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Jobless rate in Maui County was 2.7% in October

The Maui News

Maui County’s jobless rate remained steady at 2.7 percent in October, the same level as it was the previous month and at the same time last year.

Unemployment rates were 2.6 percent on Maui island, 6.5 percent on Molokai and 1.4 percent on Lanai, according to a state Department of Labor and Industrial Relations news release on Monday. All were at the same rate in October 2018 except for Lanai, whose jobless rate was then 1.7 percent.

Of the four counties, Hawaii County had the highest unemployment rate of 3.6 percent last month. Kauai and Maui counties were tied at 2.7 percent, followed by the City and County of Honolulu at 2.4 percent.

Seasonally adjusted numbers — which account for summer and holiday season hiring — were not yet available for individual counties.

Statewide, the unemployment rate in October was 2.6 percent (not seasonally adjusted) and 2.7 percent (seasonally adjusted), the same rate it’s been for the past three months.

Nationwide, the jobless rate was 3.3 percent (not seasonally adjusted) and 3.6 percent (seasonally adjusted).

The seasonally adjusted labor force across Hawaii was 661,400 in October, of which 643,700 were employed and 17,700 were not. At the same time a year ago, the labor force totaled 677,600, with 659,850 employed and 17,750 out of work.

From September to October, total nonagricultural jobs decreased by 100. Job gains occurred in professional and business services (500), education and health services (400), leisure and hospitality (200) and financial activities (100). Job losses occurred in trade, transportation and utilities (700), where the greatest drop in employment was in retail trade; construction (400); manufacturing (100); and other services (100). Employment in the information sector remained unchanged, and government jobs also remained stable.

Overall, total nonagricultural jobs in October were up by 5,600, or 0.9 percent, as compared to the same time as last year.

Of all the nonagricultural jobs in the state, 78,400 were in the Kahului-Wailuku-Lahaina metropolitan statistical area, about a 1.7 percent increase over the 77,100 jobs in the same area in October 2018.

Across the state in October, initial claims for unemployment benefits dipped by 265, or 17.8 percent, while weeks claims fell 569, or 8.5 percent, as compared to October 2018. Over-the-month initial claims went up by 15.3 percent while weeks claims declined by 3.5 percent.