The unemployment rate is so low, businesses must recruit, adapt
LIHUE — State unemployment rates have reached their lowest numbers on record — and while that’s good, it can also be a problem.
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1.8% unemployment on a small island is not a positive economic sign it is a red light that signifies long term, persistent problems.
With proposed flight increases for 2018 we will have one visitor for every two residents in our “house” on any average day. (Currently 65,930 residents and 29,437 visitors on any average week).
That’s like your local family of four has two guests in the house every night of the year. The guests do not make their beds, clean their toilets, cook their meals, do their dishes or help in the yard. You would like to hire domestic help to service your visitors. Unfortunately there is no help available because there is no place for them to live.
I say use the HTA budget to improve visitor experience (add housing to increase labor pool) rather than to stupidly bring more visitors to an island that should have a “No Vacancy” sign hung up at the airport.
As long as the tourism departments gets more and more of our tax money to bring in more visitors, we will continue to need more employees. When are they going to realize that we are paying higher taxes to give these departments more money to bring in more people spending more money so we can overpopulate our islands and fill it with things we do not need. Reduce, Reduce, Reduce and you will see a happy island with good sustainable jobs instead of a false economy run by our tax dollars and the tourist’s dollars. It’s a mad circle that our leaders just cannot grasp.
If the truth be known, take a look at the U6 rate, instead of the U3, which is what the media blares. gallup.com and a few other sites put the REAL unemployment quite higher.
The U3 is propaganda, folks, propaganda. Work one hour a week? Guess what? You’re employed!
Good article. But I suggest more in the way of vomitory. Wage earners. It’s almost the holidays and hiring again are the shopping malls for help. This would be most desirable situation to be in, added work for the holidays and extra money.
I agree that its becoming more difficult to find jobs, not only employment but high paying as well.
Currently residing in Virginia I see others with 2 jobs or sources of income, which means less time to enjoy the fruits of your labor.
Virginia’s seasonally adjusted unemployment rate was down 0.1 percentage point in October to 3.6 percent, the second consecutive monthly decline, and was down 0.5 percentage point from a year ago. October’s unemployment rate of 3.6 percent was the lowest rate since the March 2008 rate of 3.6 percent. Household employment expanded slightly to 4,181,517, the 34th consecutive monthly increase and a new record high.
Regardless of how much flucuation the employment rate does, the need and trend to work online has grown substancially and the future of earning income online far exceeds traditional sources.
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