Unemployment rate steady at 6.4 percent in
Pacific Business News – According to seasonally adjusted figures recently released by the U.S. Bureau of Labor Statistics, Hawai‘i’s unemployment rate remained steady in October for the third consecutive month at 6.4 percent—down from October 2009’s rate of 6.9 percent.Hawai‘i was one of 17 states that didn’t experience any change in unemployment rates last month, and the national jobless rate also remained unchanged at 9.6 percent. This figure is down from 10.1 percent during the same time last year, the report said.
There were 632,700 people in the workforce last month, with 40,600 of them recorded as unemployed. September revealed a workforce of 634,600 people, with 40,400 of them unemployed, according to the bureau’s report. The state’s workforce numbered 635,100, with 44,000 people unemployed, at the same time in 2009.