HONOLULU (HawaiiNewsNow) - The seasonally adjusted jobless rate nationwide was 9.10 but the real jobless rate was 10.2. Hawaii, 6.9 seasonally adjusted, was really 6.8. Unemployment fell one tenth on Oahu and nine tenths on Lanai, but rose to almost nine on Maui, Kauai more than nine, Big Island more than ten.
Hawaii retail vacancy has risen to almost four percent, the highest in four years. CB Richard Ellis says tenants are pretty much holding the line on asking rents, but are making other kinds of concessions like buildouts and grace periods.
Amid concerns about gypsy contractors, Governor Lingle has signed a bill that requires licensed electricians and plumbers to display their license while on a construction site.
The Hawaii Lumber Products Association has named its 2010 Board of Directors...The president: Jeff Browning of Sause Brothers...Vice president, Hap Person of Honolulu Wood Treating...With other board members from Gentry Builders, Actus Lend Lease, D.R. Horton, Honsador and other companies.
I didn't get to this Friday but wanted you to know that students from Iolani won both divisions of the Hawaii Economics Challenge, going to the regionals on the mainland will be Dick Rankin's students Mark Grozen-Smith, Sean Cockey, Jesse Franklin-Murdoch, Vlaidmir Bernstein and Andrew Ellison. And Richie Kibota's students Stratford Goto, Kirsten Peterson, Joprdan Rubio, Iris Kuo and Stephen Yee.
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