Source: Department of Business, Economic Development & Tourism Research and Economic Analysis Division, April 2018
From the press release:
The Department of Business, Economic Development and Tourism (DBEDT) released a report today, “Hawaii’s Working Population: An Analysis by Industry 2012-2016,” which shows the general demographic, social, and economic characteristics of Hawaii working population by industry.
“The report shows the structure of our industry from the employment perspective. The top two industries, Accommodation and Food Services and Retail Trade, are closely related to tourism and employed one fourth of our total working population,” said DBEDT Director Luis P. Salaveria. “It is encouraging that Hawaii employees in the Accommodation and Food Services sector were paid better than their counterparts in the nation.”
Hawaii’s average labor earnings and wages, in general, are lower than the U.S. average. Females made less income than males in almost all the industries. “The analysis in this report may be helpful for those planning to enter the labor market,” said Chief State Economist Dr. Eugene Tian “However, most of the statistics are averages for the industry combining all the occupations. We are working on another analysis looking at the characteristics of Hawaii’s working population by occupation.”….
PRICED OUT OF PARADISE
Source: Hawaii News Now, 2018
With our ongoing series, “Priced out of Paradise,” Hawaii News Now is exploring Hawaii’s high cost of living and why so many island families are struggling to make ends meet. Join the conversation on social media with the hashtag #HICostofLiving.
Report: In Honolulu, $40K salary now considered ‘very low income’
Source: Mileka Lincoln, Hawaii News Now, April 23, 2018
The U.S. Department of Housing and Urban Development has released its income limits for 2018 — a calculation that is used to determine who can qualify for affordable and subsidized housing programs, and also helps establish fair market rent. HUD income limits in Hawaii are increasing substantially — in some cases by more than 10 percent — as the cost of living jumps each year. This means more people are qualifying for public assistance through housing vouchers or Section 8 placement, but those options are still as limited as before. According to HUD, as of 2018, low income for a single person in Honolulu is someone making up to $65,350. Just a year ago, it was $58,600. That’s a nearly $7,000 increase from 2017.