Sunday, November 29, 2020
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Wednesday, November 25, 2020
Unemployment Tax Blues
By Video @ 10:31 PM :: 294 Views :: Economy, Small Business, Taxes, COVID-19

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

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Friday, November 20, 2020
October: Hawaii highest unemployment in USA, 14.3%
By News Release @ 6:17 PM :: 487 Views :: Economy, Hawaii Statistics, Labor

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

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Thursday, November 19, 2020
‘A massive tidal wave is going to hit Hawaii businesses next year’
By Video @ 12:24 PM :: 1421 Views :: Economy, Small Business, COVID-19

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

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Monday, November 16, 2020
32,000 New Restaurant Cards go to PUA
By News Release @ 5:03 PM :: 824 Views :: Economy, COVID-19

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

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Monday, November 16, 2020
State unemployment tax slated to automatically triple in 2021
By Grassroot Institute @ 3:52 AM :: 676 Views :: Economy, Hawaii State Government, Labor, Small Business, COVID-19

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

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Saturday, November 14, 2020
Today is your lucky day!
By Grassroot Institute @ 6:53 PM :: 446 Views :: Economy, COVID-19

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

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Friday, November 13, 2020
Federal aid is not the cure
By Grassroot Institute @ 3:09 PM :: 491 Views :: Economy, COVID-19

...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....

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Monday, November 9, 2020
Hawaii's economy after the lockdowns
By Video @ 10:31 PM :: 547 Views :: Economy, COVID-19

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

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Saturday, November 7, 2020
DBEDT: International Students Contribute $381M to Economy in 2019
By News Release @ 9:48 PM :: 420 Views :: Economy, Hawaii Statistics, Higher Education

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

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Monday, October 26, 2020
Hawaii gets 13 more weeks of unemployment
By News Release @ 11:19 PM :: 902 Views :: Economy, Labor, COVID-19

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

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Friday, October 16, 2020
UHERO: Pandemic upends economic analysis
By UHERO @ 6:16 PM :: 603 Views :: Economy, COVID-19

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

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Thursday, October 15, 2020
COVID: Hawaii debt increases by $9 billion
By Grassroot Institute @ 11:12 PM :: 687 Views :: Economy, Hawaii State Government, Hawaii Statistics, COVID-19

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

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Saturday, October 10, 2020
27,000 Hawaii workers exhausted jobless benefits in September
By News Release @ 5:19 PM :: 952 Views :: Economy, Hawaii Statistics, Labor

... Hawaii 2020 unemployment claims surpass 380,000 ....

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Saturday, October 10, 2020
How to stop the exodus
By Grassroot Institute @ 6:04 AM :: 1060 Views :: Economy, Cost of Living, COVID-19

...Hawaii’s negative migration of the past several years in a row is going to accelerate....

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Friday, October 9, 2020
Ige Grade 'D' -- Fiscal Policy Report Card on America’s Governors 2020
By Cato Foundation @ 3:28 AM :: 870 Views :: Economy, Hawaii State Government, Taxes

...Hawaii’s general fund spending rose a hefty 5.7 percent in 2020, thus reducing the governor’s score in this report....

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Thursday, October 8, 2020
Great Lockdown Crash of 2020 is wake-up call for Hawaii lawmakers
By Grassroot Institute @ 4:57 AM :: 1089 Views :: Economy, Tourism, COVID-19

...Hawaii’s leading industry, tourism, has virtually disappeared; unemployment is at historic highs; hundreds, if not thousands, of businesses have permanently closed; state and county tax revenues have evaporated....

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Tuesday, October 6, 2020
Employment Recovery: Nobody Lags Like Hawaii
By News Release @ 11:27 PM :: 1005 Views :: Economy, Hawaii Statistics, Labor, COVID-19

...Hawaii has recovered just 13% of the jobs lost since the start of the pandemic....

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Monday, October 5, 2020
UHERO Hawaii renters already leaving for Mainland
By UHERO @ 8:50 PM :: 956 Views :: Economy, Hawaii Statistics, Small Business, COVID-19

... Prior to COVID-19, our respondents reported a roughly 4% vacancy rate .... In August, however, this number jumped to 9% ....

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Sunday, October 4, 2020
UHERO: Tourism bounce back will be slow
By UHERO @ 4:48 AM :: 957 Views :: Economy, Tourism, COVID-19

...UHERO report illustrated a dark forecast—worse than the aftermath of 9/11—for travel and tourism in Hawaiʻi, across the U.S. and around the world....

