Jobless rate decreases in August

Jobless rate decreases in August

LIHU‘E — Steady hiring in key sectors of the island economy helped push the unemployment rate down a full percentage point last month, when compared with the same period last year. The jobless rate dropped to 2.7 percent in August from 3.7 percent in August 2022, according to monthly data released by the Hawai‘i Department of Business, Economic Development &Tourism. The most recent reading was the lowest among the four major islands in Hawai‘i. …