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Economy
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Saturday, June 20, 2020 |
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UHERO forecasts dire scenarios for local government budgets
By UHERO @ 4:28 AM :: 3480 Views :: Economy, Hawaii State Government, COVID-19
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...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 |
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The Giant Sucking Sound
By Tom Yamachika @ 5:00 AM :: 3191 Views :: Economy
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...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 |
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DLIR Updates Unemployment Claims Processing Numbers
By News Release @ 5:09 AM :: 3829 Views :: Economy, Labor, COVID-19
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... State Has Issued $803,200,377 in Benefits Since March 1 ....
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Wednesday, June 10, 2020 |
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‘New normal’ requires long-term budget thinking
By Joe Kent @ 11:44 PM :: 3632 Views :: Economy, Hawaii State Government, COVID-19
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...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 |
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Kam Napier: How to strike the right balance in reopening Hawaii economy
By Grassroot Institute @ 8:00 PM :: 3182 Views :: Economy, COVID-19
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... 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 |
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Honolulu 7th Largest Increase in Unemployment
By Selected News Articles @ 10:59 PM :: 3452 Views :: Economy, Hawaii Statistics, COVID-19
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...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 |
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Free Food Giveaways set to conclude
By News Release @ 7:24 PM :: 4407 Views :: Honolulu County, Economy, Labor, COVID-19
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...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 |
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Ige Admin Places 'Reopening Strategy' Online
By News Release @ 10:20 PM :: 2875 Views :: Economy, COVID-19
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...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 |
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VIDEO: How to Save Lives in Hawaii, in 50 Seconds
By Grassroot Institute @ 10:34 PM :: 2963 Views :: Economy, COVID-19
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...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 |
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Grassroot: Quarantine Extension Will Delay Economic Recovery
By Grassroot Institute @ 8:32 PM :: 3428 Views :: Economy, COVID-19
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...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 |
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How to Reopen Hawaii's Economy--Michael W. Perry Interviews Keli'i Akina
By Grassroot Institute @ 6:24 AM :: 3567 Views :: Economy, COVID-19
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...Roadmap to Prosperity: How Hawaii can recover and even excel after the coronavirus lockdown....
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Thursday, May 28, 2020 |
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UHERO: How Long Will Reopening Take?
By UHERO @ 7:39 PM :: 2961 Views :: Economy, COVID-19
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...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 |
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Blue Crush: How a One-Party State is Crushing the Little Guy
By Selected News Articles @ 7:48 PM :: 5178 Views :: Democratic Party, Economy, Labor, COVID-19
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...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 |
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DBEDT: Hawaii Economy Will Shrink 12.1% in 2020
By News Release @ 5:15 PM :: 4046 Views :: Economy, Tourism, COVID-19
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...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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Saturday, May 23, 2020 |
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Grassroot: Hawaii's Roadmap to Prosperity
By Grassroot Institute @ 12:40 AM :: 3803 Views :: Economy, COVID-19
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...proposals regarding how Hawaii can recover and even excel after the state's economically devastating coronavirus lockdown....
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Friday, May 22, 2020 |
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6 in 10 Hawaiʻi adults now live in a household in which at least one person has lost income
By News Release @ 11:32 PM :: 3414 Views :: Economy, Labor, COVID-19
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...According to the United States Census Bureau Household Pulse Survey, released on May 20....
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Friday, May 22, 2020 |
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Hawaii Now 3rd Highest Unemployment in USA
By Selected News Articles @ 4:52 PM :: 4505 Views :: Economy, Hawaii Statistics, Labor, COVID-19
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...only Nevada and Michigan are higher....
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Friday, May 22, 2020 |
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Final Public Health Recovery Task Force Report
By News Release @ 5:46 AM :: 2816 Views :: Economy, COVID-19
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...report by the Hawaiʻi COVID-19 Public Health Recovery Task Force on reopening our economy....
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Thursday, May 21, 2020 |
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Hawaii Unemployment Jumps to 22.3% in April
By News Release @ 2:26 PM :: 3514 Views :: Economy, Labor, COVID-19
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...Jobs declined by 121,800 over-the-month....
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Wednesday, May 20, 2020 |
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Travel-Related Unemployment Hits 51% Just Ahead of Memorial Day
By News Release @ 8:04 AM :: 3924 Views :: Economy, Labor, Tourism, COVID-19
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...Double Nat'l Unemployment at Height of Great Depression....
