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Unemployment rate fall to 4.6% in June

MEDIA RELEASE

The state Department of Labor and Industrial Relations has announced that the seasonally adjusted unemployment rate for June declined to 4.6 percent, from 4.7 percent in May. The last time the unemployment rate was 4.6 percent was in September 2008.

Statewide, there were 617,250 employed and 29,700 unemployed in June, for a total seasonally adjusted labor force of 646,950. Nationally, the seasonally adjusted unemployment rate was 7.6 percent in June, unchanged from May.

Initial claims and weeks claims decreased by 48 or -2.5% and by 1,796 or -13.0% consecutively for unemployment benefits compared to one year ago.

Over-the-month both initial claims and weeks claims increased by 2.6% and 1.9% consecutively in May 2013.

The unemployment rate figures for the State of Hawaii and the U.S. in this release are seasonally adjusted, in accordance with the U.S. Bureau of Labor Statistics (BLS) methodology. The not seasonally adjusted rate for the State increased to 5.2 percent in June from 4.5 percent in May.

Unemployment201306

Industry Payroll Employment (Establishment Survey)

In another measure of employment, total seasonally adjusted nonagricultural jobs increased by 200 in June over May.

Among major industry sectors, there were job gains in Leisure & Hospitality (+1,700), Other Services (+500), Professional & Business Services (+300), and Financial Activities (+200). Most of the rise in employment in Leisure & Hospitality occurred in Food & Drinking Places.

Job losses were experienced in Manufacturing (-100), Construction (-200) Educational & Health Services (-700), and Trade, Transportation, & Utilities (-900).

Educational & Health Services were affected by more pronounced seasonal staffing declines in private Elementary & Secondary Schools and in Social Assistance.

Regarding Trade, Transportation, & Utilities, it is anticipated there will be a strong upward revision when delayed Air Transportation employer data becomes available.

Government dipped by 300 jobs.

Over-the-year, Leisure & Hospitality has added the most jobs (+3,600), while Construction has grown by the highest percentage (+8.2 percent).

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