Howzit Howard - October 21, 2011 - Hawaii News Now - KGMB and KHNL

Howzit Howard - October 21, 2011

(HawaiiNewsNow) - Hawaii unemployment is now 6.4% (with seasonal adjustment) or 6.6% (without). Both numbers got two-tenths of a percent worse from August to September.

Oahu unemployment remains below 6% while Molokai joblessness spiked almost to 17%. These two islands have higher jobless rates now than they did a year ago.

More recent jobless claims data, from last week, showed an increase in total claims but a decline in new ones. Hotel occupancy remains 80% on Oahu, very strong for the off-season. Kauai and Maui are both more than two thirds full, selling more of their hotel rooms than Los Angeles or Orlando. Big Island occupancy has fallen below 60%.

And there is more information on the Makaha Resort: its Canadian owners, in confirming closing at the end of the month, say they have not yet been able to line up financing, but plan a condo conversion.

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