The Hawaiʻi State Department of Business, Economic Development and Tourism (DBEDT) announced that the seasonally adjusted unemployment rate for September was 2.5%. This figure, as reported by KHON2, reflects a stable labor market within the state. This is especially noteworthy when considering the national unemployment rate, which was, according to a recent report by the U.S. Bureau of Labor Statistics (BLS), 4.4% in September 2025.
The consistent performance of the Hawaiian labor market is crucial for local entrepreneurs and investors. A lower unemployment rate generally indicates a healthier economy, which can lead to increased consumer spending, greater business investment, and a more stable environment for startups. A separate measure of employment showed gains in sectors such as Leisure & Hospitality and Trade, Transportation & Utilities, though some sectors experienced job losses. The state's unemployment rate has remained relatively stable for several months, providing a degree of confidence to businesses operating in the state, as mentioned in a similar report from DBEDT. This financial stability aids business owners in making the best choices.
While the overall economic outlook includes elements of potential global challenges, Hawaii's ability to maintain a competitive advantage in this environment shows a solid foundation for both existing companies and those wanting to launch new ventures. The state's economy, as detailed in Maui Now's assessment, is also poised for gradual growth, thanks to its diverse economy and an unemployment rate that outperforms the national average.
