Hawaii Has A Lot Of Unemployed People. But Companies Still Can’t Find Help … The labor force has been reduced by workers leaving the state and staying home to supervise children and avoid potential exposure to the virus.
Hawaii’s economy is recovering faster than previously expected, according to the latest forecast by University of Hawaii economists, as built-up savings, pent-up wanderlust and widespread vaccinations in Hawaii and on the U.S. continent are spurring travel to Hawaii – a trend expected to accelerate during the summer.
Combine that with $6 billion in new federal stimulus money headed to the islands, and the near-term situation looks pretty good for the Aloha State.
But dig a little deeper into the University of Hawaii Economic Research Organization’s latest forecast, which is titled “Vaccinations and US Strength Drive Upgraded Hawaii Forecast,” and there’s something that confounds expectations: a workforce that’s not stepping up to meet the slowly but steadily growing demand for workers.
