Category: 3. Business

  • Oil Steady After Biggest Gain in a Week With Focus on Venezuela – Bloomberg.com

    1. Oil Steady After Biggest Gain in a Week With Focus on Venezuela  Bloomberg.com
    2. Oil falls as investors weigh supply outlook, Venezuelan uncertainties  Reuters
    3. Crude oil slumps, Asian shares edge lower as global tensions climb  Business Recorder
    4. Natural Gas and Oil Forecast: RSI Signals Balance as Traders Watch $58 Oil and $3.40 Gas  FXEmpire
    5. Morgan Stanley lowers its oil price forecasts for 2026  المتداول العربي

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  • Samsung Outlines the Impact FAST, Creators and Live Experiences Are Having on the Future of Television at CES 2026

    Samsung Outlines the Impact FAST, Creators and Live Experiences Are Having on the Future of Television at CES 2026

    Corporate

    Samsung Tech Forum series continues at CES 2026 with industry leaders convening to explore the evolution of streaming

    1/6/2026

    Samsung Electronics Co., Ltd. held “FAST Forward: How New Streaming Models Are Shaping the Next Generation of TV” as part of its Tech Forum panel series at CES 2026. Taking place at The Wynn in Las Vegas, Nevada, the panel brought together leaders from entertainment and media to explore the evolution of streaming and the rapid rise of free-ad-supported television (FAST).

    The session highlighted the interconnected relationship between today’s rapidly evolving consumer behaviors and preferences, the transformation of content by technology and monetization models, the expanding role of creators as studios and the ways in which interactive and live experiences are catalyzing a shift from passive viewing into active engagement.

    Moderated by Natalie Jarvey of The Ankler, the panel featured Salek Brodsky, SVP and Global Head of Samsung TV Plus; Alessandra Catanese, CEO of Smosh and Bruce Casino, EVP, Sales & Distribution, U.S., NBCUniversal Global TV Distribution.

    FAST Gains Momentum as Audiences Recalibrate Value

    As audiences grapple with subscription fatigue and a fragmented streaming landscape, the panel focused on how FAST is restoring simplicity and value to television. Samsung TV Plus anchored the conversation as a platform designed to reduce friction, offering hundreds of live and on-demand channels in one free, easily accessible experience across Samsung TVs and devices worldwide.

    “The TV experience today can often feel like too much work for the viewer,” said SVP Brodsky. “Our goal with Samsung TV Plus is to simplify television again and combine the power of linear discovery with a modern, connected experience that feels effortless, curated and truly valuable.”

    The panelists emphasized that FAST has evolved into a core part of the streaming ecosystem, complementing subscription and traditional models while delivering premium, proven programming at scale. For Samsung TV Plus, that evolution is rooted in shared experiences that elevate viewing and meet users not just where they already are, but where they want to be.

    Samsung TV Plus

    Hybrid Models Redefine the Streaming Ecosystem

    Panelists emphasized that the evolution of streaming is less about replacing traditional models and more about expanding how audiences engage with content. FAST, subscription and linear distribution models are increasingly working in tandem, allowing studios to extend the life of proven franchises, reach new viewers and unlock additional value without sacrificing performance elsewhere. By leveraging data, audience behavior and decades of content insight, media companies are deploying FAST to complement existing channels and create a more resilient and diversified ecosystem.

    EVP Bruce Casino highlighted how this approach has enabled NBCUniversal to bring both classic and contemporary content to FAST audiences while continuing to see strong performance across platforms. “FAST doesn’t replace traditional distribution, it extends it,” said Casino. “What we’re seeing is that when great content shows up in multiple places, it creates incremental value rather than cannibalization — allowing franchises to thrive across FAST, streaming and linear channels.”

    Creators Emerge as the New Studios

    The panel also examined how the changing nature of consumer habits and television platforms means content creators do not have to work exclusively with legacy studios to reach a broad audience. As this medium expands from social platforms to the living room, FAST is helping bridge digital culture and traditional TV, while also serving to elevate its production quality.

    Samsung TV Plus was highlighted as a platform that helps creators evolve from digital-first brands into full-fledged television studios, helping expand reach, unlock new monetization opportunities and introduce content to broader, global audiences.

    One of the clearest examples of a brand that has taken the step from digital-first brand to legitimate TV studio is sketch comedy-improv collective Smosh. By launching a FAST channel with Samsung TV Plus, Smosh has been able to strengthen its connection with its already-dedicated fans while gaining access to a much larger viewer base. Due to this evolution, Smosh has enhanced long-term growth.