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Saturday, September 26, 2020
UHERO: Failed Response to COVID Resurgence Stopped Economic Recovery
By UHERO @ 12:30 PM :: 605 Views :: Economy, COVID-19

...Our baseline forecast now sees meaningful economic recovery delayed until the middle of next year, and an attenuated recovery period thereafter....

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Friday, September 25, 2020
Pollyana approach not working
By Grassroot Institute @ 8:08 PM :: 787 Views :: Economy, Hawaii State Government, Labor, COVID-19

... At the beginning of the year, our governor boasted about his efforts to put the state on a “sound financial footing.” What a difference a few months can make ....

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Saturday, September 19, 2020
Hawaii Lost the Most Construction Jobs Between July and August
By News Release @ 3:25 AM :: 875 Views :: Economy, Hawaii Statistics

...Hawaii lost the highest percentage (-3.5 percent, -1,300 jobs) of construction jobs for the month....

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Friday, September 18, 2020
Hawaii Unemployment Drops to 12.5% as Workers Leave Workforce
By News Release @ 6:21 PM :: 959 Views :: Economy, Hawaii Statistics, Labor

...Jobs declined by 105,200 over-the-year....

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Monday, September 14, 2020
Low Income Hawaii Workers Income Jumped in April and May
By News Release @ 11:26 PM :: 768 Views :: Economy, Hawaii Statistics, Labor, COVID-19

...Hawaii was the second-most-dependent state on the additional $600 in unemployment benefits that expired at the end of July.....

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Saturday, September 5, 2020
45 Companies--13,701 Layoffs Since Aug 1
By Selected News Articles @ 10:17 PM :: 1626 Views :: Economy, Labor, Tourism, COVID-19

...These notices only represent announcements by companies in the state that have 100 or more employees....

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Wednesday, September 2, 2020
DBEDT: Hawaii economy will contract 12.3% in 2020
By News Release @ 5:47 PM :: 966 Views :: Economy, COVID-19

...The revision is mainly due to the delayed pre-test program for trans-Pacific travel and the two-week Stay-at-Home, Work-from-Home order for Oahu....

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Friday, August 21, 2020
Hawaii Unemployment 13.1% -- Thousands Quit Looking
By News Release @ 8:17 PM :: 926 Views :: Economy, Hawaii Statistics, Labor

... The unemployment rate would have been much higher except that there were nearly 30,000 fewer people in the labor force than a year ago ....

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Wednesday, August 19, 2020
Caldwell Announces More COVID Restrictions--Targets Non-Economic Activity
By News Release @ 3:36 AM :: 1098 Views :: Honolulu County, Economy, Small Business, COVID-19

...Caldwell said at the news briefing that county and state leaders discussed the modified restrictions for O‘ahu over the past five days, trying to decide whether to use a scalpel or a hammer. “We’ve chosen a scalpel,” Caldwell said....

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Monday, August 17, 2020
Hawaii Mortgage Delinquencies Jump 5.25%
By News Release @ 8:05 PM :: 1240 Views :: Economy, Hawaii Statistics, COVID-19

... Hawaii 5th largest quarterly increase in overall delinquency rate ....

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Saturday, August 15, 2020
​Lockdown reveals Hawaii's economic house of cards
By Grassroot Institute @ 1:42 AM :: 1768 Views :: Economy, Hawaii State Government, COVID-19

...Growing the budget and approving government employee pay raises when Hawaii is running out of money is an unsustainable way to run a state....

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Friday, August 14, 2020
Survey update shows widespread hardship for local businesses
By UHERO @ 10:31 PM :: 1043 Views :: Economy, Hawaii Statistics, Small Business, COVID-19

...With the exception of jobs in information technology and other services, no industry category saw a meaningful increase from the devastating April 2020 job numbers....

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Sunday, August 9, 2020
How We’re Going to Spend CARES Act Money
By Tom Yamachika @ 5:00 AM :: 1114 Views :: Economy, COVID-19

...In the meantime, the unemployed need to survive without any plus-up at all....

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Saturday, August 8, 2020
Will pandemic keep Hawaiʻi residents from moving away?
By UHERO @ 10:09 PM :: 1125 Views :: Economy, Hawaii Statistics, COVID-19

...due to the increased difficulty of navigating a trans-Pacific move. There is also fear of a spike in COVID-19 cases in states such as California and Texas....

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Saturday, August 1, 2020
161,000 Hawaii Unemployed Fall off Cliff at Midnight?
By Rep Gene Ward @ 5:20 AM :: 1176 Views :: Economy, Labor

"...At the stroke of midnight tonight (July 31) there will be over 161,000 Hawaii residents about to fall off the federal unemployment cliff and there appears to be no solution at hand...."

