Hawaii jobless rate fell to 2.8% in May

Hawaii jobless rate fell to 2.8% in May

Hawaii’s unemployment rate, which ranks among the lowest in the nation, dipped in May to 2.8% to mark its lowest level in nearly two years. The previous time the jobless rate hit 2.8% was in July 2023. Until hitting 2.8% in May, the seasonally adjusted jobless rate had remained at 2.9% for two straight months after holding at 3.0% for the previous eight months Hawaii’s 2.8% unemployment rate in May was tied for the fourth lowest in the nation an…