    “Partnering with Samsung TV Plus allowed us to elevate our production quality and invest in the future of the Smosh brand,” said CEO Alessandra Catanese. “It was the right platform to help us reach a broader audience while positioning our content in a premium environment that supports where we’re headed as a company.”

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  • Michigan unemployment rate falls between September and November

    Michigan unemployment rate falls between September and November

    LANSING, Mich. – Michigan’s seasonally adjusted unemployment rate decreased by one-tenth of a percentage point between September and November, according to data released today by the Michigan Department of Technology, Management & Budget. Employment receded by 6,000 between September and November and the number of unemployed people fell by 7,000, resulting in a workforce decline of 13,000 during this period.

    “Although the state lacked several key labor metrics for October, data for the two-month period from September to November revealed continued trends of a declining unemployment rate and total labor force,” said Wayne Rourke, labor market information director for Michigan’s Center for Data and Analytics. “Payroll job growth was marginal in November and showed little net change since April.”

    October Estimates and the Federal Government Shutdown

    Household survey: Due to the suspension of Federal government services from Oct. 1 to Nov. 12, October 2025 employment, labor force, and unemployment data will not be published. Household survey data were not collected for October 2025 and were not collected retroactively.

    Establishment survey: The collection periods for October and November estimates were extended, which allowed October payroll jobs data to be made available.

    For more information on the impact of the 2025 federal government shutdown on data availability, please go to www.bls.gov/cps/methods/2025-federal-government-shutdown-impact-cps.htm.

    Labor force trends and highlights

    • Michigan’s labor force dropped by 13,000 workers between September and November and has fallen by 58,000, or 1.1 percent, since March 2025.
    • The total number of unemployed people in the state fell by 2.7 percent between September and November, whereas the national unemployment level rose by 3.0 percent during the same period.
    • Total employment in the state decreased by 0.6 percent over the year, while the national employment level advanced by 1.6 percent since November 2024.
    • The statewide labor force participation rate decreased by two-tenths of a percentage point between September and November to 61.1 percent. Michigan’s employment-population ratio receded by one-tenth of a percentage point during the same period to 58.1 percent.

    Detroit region unemployment rate advances between September and November

    The Detroit-Warren-Dearborn Metropolitan Statistical Area’s (MSA) seasonally adjusted unemployment rate rose by 0.1 percentage points between September and November to 4.7 percent. Employment fell by 12,000, and total unemployment edged up by 1,000. The Detroit metro area labor force fell by 12,000 between September and November.  

    Over the year, the Detroit metro area jobless rate decreased by 0.3 percentage points.  The region’s labor force was nearly unchanged, edging down by 1,000 since November 2024.  

    Michigan nonfarm payroll jobs increase during November

    According to the monthly survey of employers, Michigan seasonally adjusted payroll employment rose by 3,000 in November, resulting in a job total of 4,539,000.

    Industry employment trends and highlights

    • Statewide total nonfarm jobs advanced for the fifth consecutive month during November.
    • Monthly job gains were led by trade, transportation, and utilities and private education and health services, with employment increasing by 2,000 in each industry.
    • Seasonally adjusted payroll jobs rose by 40,000, or 0.9 percent, since November 2024.
    • Industries with the most pronounced over-the-year numerical job gains included private education and health services (+12,000), government (+11,000), and construction (+10,000).

    For more detailed information, including data tables, view the full release.

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  • A look at the new technology announced on Day 1 of CES 2026

    A look at the new technology announced on Day 1 of CES 2026

    LAS VEGAS (AP) — Nvidia, AMD and Intel all had important chip and AI platform announcements on the first day of CES 2026, but all audiences wanted to see more of was Star Wars and Jensen Huang’s little robot buddies.

    CES is a huge opportunity annually for companies both large and small to parade products they plan to put on shelves this year. As predicted, artificial intelligence was anchored in nearly everything as tech firms continue to look for AI products that will attract customers.

    Here are the highlights from Day 1:

    Nvidia CEO Jensen Huang speaks about autonomous-driving vehicles during a Nvidia keynote address at CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 5, 2026. Photo by Steve Marcus/REUTERS

    Nvidia gets physical

    The biggest buzzword in the air at CES is “physical AI,” Nvidia’s term for AI models that are trained in a virtual environment using computer generated, “synthetic” data, then deployed as physical machines once they’ve mastered their purpose.