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Tuesday, July 28, 2020
Stimulate the Economy--Get a Job!
By News Release @ 4:52 AM :: 1057 Views :: Economy, Small Business, COVID-19

... more than 16,000 jobs are available across the state. Top positions included retail salesperson, network and systems administrator and security guard ....

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Saturday, July 18, 2020
Even with Drop in Unemployment, Hawaii Ranks 49th in Bounce Back from COVID
By Selected News Articles @ 11:46 PM :: 1098 Views :: Economy, Hawaii Statistics, COVID-19

...States Whose Unemployment Rates Are Bouncing Back Most....

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Saturday, July 18, 2020
Follow-Up Survey to Gauge the Business Impact of COVID-19
By News Release @ 1:48 PM :: 959 Views :: Economy, Small Business, Tourism, COVID-19

...which measures changes in employment and employee wages, monthly revenue and revenue sources, current state of operations and plan for trans-Pacific tourism opening, impact of the Paycheck Protection Program (PPP) and business outlook....

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Friday, July 17, 2020
Hawaii Unemployment Rate Drops to 13.9%
By News Release @ 5:32 AM :: 905 Views :: Economy, Hawaii Statistics

...individuals are classified as employed, unemployed, or not in the labor force based on questions about their activities during the survey reference week (June 7th through June 13th)....

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Thursday, July 16, 2020
Hawaii: Only 45% of Adults Working
By News Release @ 4:00 AM :: 1098 Views :: Economy, Hawaii Statistics, COVID-19

...Employment–population ratio, Hawaii 2nd lowest in USA....

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Wednesday, July 15, 2020
UHERO--Recovery may take decade
By UHERO @ 12:17 AM :: 1025 Views :: Economy, COVID-19

...the state’s total employment rate, as well as its unemployment rate, will not return to its pre-pandemic level until 2029....

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Saturday, July 11, 2020
Legislative Session: The good, the bad and the ugly
By Grassroot Institute @ 5:42 PM :: 1341 Views :: Economy, Hawaii State Government, Taxes, COVID-19

... donning rose-colored glasses and approaching the budget shortfall as a temporary setback ....

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Saturday, July 11, 2020
DLIR Rejects 73,438 Invalid Unemployment Claims
By News Release @ 3:45 AM :: 1450 Views :: Economy, Hawaii Statistics, Law Enforcement, COVID-19

...151,071 valid claims are being paid....

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Friday, July 10, 2020
Jobs Report: Lets Avoid Aggravating the Problem
By News Release @ 11:52 PM :: 819 Views :: Economy, Small Business, COVID-19

...the Hawaii Legislature should not make a dismal situation worse....

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Friday, July 10, 2020
COVID Economy: State Much More Susceptible than Counties
By News Release @ 4:31 PM :: 1527 Views :: Economy, Hawaii State Government, Tourism, COVID-19

"...The revenue profiles of the state and the city and county are quite different. The state is much more exposed to volatile revenue sources such as general excise tax and transient accommodation tax (TAT)...."

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Saturday, June 27, 2020
COVID: Half of Households with Children have lost income
By News Release @ 4:52 AM :: 758 Views :: Economy, COVID-19

...51% of respondents in households with at least one child report their income has declined since the start of COVID-19....

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Saturday, June 20, 2020
UHERO forecasts dire scenarios for local government budgets
By UHERO @ 4:28 AM :: 1056 Views :: Economy, Hawaii State Government, COVID-19

...A grim financial outlook is on the horizon for the state of Hawaiʻi due to the impact of COVID-19....

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Sunday, June 14, 2020
The Giant Sucking Sound
By Tom Yamachika @ 5:00 AM :: 1590 Views :: Economy

...Carl Bonham told lawmakers that we’re going to lose another 30,000 people in just two years. A more pessimistic scenario assumes we are going to lose that 30,000 people in ONE year....

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Thursday, June 11, 2020
DLIR Updates Unemployment Claims Processing Numbers
By News Release @ 5:09 AM :: 1193 Views :: Economy, Labor, COVID-19

... State Has Issued $803,200,377 in Benefits Since March 1 ....

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Wednesday, June 10, 2020
‘New normal’ requires long-term budget thinking
By Joe Kent @ 11:44 PM :: 1057 Views :: Economy, Hawaii State Government, COVID-19

...threw Gov. Ige’s multiyear budget off target by a total of $26 billion between fiscal years 2020 and 2025....

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Sunday, June 7, 2020
Kam Napier: How to strike the right balance in reopening Hawaii economy
By Grassroot Institute @ 8:00 PM :: 1058 Views :: Economy, COVID-19

... Napier has encouraged his readers to think critically about how our state and counties have responded to the public health threat ....

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