#Job Losses

Maui’s unemployment rate in January was 3.4%, down from the 3.5% reported the previous month, according to new data released by the state Department of Business, Economic Development and Tourism. The seasonally adjusted unemployment rate for the state in January was 3%. That’s the same as the previous six consecutive months after benchmark revision. In […]

Mayor Richard Bissen’s proposed elimination of transient vacation rentals in Maui County’s apartment-zoned districts is expected to lead to more available long-term rental and for-sale housing, although the high dollar value of apartments in coastal resort areas mean there “may be issues” about their affordability.

On Maui Island, unemployment climbed to 8.4% in September 2023, a 3.7% increase from August 2023 and a 4.6% increase from a year ago, according to statistics released by the Hawai‘i State Department of Business, Economic Development and Tourism.

On Maui, the county rate increased to 3.1% in June, compared to 2.5% in May. Maui Island’s unemployment rate was 3.0% in June, up from 2.5% in May. The outer islands of Molokaʻi and Lānaʻi also saw increased rates of 7.0% and 2.0% respectively. Molokaʻi continues to have the state’s highest unemployment, while Lānaʻi has the lowest rate.

Maui County’s unemployment rate in March was 4.3%, down from the 4.7% reported in February, and the 8% rate from March of 2021.

Maui County’s 3.3% unemployment rate for March dropped to 2.9%, down from the 3.1% reported in February, and the 3.2% reported at the same time last year.

Hawai’i’s economic recovery has begun according to the latest economic    forecast released by the University of Hawaii Economic Research Organization. The Spring report says employment is stabilizing, with many sectors expected to add modest numbers of jobs as the year progresses. While growth is resuming, the pace of recovery—according to the report—will be slow.  […]