Updated at 1:11 p.m., Friday, July 20, 2007
Hawaii unemployment rate drops to 2.4% in June
Advertiser Staff
Hawai'i had a 2.4 percent seasonally adjusted unemployment rate for June, down from 2.5 percent both last month and in June 2006. Hawai'i was tied with Montana for the lowest unemployment rate in the nation. The unemployment rate nationally was 4.5 percent for the third month in a row.For the first half of the year, Hawai'i's seasonally adjusted unemployment rate has averaged 2.4 percent, the state Department of Labor and Industrial Relations said.
In June, the labor force totaled 653,100, including 637,350 employed and 15,750 unemployed. Over the year, the number of employed has expanded by 10,050, or 1.6 percent, while the number of unemployed has gone down by 550, or 3.4 percent.