19

... State Has Issued $803,200,377 in Benefits Since March 1 ....

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Wednesday, June 10, 2020
‘New normal’ requires long-term budget thinking
By Joe Kent @ 11:44 PM :: 2378 Views :: Economy, Hawaii State Government, COVID-19

...threw Gov. Ige’s multiyear budget off target by a total of $26 billion between fiscal years 2020 and 2025....

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Sunday, June 7, 2020
Kam Napier: How to strike the right balance in reopening Hawaii economy
By Grassroot Institute @ 8:00 PM :: 2089 Views :: Economy, COVID-19

... Napier has encouraged his readers to think critically about how our state and counties have responded to the public health threat ....

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Thursday, June 4, 2020
Honolulu 7th Largest Increase in Unemployment
By Selected News Articles @ 10:59 PM :: 2232 Views :: Economy, Hawaii Statistics, COVID-19

...Bureau of Labor Statistics recently disclosed that it misclassified many workers on temporary layoffs as “absent from work because of other reasons” rather than “unemployed.” Therefore, the real unemployment rate may be around 33 percent higher than reported....

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Thursday, June 4, 2020
Free Food Giveaways set to conclude
By News Release @ 7:24 PM :: 2823 Views :: Honolulu County, Economy, Labor, COVID-19

...to provide food assistance to recently unemployed individuals is set to conclude with two remaining food distribution events at Aloha Stadium....

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Wednesday, June 3, 2020
Ige Admin Places 'Reopening Strategy' Online
By News Release @ 10:20 PM :: 1982 Views :: Economy, COVID-19

...It was developed by the Governor’s Office along with the Hawai‘i Economic and Community Recovery Navigator in collaboration with many government agencies and business sector partners....

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Tuesday, June 2, 2020
VIDEO: How to Save Lives in Hawaii, in 50 Seconds
By Grassroot Institute @ 10:34 PM :: 1835 Views :: Economy, COVID-19

...if our leaders let their coronavirus lockdowns linger, Hawaii can expect a wave of "deaths of despair"....

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Friday, May 29, 2020
Grassroot: Quarantine Extension Will Delay Economic Recovery
By Grassroot Institute @ 8:32 PM :: 2418 Views :: Economy, COVID-19

...If Hawaii extends its 14-day quarantine or imposes testing requirements on visitors, this could lead to “a steeper decline in arrivals in 2020 and would likely delay the recovery”....

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Friday, May 29, 2020
How to Reopen Hawaii's Economy--Michael W. Perry Interviews Keli'i Akina
By Grassroot Institute @ 6:24 AM :: 2416 Views :: Economy, COVID-19

...Roadmap to Prosperity: How Hawaii can recover and even excel after the coronavirus lockdown....

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Thursday, May 28, 2020
UHERO: How Long Will Reopening Take?
By UHERO @ 7:39 PM :: 1919 Views :: Economy, COVID-19

...The question is what that reopening will look like, how long it will take, and what the legacy of COVID-19 will be for the Hawaii economy....

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Wednesday, May 27, 2020
Blue Crush: How a One-Party State is Crushing the Little Guy
By Selected News Articles @ 7:48 PM :: 3550 Views :: Democratic Party, Economy, Labor, COVID-19

...The roughly half of the population who cannot work from home are getting screwed over by those who can....

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Saturday, May 23, 2020
DBEDT: Hawaii Economy Will Shrink 12.1% in 2020
By News Release @ 5:15 PM :: 2737 Views :: Economy, Tourism, COVID-19

...Assume visitor industry will start opening in September 2020 and will recover 30 percent of arrivals (from same month in 2019) in September and 45 percent in December 2020....

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