Monthly Archives: October 2013

Hawaii’s Economic Future Looks Brighter

The recent federal government shutdown didn’t shut down Hawaii’s economy, and the future looks particularly bright for the neighbor islands, where job growth is expected to outpace that of Oahu over the rest of the decade.

That’s according to reports released this week by the University of Hawaii Economic Research Organization and the state Department of Labor and Industrial Relations.

The Labor Department report found that Kauai County, with a predicted expansion rate of 15.4 percent between 2010 and 2020, will increase the fastest, followed by Maui County at 15.1 percent, Hawaii County with growth of 14.8 percent, and Oahu with a modest expansion rate of 10.5 percent.

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Volcanoes National Park to reopen today

Volcanoes National Park to reopen today

Hawaii Volcanoes National Park will reopen today after being closed for more than two weeks because of the partial government shutdown.

Park spokeswoman Jessica Ferracane said Wednesday evening the park had been given the green light to reopen after Congress struck a deal to end its fiscal impasse.

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AARP survey: $1 in benefits means $1.87 in economic activity for Hawaii

A new AARP Public Policy Institute study says Social Security dollars nearly double when spent in the islands.

The report, released this week, says every $1 in Social Security distributed in the state generates about $1.87 worth of economic activity.

The average Social Security payment in Hawaii is about $1,175 a month, said Steven Tam, AARP Hawaii director of advocacy. Among other statistics about senior citizens AARP tracks, 87 percent of Hawaii’s older residents received Social Security benefits, and a large portion of those recipients rely on the federal payment for 90 percent or more of their annual income.

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