Maui Unemployment Rate at 3.3% in AugustWendy Osher · September 19, 2016, 3:58 PM HST (Updated September 19, 2016, 3:58 PM) · 0 Comments
Maui County’s 3.3% unemployment rate for August was down slightly from the 3.6% reported a month earlier, and the 3.5% reported at the same time last year.
The new data was released today by the state Department of Labor and Industrial Relations.
Unemployment rates in Maui County decreased on all islands including Maui, Molokaʻi and Lānaʻi from month before levels.
Lānaʻi’s rate of 5.8% was down from the 6.7% rate recorded a month before, and up significantly from the 3.2% rate recorded at the same time last year.
The Island of Maui in Maui County recorded a 3.2% unemployment rate in July 2016, down from the 3.4% rate recorded in July, and the 3.3% rate reported in August of last year.
Molokaʻi continued to have the state’s highest unemployment rate of 7.9%–down from the 9.3% rate in July, and the 10.1% rate recorded at the same time last year.
The department reports industry employment gains in several areas including the following job expansions: 1,200 jobs in Professional & Business Services, 100 jobs in Construction, 100 jobs in Trade, Transportation, & Utilities, 100 jobs in Financial Activities and 100 jobs in Educational & Health Services.
Job losses were reported in several sectors including: 200 jobs in Manufacturing, 200 jobs in Other Services, and 300 jobs in Leisure & Hospitality.
According to the new data, there were 660,900 employed and 23,550 unemployed individuals in the state in August, which combines for a total seasonally adjusted labor force of 684,450.
Nationally, the seasonally adjusted unemployment rate was 4.9 percent in August, the same as in July.