Hawaii Projects 4.1% Job Growth Through 2034 as 96% of Openings Come From Replacement
Updated
Updated · Hawaii Tribune-Herald · Aug 5
Hawaii Projects 4.1% Job Growth Through 2034 as 96% of Openings Come From Replacement
1 articles · Updated · Hawaii Tribune-Herald · Aug 5
Summary
28,060 jobs are expected to be added in Hawaii from 2024 to 2034, lifting employment to 721,340 in what the state labor department called a slow, cautious expansion.
0.4% annual growth reflects economic headwinds and a weaker outlook than the state's prior 6.1% forecast, even though the new 4.1% decade gain still tops the national 3.1% projection.
82,070 job openings a year are projected, but only about 2,800 would come from net new jobs; 53% would stem from workers changing occupations and 43% from labor-force exits.
Health care and social assistance leads industry growth at 11.2%, or 8,860 jobs, while hotel and motel jobs rise 7%; retail, agriculture, finance and real estate are all forecast to shrink.
1,110 annual openings for general and operations managers top the statewide occupations list, followed by 830 for registered nurses, underscoring demand even as overall growth stays subdued.