Hawaii’s low unemployment continues; UI Trust Fund projected to top $half billion by end of 2006.
There were only 19,750 unemployed workers for the whole state in July, for a seasonally adjusted unemployment rate of 3.0 percent, according to the latest figures released by the Dept. of Labor and Industrial Relations. DLIR projects that the tax schedule for 2007 could move to schedule “B,” which means that the tax rate will go down for most employers and that more employers may end up at the zero tax rate. For more information on UI taxes, check out DLIR’s contribution rate chart and Handbook for Employers on Unemployment Insurance.