Insured Unemployment Rate in Hawaii
HIINSUREDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.97
Year-over-Year Change
11.49%
Date Range
5/27/2006 - 7/19/2025
Summary
The Insured Unemployment Rate in Hawaii measures the percentage of the state's insured labor force that is receiving unemployment insurance benefits. It provides insight into the health of Hawaii's labor market and is closely monitored by policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Insured Unemployment Rate in Hawaii represents the ratio of individuals receiving unemployment insurance benefits to the total insured labor force in the state. It serves as an important indicator of economic conditions and labor market trends in Hawaii.
Methodology
The data is collected and calculated by the U.S. Department of Labor based on state unemployment insurance program claims.
Historical Context
This metric is used by economists, policymakers, and market analysts to assess the strength of Hawaii's economy and guide policy decisions.
Key Facts
- Hawaii's insured unemployment rate peaked at 17.7% in April 2020 during the COVID-19 pandemic.
- The rate has since declined, reaching 2.3% as of August 2022.
- Monitoring the insured unemployment rate helps policymakers evaluate the effectiveness of economic and labor market interventions.
FAQs
Q: What does the Insured Unemployment Rate in Hawaii measure?
A: The Insured Unemployment Rate in Hawaii measures the percentage of the state's insured labor force that is receiving unemployment insurance benefits.
Q: Why is this trend relevant for users or analysts?
A: The insured unemployment rate provides important insights into the health of Hawaii's labor market and economy, making it a closely watched indicator by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Department of Labor based on state unemployment insurance program claims.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the insured unemployment rate to assess the strength of Hawaii's economy and guide policy decisions, such as the implementation of labor market interventions.
Q: Are there update delays or limitations?
A: The insured unemployment rate data is published regularly by the U.S. Department of Labor, with some potential for minor delays in reporting.
Related Trends
Average Weekly Hours of All Employees: Private Service Providing in Hawaii
SMU15000000800000002
Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Hawaii
EMISSCO2VNGRCBHIA
Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Hawaii
HIOTHSERVENGSP
Personal Consumption Expenditures: Services: Household Consumption Expenditures for Services for Hawaii
HIPCEHCE
Real Gross Domestic Product: Transportation and Utilities (22, 48-49) in Hawaii
HITRANSUTILRGSP
Gross Domestic Product: Arts, Entertainment, and Recreation (71) in Hawaii
HIARTENTRECNGSP
Citation
U.S. Federal Reserve, Insured Unemployment Rate in Hawaii (HIINSUREDUR), retrieved from FRED.