Economy

"...fraudulent applications may be referred to law enforcement....”

... Earnings, which mostly reflect wages and other employee compensation, fell in Hawaii by 7.7% ....

... During the Great Recession, local economies that diversified, tapping into new ideas and innovations, proved to be more resilient than the cities that stuck to their old tricks ....

... As business activity contracted, the state quickly shed more than 150,000 jobs, and the unemployment rate jumped from 2% to 22% ....

... The state where people are most likely to face an expected loss of employment income is Hawaii, at 26.5% ....

... Today, the White House released state-by-state fact sheets (crony dreambooks) that highlight the (allegedly) urgent need in every state across the country for the investments (pork projects) proposed by President Biden in the American Jobs Plan ....

... Hawaii lags the nation’s economic momentum by an astonishing 5.14% ....

... BEA -- Gross Domestic Product by State, 4th Quarter 2020 and Annual 2020 ....

... Keli’i Akina says House members should have aimed to pay off more debt instead of go on a record-breaking spending spree ....

... Hawaii and California had the highest jobless rates in January, at 10.2% and 9.0%, respectively. At the far end of the spectrum, South Dakota and Utah had the lowest rates, each at 3.1% ....

... Statewide, 588,050 were employed and 67,000 unemployed in January for a total seasonally adjusted labor force of 655,050 ....

... Hawaii and Nevada (both up 4.1 percentage points) logged the largest annual increase in overall delinquency rates ....

... Under the American Rescue Plan Act, states would receive $195.3 billion in aid, divided according to each state’s share of national unemployed workers ....

... 1,126 Hawaiʻi business owners share their feedback ....

... Falling virus counts and vaccination progress set the stage for a strengthening visitor industry recovery ....

...DBEDT estimates that Hawaii’s real GDP fell by approximately 7.5 percent in 2020, a smaller decline than the 11.7 percent contraction forecast in the previous quarter....

... Hawaii has seen two of it’s top three economic “pillars” collapse over the past two decades ....

"... At the Legislature, committee hearings have begun in earnest and it doesn’t seem at all like we are in an economic crisis ...."

... but not so much with Corona Virus rates ....

... Honolulu ranks 92nd in STEM-friendliness, 97th in Professional Opportunities, and dead last in STEM wages ....

... House speaker calls Ige’s State of the State address ‘risk averse’ ....

... UHERO second quarterly survey of rental property owners and managers ....

... SWOT Analysis and Action Plan Identify Challenges and Opportunities for Economic Growth ....

... Hawaii's economy was in trouble before the coronavirus lockdowns ....

... I don’t know about you, but I’m ready for a fresh start ....

... Hawaii’s population has been declining over the past four years ....

... Magic Money from the Sky: Hawaii Getting $1.7B from New COVID 'Stimulus' ....

... If only it were possible to fill a stocking with economic freedom and leave lots of new jobs under the tree .... 

... steps state officials could take to turn things around ....

... The number of people leaving in fiscal 2020 was almost 5 times what local economic researchers were predicting just weeks ago ....

...more free money from the sky....

... Hawaii ranks 25th ....

... DHHL has extended the postponement of mortgage loan payments for all DHHL direct loans and loans assigned to the Department for an additional three-month period, through March 31, 2021 ....

... Annual Hawaii Forecast With Global Outlook: Mainland COVID-19 surge means a bleak winter, but vaccines promise 2021 growth ....

... Hawaii’s unemployment insurance system is in crisis, with stalled payments, rampant fraud, and massive debt leading to higher taxes ....

... With a population with a strong demographic base, what has happened to the job situation which makes it so high? The answer in a word is “tourism” ....

...“There are three kinds of lies: lies, damned lies, and statistics.”....

"The improvements ... are mainly attributed to the federal government assistance programs and the starting of the pre-travel testing program for trans-Pacific passengers."

...the looming massive increase in the state’s unemployment insurance tax....

...The largest percentage decline in non-farm payroll occurred in Hawaii (-17.3 percent)....

“Just when you thought we’re sort of getting back to some system of normalcy — not the case!”

...32,000 eligible PUA individuals will receive a preloaded, prepaid card containing $500 in the mail beginning November 20....

...Failure to address the legally required increase could discourage employers from hiring back employees after the lockdowns....

... to get right to the heart of what it means to have a healthy economy ....

...to bail out Hawaii's politicians at the local level, who have been doing little during our prolonged coronavirus lockdowns to trim the state's extravagant spending, despite the collapse of the state's private sector and evaporation of its tax stream....

...As lockdowns are gradually lifted, what is the pathway to restoring Hawaii's economy?....

... $381.2 million in economic output generated, including direct, indirect, and induced effects ....

... Federal-State Extended benefits begin Tuesday, Oct. 27 for Hawaii workers who have exhausted their state and federal jobless benefits ....

... because the state GDP data is released with a three-month lag and undergoes many revisions after its release ....

...Hawaii’s unfunded liabilities for infrastructure and public health benefits have increased so far this year to $97 billion....