    CEO Jensen Huang showed off Cosmos, an AI foundation model trained on massive datasets, capable of simulating environments governed by actual physics. He also announced Alpamayo, an AI model specifically designed for autonomous driving. Huang revealed that Nvidia’s next generation AI superchip platform, dubbed Vera Rubin, is in full production, and that Nvidia has a new partnership with Siemens. All of this shows Nvidia is going to fight increased competition to retain its reputation as the backbone of the AI industry.

    But once Huang called for two little, waddling, chirping robots to join him on stage, that’s all the audience wanted to see more of.

    CES 2026, an annual consumer electronics trade show, in Las Vegas

    Lisa Su, CEO of AMD, speaks during an AMD keynote address at CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S., January 5, 2026. Photo by Steve Marcus/REUTERS

    The chips are back in town

    AMD CEO Lisa Su announced a new line of its famed Ryzen AI processors as the company continues to expand its footprint in the world of AI-powered personal computers.

    For gamers, AMD also showed off the latest version of its gaming-focused processor, the AMD Ryzen 7 9850X3D.

    Meanwhile, Intel announced its new AI chip for laptops, Panther Lake (also known as the Intel Core Ultra Series 3), and said the company has plans to launch a new platform to address a growing market for handheld video gaming machines.

    WATCH: What’s next for AI and has its explosive growth in 2025 created a bubble?

    Intel, a Silicon Valley pioneer that enjoyed decades of growth as its processors powered the personal computer boom, fell into a slump after missing the shift to the mobile computing era unleashed by the iPhone. It fell further behind after the AI boom propelled Nvidia into the spotlight.

    President Donald Trump’s administration stepped in recently to secure a 10% stake in the company, making the government one of Intel’s biggest shareholders. Federal officials said they invested in Intel to support U.S. technology and domestic manufacturing.

    Auto Show in Los Angeles begins

    A Volkswagen concept I.D Buzz Uber driverless vehicle is shown at the convention center in Los Angeles, California, U.S. November 20, 2025. Photo by Mike Blake/REUTERS

    Uber dives back into the robotaxi game

    Uber is giving the public a first look at their robotaxi at CES this week. Uber, along with luxury electric vehicle manufacturer Lucid Motors and vehicle tech company Nuro, introduced an autonomous vehicle with an Uber-designed in-cabin experience.

    Uber calls it the most luxurious robotaxi yet. It features cameras, sensors and radars that provide 360-degree perception and a low-profile roof “halo” with integrated LEDs that will display riders’ initials to help them spot their car and track their ride status. Inside, riders can personalize everything from climate and seat heating to music, while real-time visuals show exactly what the vehicle is seeing on the road and the route it plans to take.

    Autonomous on-road testing began last month in San Francisco, led by Nuro, marking a major step toward what the companies said is a planned launch before the end of the year.

    Star Wars and Lego announce a new partnership

    When Lucasfilm chief creative officer David Filoni brought out an array of X-Wing pilots, Chewbacca, R2D2 and C-3PO, he won the Star Wars fandom for Lego.

    Lego announced its Lego Smart Play platform on Monday, which introduces new smart bricks, tags and special minifigs for your collection. The new bricks contain sensors that enable them to sense light and distance, and to provide an array of responses, essentially lights and sounds, when they are used in unison.

    Combine this with a newly announced partnership with the Star Wars franchise and now you can create your own interactive space battles and light-saber duels.

    CES 2026, an annual consumer electronics trade show, in Las Vegas

    Steve Scarbrough, an eco solution sales with LG North America, fist bumps with the LG CLOiD robot during an LG Electronics news conference at CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 5, 2026. Photo by Steve Marcus/REUTERS

    LG reveals a new robot to help around the home

    File this one under intrigued, for now.

    The Korean tech giant gave the media a glimpse Monday of its humanoid robot that is designed to handle household chores such as folding laundry and fetching food. Although many companies have robots on display at CES, LG certainly is one of the biggest tech companies to promise to put a service robot in homes.

    It will be on display beginning Tuesday, so we’ll have more to report soon.

    What’s new with lollipops?

    Music you can taste was on display Monday at CES: Lollipop Star unveiled a candy that plays music while you eat it. The company says it uses something called “bone induction technology,” which lets you hear songs — like tracks from Ice Spice and Akon — through the lollipop as you lick it or bite it in the back of your mouth, according to spokesperson Cassie Lawrence.

    The musical lollipops will go on sale after CES on Lollipop Star’s website for $8.99 each. And if that wasn’t enough star power, Akon was expected to visit the company’s booth Tuesday when CES opens to the public.

