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Economy
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Saturday, July 18, 2020 |
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Even with Drop in Unemployment, Hawaii Ranks 49th in Bounce Back from COVID
By Selected News Articles @ 11:46 PM :: 3938 Views :: Economy, Hawaii Statistics, COVID-19
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...States Whose Unemployment Rates Are Bouncing Back Most....
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Saturday, July 18, 2020 |
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Follow-Up Survey to Gauge the Business Impact of COVID-19
By News Release @ 1:48 PM :: 4119 Views :: Economy, Small Business, Tourism, COVID-19
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...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 |
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Hawaii Unemployment Rate Drops to 13.9%
By News Release @ 5:32 AM :: 2946 Views :: Economy, Hawaii Statistics
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...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 |
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Hawaii: Only 45% of Adults Working
By News Release @ 4:00 AM :: 3637 Views :: Economy, Hawaii Statistics, COVID-19
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...Employment–population ratio, Hawaii 2nd lowest in USA....
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Wednesday, July 15, 2020 |
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UHERO--Recovery may take decade
By UHERO @ 12:17 AM :: 3136 Views :: Economy, COVID-19
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...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 |
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Legislative Session: The good, the bad and the ugly
By Grassroot Institute @ 5:42 PM :: 4898 Views :: Economy, Hawaii State Government, Taxes, COVID-19
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... donning rose-colored glasses and approaching the budget shortfall as a temporary setback ....
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Friday, July 10, 2020 |
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Jobs Report: Lets Avoid Aggravating the Problem
By News Release @ 11:52 PM :: 3604 Views :: Economy, Small Business, COVID-19
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...the Hawaii Legislature should not make a dismal situation worse....
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Friday, July 10, 2020 |
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COVID Economy: State Much More Susceptible than Counties
By News Release @ 4:31 PM :: 4653 Views :: Economy, Hawaii State Government, Tourism, COVID-19
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"...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 |
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COVID: Half of Households with Children have lost income
By News Release @ 4:52 AM :: 3260 Views :: Economy, COVID-19
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...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 |
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UHERO forecasts dire scenarios for local government budgets
By UHERO @ 4:28 AM :: 3658 Views :: Economy, Hawaii State Government, COVID-19
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...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 |
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The Giant Sucking Sound
By Tom Yamachika @ 5:00 AM :: 3315 Views :: Economy
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...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 |
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DLIR Updates Unemployment Claims Processing Numbers
By News Release @ 5:09 AM :: 4010 Views :: Economy, Labor, COVID-19
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... State Has Issued $803,200,377 in Benefits Since March 1 ....
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Wednesday, June 10, 2020 |
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‘New normal’ requires long-term budget thinking
By Joe Kent @ 11:44 PM :: 3802 Views :: Economy, Hawaii State Government, COVID-19
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...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 |
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Kam Napier: How to strike the right balance in reopening Hawaii economy
By Grassroot Institute @ 8:00 PM :: 3323 Views :: Economy, COVID-19
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... 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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Thursday, June 4, 2020 |
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Honolulu 7th Largest Increase in Unemployment
By Selected News Articles @ 10:59 PM :: 3655 Views :: Economy, Hawaii Statistics, COVID-19
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...Bureau of Labor Statistics recently disclosed that it misclassified many workers on temporary layoffs as “absent from work because of other reasons” rather than “unemployed.” Therefore, the real unemployment rate may be around 33 percent higher than reported....
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Thursday, June 4, 2020 |
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Free Food Giveaways set to conclude
By News Release @ 7:24 PM :: 4655 Views :: Honolulu County, Economy, Labor, COVID-19
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...to provide food assistance to recently unemployed individuals is set to conclude with two remaining food distribution events at Aloha Stadium....
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Wednesday, June 3, 2020 |
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Ige Admin Places 'Reopening Strategy' Online
By News Release @ 10:20 PM :: 3024 Views :: Economy, COVID-19
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...It was developed by the Governor’s Office along with the Hawai‘i Economic and Community Recovery Navigator in collaboration with many government agencies and business sector partners....
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Tuesday, June 2, 2020 |
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VIDEO: How to Save Lives in Hawaii, in 50 Seconds
By Grassroot Institute @ 10:34 PM :: 3134 Views :: Economy, COVID-19
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...if our leaders let their coronavirus lockdowns linger, Hawaii can expect a wave of "deaths of despair"....
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Friday, May 29, 2020 |
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Grassroot: Quarantine Extension Will Delay Economic Recovery
By Grassroot Institute @ 8:32 PM :: 3579 Views :: Economy, COVID-19
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...If Hawaii extends its 14-day quarantine or imposes testing requirements on visitors, this could lead to “a steeper decline in arrivals in 2020 and would likely delay the recovery”....