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Wednesday, May 20, 2020 |
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Roll back government to revive Hawaii’s economy
By Grassroot Institute @ 2:30 AM :: 2810 Views :: Economy, COVID-19
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... like the business closures, curfews, checkpoints and drones ....
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Sunday, May 17, 2020 |
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Hawaii Wastes Thousands of COVID Testing Opportunities Every Day
By Andrew Walden @ 12:13 AM :: 7426 Views :: Economy, Health Care, Tourism, COVID-19
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...Hawaii has a 5,000 test per day capacity, yet access to testing is restricted and day after day only a few hundred tests are performed....
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Saturday, May 16, 2020 |
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Could Hawaii go bankrupt?
By Grassroot Institute @ 11:39 PM :: 6410 Views :: Economy, Hawaii State Government, COVID-19
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...Hawaii’s economy has tanked and local tax revenues are plummeting, leaving the state and counties in danger of going bankrupt — starting with the state's public pension and health-benefits systems....
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Friday, May 15, 2020 |
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The Legislature’s Dangerous Illusion
By Grassroot Institute @ 8:12 PM :: 4298 Views :: Economy, Hawaii State Government, Taxes, COVID-19
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...state policymakers seem to believe that the answer to the worst economic crisis in decades is to borrow and spend — and very likely raise taxes....
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Wednesday, May 13, 2020 |
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Survey: Hawaii Solar installers slowed by COVID-19
By News Release @ 4:54 PM :: 4210 Views :: Energy, Economy, Small Business, COVID-19
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...companies indicated difficulty generating sales, and cited customer uncertainty as a primary driver of declining sales volume....
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Sunday, May 10, 2020 |
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‘Multiplier effect’ is poor justification for increased government spending
By Grassroot Institute @ 3:56 AM :: 4545 Views :: Economy, Hawaii State Government, Taxes, COVID-19
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...if Hawaii’s lawmakers wish to save our state economy from its current freefall, they must not be afraid to reduce state spending....
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Saturday, May 9, 2020 |
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Not done yet with 'Let Hawaii Work' petition
By Grassroot Institute @ 3:09 AM :: 2658 Views :: Economy, COVID-19
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...In just a week, we’ve gathered more than 5,000 signatures from people who are eager to restart the local economy....
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Friday, May 8, 2020 |
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Letter to Governor to Open Up Small Business and Interisland Air Travel
By Panos Prevedouros PhD @ 5:40 PM :: 4442 Views :: Economy, Tourism, COVID-19
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...there is no such thing as non-essential business when it comes to generating jobs and taxes for the state....
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Friday, May 8, 2020 |
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New Hawaii Unemployment Claims Still Running 1338% Above Last Year
By Selected News Articles @ 5:33 AM :: 3808 Views :: Economy, Hawaii Statistics, Labor, COVID-19
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...Refers to the increase in the number of unemployment insurance initial claims in the week of April 27, 2020 compared to the week of April 29, 2019....
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Friday, May 8, 2020 |
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Hawaii Women's Commission 'Could be Easily Dismissed' ... but
By Selected News Articles @ 4:34 AM :: 3600 Views :: Economy, Hawaii State Government, COVID-19
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... spending their time while social distancing daydreaming about how to restructure society into a progressive paradise ....
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Monday, May 4, 2020 |
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COVID-19: Developing Economic Recovery Scenarios for Hawaii
By UHERO @ 9:57 PM :: 3016 Views :: Economy, COVID-19
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...The unprecedented pause in economic activity has had a profoundly negative impact on Hawaii....
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Monday, May 4, 2020 |
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How FDA and CDC aided coronavirus meltdown
By Grassroot Institute @ 7:47 PM :: 3095 Views :: Economy, COVID-19
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...Hawaii’s economy is suffering enormously because of the coronavirus lockdown, and much of the blame can be traced to the federal Food and Drug Administration and Centers for Disease Control and Prevention....
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Saturday, May 2, 2020 |
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Keli'i Akina Calls for Balanced Approach to Re-opening the Economy
By Keli'i Akina PhD @ 8:41 PM :: 4117 Views :: Economy, Tourism, COVID-19
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... measures that must be taken now before "irreparable damage" is done to Hawaii's economy ....
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Saturday, May 2, 2020 |
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Hawaii Unemployment Claims Jump 2785%
By Selected News Articles @ 4:53 PM :: 3815 Views :: Economy, Labor, COVID-19
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... States with the Biggest Increases in Unemployment Due to Coronavirus ....
