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National Employment Trend Rising

Some explanation on recent employment trends nationally.
December 11, 2009

National Employment Trend Rising

Maui Home Sales In Wailea

By Mark Harbison

The Conference Board's national Employment Trends Index rose again in November for the fourth month in a row. This is great news for the labor market which is still in a severe recession.

Since the revised October figure, the index is up 1.8 percent to 90.8, but remains down by 9.4 percent from a year ago. 

The Employment Trends Index (ETI) is based off of eight labor-market indicators. Five of these eight provided the positive contributions that led to November's increase. These improvements were seen in: number of temporary employees, job openings, industrial production, initial claims for unemployment insurance, and trade sales.

The U.S. Bureau of Labor Statistics provided data for the ETI and overall, November only saw the loss of 11,000 jobs nationwide. This is very low, considering that many economists expected ten times higher losses. December's reports should be very interesting. With so few losses last month, who knows? It's possible that we could see small gains in December.

As for Hawaii, the unemployment rate remained at 7.2 percent in October, which is the most recent data available for the time being.


To find the perfect Maui property for you, feel free to use our online real estate search tool. Also, we recommend you take a look at our featured Maui properties and  If you need any help with our website or your pursuit of great Maui real estate, please send an email to Mark mark@realestatemauihawaii.com or Lisa lisa@realestatemauihawaii.com. You can also call (866) 874-1942 toll free or Lisa's cell at (808) 283-7426. Thanks for reading and have a wonderful weekend!

Blogs for December 2009

Personal Income in Hawaii Versus US

Posted on December 25, 2009
Personal Income in Hawaii Versus US

By Mark Harbison

Personal income was down for Hawaii by $2 billion in the third quarter this year, as opposed to the third quarter of 2008. The number went from $54.3 billion to $52.26 billion, according to data published by the U.S. Bureau of Economic Analysis.

Personal… Continue Reading

Maui Economic Gains

Posted on December 18, 2009
Maui Economic Gains

By Mark Harbison

Things are chugging along towards recovery on Maui lately with some pretty good news coming from different economic sectors.

Maui visitors and residents will be pleased to hear that hotel occupancy was up by 4.2 percentage points to 51.1 percent on the week ending on December fifth.… Continue Reading

National Employment Trend Rising

Posted on December 11, 2009
National Employment Trend Rising

By Mark Harbison

The Conference Board's national Employment Trends Index rose again in November for the fourth month in a row. This is great news for the labor market which is still in a severe recession.

Since the revised October figure, the index is up 1.8 percent to 90.8,… Continue Reading

Maui Grown Christmas Trees

Posted on December 04, 2009
Maui Grown Christmas Trees

By Mark Harbison

Pines are invasive, so you'd be doing the island's ecology a favor by cutting one down and hauling it home for free. If you'd rather buy one, though, Maui should be very well stocked this year from a variety of sources.

Trees shipped from the mainland… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

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