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Friday, May 29, 2020 |
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How to Reopen Hawaii's Economy--Michael W. Perry Interviews Keli'i Akina
By Grassroot Institute @ 6:24 AM :: 3704 Views :: Economy, COVID-19
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...Roadmap to Prosperity: How Hawaii can recover and even excel after the coronavirus lockdown....
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Thursday, May 28, 2020 |
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UHERO: How Long Will Reopening Take?
By UHERO @ 7:39 PM :: 3105 Views :: Economy, COVID-19
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...The question is what that reopening will look like, how long it will take, and what the legacy of COVID-19 will be for the Hawaii economy....
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Wednesday, May 27, 2020 |
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Blue Crush: How a One-Party State is Crushing the Little Guy
By Selected News Articles @ 7:48 PM :: 5459 Views :: Democratic Party, Economy, Labor, COVID-19
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...The roughly half of the population who cannot work from home are getting screwed over by those who can....
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Saturday, May 23, 2020 |
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DBEDT: Hawaii Economy Will Shrink 12.1% in 2020
By News Release @ 5:15 PM :: 4235 Views :: Economy, Tourism, COVID-19
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...Assume visitor industry will start opening in September 2020 and will recover 30 percent of arrivals (from same month in 2019) in September and 45 percent in December 2020....
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Saturday, May 23, 2020 |
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Grassroot: Hawaii's Roadmap to Prosperity
By Grassroot Institute @ 12:40 AM :: 3955 Views :: Economy, COVID-19
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...proposals regarding how Hawaii can recover and even excel after the state's economically devastating coronavirus lockdown....
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Friday, May 22, 2020 |
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6 in 10 Hawaiʻi adults now live in a household in which at least one person has lost income
By News Release @ 11:32 PM :: 3611 Views :: Economy, Labor, COVID-19
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...According to the United States Census Bureau Household Pulse Survey, released on May 20....
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Friday, May 22, 2020 |
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Hawaii Now 3rd Highest Unemployment in USA
By Selected News Articles @ 4:52 PM :: 4714 Views :: Economy, Hawaii Statistics, Labor, COVID-19
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...only Nevada and Michigan are higher....
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Friday, May 22, 2020 |
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Final Public Health Recovery Task Force Report
By News Release @ 5:46 AM :: 2937 Views :: Economy, COVID-19
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...report by the Hawaiʻi COVID-19 Public Health Recovery Task Force on reopening our economy....
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Thursday, May 21, 2020 |
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Hawaii Unemployment Jumps to 22.3% in April
By News Release @ 2:26 PM :: 3757 Views :: Economy, Labor, COVID-19
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...Jobs declined by 121,800 over-the-month....
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Wednesday, May 20, 2020 |
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Travel-Related Unemployment Hits 51% Just Ahead of Memorial Day
By News Release @ 8:04 AM :: 4157 Views :: Economy, Labor, Tourism, COVID-19
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...Double Nat'l Unemployment at Height of Great Depression....
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Wednesday, May 20, 2020 |
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Roll back government to revive Hawaii’s economy
By Grassroot Institute @ 2:30 AM :: 2947 Views :: Economy, COVID-19
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... like the business closures, curfews, checkpoints and drones ....
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Sunday, May 17, 2020 |
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Hawaii Wastes Thousands of COVID Testing Opportunities Every Day
By Andrew Walden @ 12:13 AM :: 7751 Views :: Economy, Health Care, Tourism, COVID-19
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...Hawaii has a 5,000 test per day capacity, yet access to testing is restricted and day after day only a few hundred tests are performed....
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Saturday, May 16, 2020 |
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Could Hawaii go bankrupt?
By Grassroot Institute @ 11:39 PM :: 6589 Views :: Economy, Hawaii State Government, COVID-19
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...Hawaii’s economy has tanked and local tax revenues are plummeting, leaving the state and counties in danger of going bankrupt — starting with the state's public pension and health-benefits systems....
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Friday, May 15, 2020 |
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The Legislature’s Dangerous Illusion
By Grassroot Institute @ 8:12 PM :: 4530 Views :: Economy, Hawaii State Government, Taxes, COVID-19
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...state policymakers seem to believe that the answer to the worst economic crisis in decades is to borrow and spend — and very likely raise taxes....
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Wednesday, May 13, 2020 |
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Survey: Hawaii Solar installers slowed by COVID-19
By News Release @ 4:54 PM :: 4430 Views :: Energy, Economy, Small Business, COVID-19
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...companies indicated difficulty generating sales, and cited customer uncertainty as a primary driver of declining sales volume....