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Wednesday, April 29, 2020 |
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City to reopen certain businesses with limitations on May 1
By News Release @ 10:44 PM :: 3789 Views :: Honolulu County, Economy, COVID-19
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...Realtors and car dealers at the top of the list....
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Monday, April 27, 2020 |
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COVID Economics: Who Suffers Most?
By UHERO @ 10:27 PM :: 3255 Views :: Economy, COVID-19
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...COVID-19’s Uneven Impact on Businesses and Workers: Results from a UHERO-Chamber of Commerce Hawaii Survey....
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Friday, April 24, 2020 |
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A 50-State Visual Guide to Unemployment Benefit Claims
By Tax Foundation @ 9:24 PM :: 4279 Views :: Economy, Hawaii Statistics, Labor
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...another 4,267,395 people filed initial unemployment benefit claims during the week ending April 18, the second week of a decline in the rate of new claims, but still among the highest levels in U.S. history....
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Thursday, April 23, 2020 |
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States with the Biggest Increases in Unemployment Due to COVID-19
By Selected News Articles @ 4:12 PM :: 3827 Views :: Economy, Labor, COVID-19
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...Hawaii -- 3009.22% -- Increase in Unemployment Claims (April vs Start of COVID-19 Crisis)....
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Wednesday, April 22, 2020 |
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A Low-Risk Plan to Re-Start Hawaii’s Economy Now
By Andrew Walden @ 2:25 AM :: 7677 Views :: Economy, Small Business, COVID-19
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...To reopen the economy, start with high dollar-per-human-contact businesses—ie the ones nobody is talking about. We don’t need to wait a month to do this....
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Tuesday, April 21, 2020 |
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UHERO: Hawaii Needs Free Money from the Sky to Support Local Economy
By UHERO @ 11:01 PM :: 3319 Views :: Economy, COVID-19
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...tax revenue declines that could easily top 15-20% will almost certainly require reductions in some public programs....
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Tuesday, April 21, 2020 |
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Hawaii is State Slowing Down the Most During the COVID-19 Pandemic
By News Release @ 6:51 PM :: 3845 Views :: Economy, Hawaii Statistics, COVID-19
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...WalletHub compared the 50 states across six key metrics. Each metric measures the percentage point increase or decrease in visits to various types of places due to coronavirus....
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Thursday, April 16, 2020 |
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Hawaii #1 State Hit Hardest by COVID-19’s Impact on Tourism
By Selected News Articles @ 2:45 PM :: 4420 Views :: Economy, Tourism, COVID-19
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...The coronavirus pandemic has wreaked havoc on many of America’s “non-essential” industries....
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Wednesday, April 15, 2020 |
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Wednesday, April 15, 2020 |
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Panos: First Call to Plan for Re-opening the Local Economy in Hawaii
By Panos Prevedouros PhD @ 5:12 PM :: 3685 Views :: Economy, COVID-19
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...some specific steps to re-open sectors of our local economy at specific dates given the tiny rate of infections and hospitalizations in Hawaii....
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Wednesday, April 15, 2020 |
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Petition: Hawaii COVID-19 Unemployment Benefits Not Being Paid!
By News Release @ 3:38 AM :: 5428 Views :: Economy, Hawaii State Government, Labor, COVID-19
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... Department of Labor and Industrial Relations seem to have dropped the ball ....
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Tuesday, April 14, 2020 |
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House Committee: COVID-19 Testing and Reopening Economy
By Video @ 10:10 PM :: 2977 Views :: Economy, COVID-19
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...Their plan includes a two-step process of first reopening the local economy, safely allowing businesses to operate and workers to return to their jobs, followed by the measured return of tourism....
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Tuesday, April 14, 2020 |
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Economist unpacks disruptions to Kauai, Hawaii Island real estate
By News Release @ 10:04 PM :: 5329 Views :: Hawaii County , Kauai County, Economy, Small Business, COVID-19
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...Paul Brewbaker shares his COVID-19 analysis and forecast with a joint meeting of three boards of REALTORS®....
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Sunday, April 12, 2020 |
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Hawaii 12.8% of Workforce on Unemployment
By Tax Foundation @ 4:46 AM :: 4091 Views :: Economy, Labor, COVID-19
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...Hawaii Unemployment Comp funds will run out in 21 weeks....
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Friday, April 10, 2020 |
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Post Corona Recovery: How to Reopen Hawaii's Non-Tourism Economy
By UHERO @ 8:44 PM :: 4504 Views :: Economy, COVID-19
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...77% of Hawaii's Economy Isn't Tourism; Policymakers Can Take Steps To Reopen It....
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