the period 1980 to
1993, when the state enjoyed very low unemployment rates relative to
the nation as a whole. But by 1994 the recession had raised Hawaii's
unemployment rate to the national average (6.1%) for the first time in
15 years. In 1995, the state's unemployment rate improved slightly in
the first eleven months of the year to 5.4 percent, a 0.6 percentage
point decline from the first eleven months of 1994. Despite the lower
unemployment rate, the total number of wage and salary jobs declined
by 0.6 percent during the first eleven months of 1995. This was due
...