Unemployment Rate in Hawaii
HIUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-3.45%
Date Range
1/1/1976 - 6/1/2025
Summary
The Unemployment Rate in Hawaii tracks the percentage of the civilian labor force in Hawaii that is jobless but actively seeking employment. This metric is a key indicator of the state's economic conditions and labor market health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Unemployment Rate in Hawaii represents the share of the civilian labor force in the state that is without a job but has actively looked for work within the past four weeks. It is a widely-used gauge of economic activity and labor market trends in Hawaii.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Unemployment Rate in Hawaii is closely monitored by policymakers, economists, and businesses to assess the strength of the state's economy.
Key Facts
- Hawaii's unemployment rate peaked at 22.4% in April 2020 during the COVID-19 pandemic.
- The state's unemployment rate has trended downward since the pandemic's peak, reaching 4.2% as of December 2022.
- Tourism is a major driver of Hawaii's economy, making the state's labor market sensitive to changes in travel and leisure activity.
FAQs
Q: What does the Unemployment Rate in Hawaii measure?
A: The Unemployment Rate in Hawaii tracks the percentage of the civilian labor force in the state that is jobless but actively seeking employment.
Q: Why is the Unemployment Rate in Hawaii relevant for users or analysts?
A: The Unemployment Rate in Hawaii is a key indicator of the state's economic conditions and labor market health, closely monitored by policymakers, economists, and businesses.
Q: How is the Unemployment Rate in Hawaii data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is the Unemployment Rate in Hawaii used in economic policy?
A: The Unemployment Rate in Hawaii is used by policymakers, economists, and businesses to assess the strength of the state's economy and labor market.
Q: Are there any update delays or limitations for the Unemployment Rate in Hawaii data?
A: The Unemployment Rate in Hawaii data is published monthly with a relatively short delay, providing timely insight into the state's labor market conditions.
Related Trends
Industrial Carbon Dioxide Emissions, Distillate Fuel for Hawaii
EMISSCO2VDFICBHIA
All Employees: Transportation and Utilities: Air Transportation in Hawaii
SMU15000004348100001SA
Chain-Type Quantity Index for Real GDP: Chemical Manufacturing (325) in Hawaii
HICHEMMANQGSP
Real Gross Domestic Product: Information (51) in Hawaii
HIINFORQGSP
Forestry, Fishing, Related Activities, and Other Earnings in Hawaii
HIEFOR
Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Hawaii
HIPCEVEH
Citation
U.S. Federal Reserve, Unemployment Rate in Hawaii (HIUR), retrieved from FRED.