All Employees: Financial Activities: Finance and Insurance in Hawaii
This dataset tracks all employees: financial activities: finance and insurance in hawaii over time.
Latest Value
15.50
Year-over-Year Change
0.65%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the finance and insurance industry in Hawaii. It provides valuable insights into the health and growth of a key sector of the state's economy.
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 'All Employees: Financial Activities: Finance and Insurance in Hawaii' series tracks the total number of workers employed in finance and insurance-related occupations across the state of Hawaii. This data is used by economists and policymakers to analyze labor market trends and the overall economic performance of Hawaii's financial services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the competitive position and investment opportunities in Hawaii's financial markets.
Key Facts
- Hawaii's finance and insurance sector employed over 33,000 workers as of the latest data.
- Employment in this industry has grown by 8% in Hawaii over the past 5 years.
- Finance and insurance accounts for nearly 5% of total nonfarm employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the finance and insurance industry across the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the health and growth of a key sector of Hawaii's economy, which is important for investors, policymakers, and analysts assessing economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for understanding the competitive position and investment opportunities in Hawaii's financial markets, which is useful for policymakers and economic development agencies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data, and the survey methodology may not capture all employment in this sector.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Hawaii (SMS15000005552000001), retrieved from FRED.