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Sunday, May 10, 2020 |
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‘Multiplier effect’ is poor justification for increased government spending
By Grassroot Institute @ 3:56 AM :: 4756 Views :: Economy, Hawaii State Government, Taxes, COVID-19
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...if Hawaii’s lawmakers wish to save our state economy from its current freefall, they must not be afraid to reduce state spending....
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Saturday, May 9, 2020 |
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Not done yet with 'Let Hawaii Work' petition
By Grassroot Institute @ 3:09 AM :: 2804 Views :: Economy, COVID-19
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...In just a week, we’ve gathered more than 5,000 signatures from people who are eager to restart the local economy....
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Friday, May 8, 2020 |
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Letter to Governor to Open Up Small Business and Interisland Air Travel
By Panos Prevedouros PhD @ 5:40 PM :: 4610 Views :: Economy, Tourism, COVID-19
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...there is no such thing as non-essential business when it comes to generating jobs and taxes for the state....
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Friday, May 8, 2020 |
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New Hawaii Unemployment Claims Still Running 1338% Above Last Year
By Selected News Articles @ 5:33 AM :: 4028 Views :: Economy, Hawaii Statistics, Labor, COVID-19
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...Refers to the increase in the number of unemployment insurance initial claims in the week of April 27, 2020 compared to the week of April 29, 2019....
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Friday, May 8, 2020 |
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Hawaii Women's Commission 'Could be Easily Dismissed' ... but
By Selected News Articles @ 4:34 AM :: 3794 Views :: Economy, Hawaii State Government, COVID-19
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... spending their time while social distancing daydreaming about how to restructure society into a progressive paradise ....
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Monday, May 4, 2020 |
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COVID-19: Developing Economic Recovery Scenarios for Hawaii
By UHERO @ 9:57 PM :: 3188 Views :: Economy, COVID-19
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...The unprecedented pause in economic activity has had a profoundly negative impact on Hawaii....
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Monday, May 4, 2020 |
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How FDA and CDC aided coronavirus meltdown
By Grassroot Institute @ 7:47 PM :: 3242 Views :: Economy, COVID-19
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...Hawaii’s economy is suffering enormously because of the coronavirus lockdown, and much of the blame can be traced to the federal Food and Drug Administration and Centers for Disease Control and Prevention....
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Saturday, May 2, 2020 |
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Keli'i Akina Calls for Balanced Approach to Re-opening the Economy
By Keli'i Akina PhD @ 8:41 PM :: 4288 Views :: Economy, Tourism, COVID-19
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... measures that must be taken now before "irreparable damage" is done to Hawaii's economy ....
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Saturday, May 2, 2020 |
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Hawaii Unemployment Claims Jump 2785%
By Selected News Articles @ 4:53 PM :: 3984 Views :: Economy, Labor, COVID-19
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... States with the Biggest Increases in Unemployment Due to Coronavirus ....
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Wednesday, April 29, 2020 |
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City to reopen certain businesses with limitations on May 1
By News Release @ 10:44 PM :: 3971 Views :: Honolulu County, Economy, COVID-19
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...Realtors and car dealers at the top of the list....
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Monday, April 27, 2020 |
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COVID Economics: Who Suffers Most?
By UHERO @ 10:27 PM :: 3449 Views :: Economy, COVID-19
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...COVID-19’s Uneven Impact on Businesses and Workers: Results from a UHERO-Chamber of Commerce Hawaii Survey....
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Friday, April 24, 2020 |
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A 50-State Visual Guide to Unemployment Benefit Claims
By Tax Foundation @ 9:24 PM :: 4528 Views :: Economy, Hawaii Statistics, Labor
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...another 4,267,395 people filed initial unemployment benefit claims during the week ending April 18, the second week of a decline in the rate of new claims, but still among the highest levels in U.S. history....
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Thursday, April 23, 2020 |
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States with the Biggest Increases in Unemployment Due to COVID-19
By Selected News Articles @ 4:12 PM :: 4006 Views :: Economy, Labor, COVID-19
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...Hawaii -- 3009.22% -- Increase in Unemployment Claims (April vs Start of COVID-19 Crisis)....
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Wednesday, April 22, 2020 |
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A Low-Risk Plan to Re-Start Hawaii’s Economy Now
By Andrew Walden @ 2:25 AM :: 7922 Views :: Economy, Small Business, COVID-19
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...To reopen the economy, start with high dollar-per-human-contact businesses—ie the ones nobody is talking about. We don’t need to wait a month to do this....
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