    Atlas holds up Hyundai’s (manufacturing) world

    Hyundai-owned Boston Dynamics publicly demonstrated its humanoid robot Atlas for the first time at the CES tech showcase, ratcheting up a competition with Tesla and other rivals to build robots that look like people and do things that people do.

    The company said a version of the robot that will help assemble cars is already in production and will be deployed by 2028 at Hyundai’s electric vehicle manufacturing facility near Savannah, Georgia.

    Delta gets spherical

    Delta Air Lines is taking entertainment to new heights as the “official airline” of the Sphere in Las Vegas. The airline announced a new multiyear partnership with Sphere Entertainment Co. that it says will deliver premium experiences to the venue, including a Delta SKY360° Club lounge.

    The carrier said SkyMiles members can unlock exclusive access to other experiences at the Sphere, starting during the final weekend of the Backstreet Boys’ residency in February with features including private suite seating, food and beverages. The partnership brings Delta branding to the Sphere’s massive exterior LED screen. Delta says more exclusive SkyMiles experiences will roll out in 2026 and beyond.

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  • Kawartha Lakes provides update on new Blue Box Recycling Program

    Kawartha Lakes – Following the launch of the new Blue Box Recycling Program on January 1, Kawartha Lakes staff recognize that some residents have concerns or experienced challenges with their recycling collection. We are working with Circular Materials and Emterra to support a smooth adjustment period, and in the meantime, would like to clarify some information to reduce confusion. 

     

    Program roles

    The new provincial recycling program was developed by Circular Materials to meet provincial regulations, with Emterra contracted to provide recycling collection services in Kawartha Lakes. 

    Program details specific to Kawartha Lakes are available on the Circular Materials website here.  

     

    Who to contact

    Residents with recycling service questions or concerns should contact Emterra first, as they are responsible for service delivery and best equipped to respond: 

    Similar to municipal operations, Emterra does not respond to after-hours calls or weekend emails until the next business day. As a result, residents may experience longer response times due to higher-than-normal call and email volumes. 

     

    Escalations 

    If residents are eligible for service, have already contacted Emterra, and remain dissatisfied, the next step is to contact Circular Materials. 

    The recycling program is a function of the province and as such, further questions or concerns can be directed to:  

    Set-out and pick-up times

    Residents must place garbage and recycling at the curb by 7am. Collection times may vary due to new routes, weather issues and collection volumes. Residents are also asked to wait until 7pm before reporting a missed collection to Emterra. 

     

    Alcoholic beverage containers

    Provincial Blue Box regulations require a separate collection system for alcoholic beverage containers, such as the Ontario Deposit Return Program (also known as the “Bag It Back” program). Alcoholic beverage containers are not intended to be included in curbside recycling, despite having been picked up by the previous collector. 

    Residents should plan to use the separate collection system for these materials going forward, so materials don’t get left behind. More information, including information on where to return empties is available at Ontario Deposit Return Program website and The Beer Store website. 

     

    Weather and holiday impacts

    Recycling continues on an alternating weekly schedule. If recycling is missed due to weather, the contractor will not return the following week to collect the missed material. Residents must wait until the next eligible collection week (two weeks later). 

    Alternatively, recycling materials are currently accepted at landfill sites during regular operating hours (note: fees apply to residential materials in quantities greater than 150kg). 

     

    Recycling containers

    A list of recyclable materials is available on the Circular Materials Ontario website. If you are still unsure, acceptable containers should be confirmed with Emterra. The following guidelines also apply: 

    Residents requiring new or additional recycling bins must contact Emterra directly. Bins will not be replaced if lost or damaged by a resident, but should otherwise be provided. 

     

    Thank you

    We acknowledge and appreciate your desire to organize your recycling correctly to maximize the municipality’s efforts, and we thank you for your patience as everyone adjusts to the new program. We will continue to share updates as information becomes available. 

     

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  • At least six dead as cold snap grips Europe with snow and ice wreaking travel havoc

    At least six dead as cold snap grips Europe with snow and ice wreaking travel havoc

    Published on

    Freezing temperatures plunged swathes of Europe into a second day of travel chaos on Tuesday, with six people dying in weather-related accidents during the continent’s bitterest cold snap so far this winter.

    Since the mercury dropped on Monday, five people have died in France and one woman in Bosnia as heavy snow and rain sparked floods and power outages across the Balkans.

    With the chill making roads perilous, three people died in accidents linked to black ice in southwestern France on Monday morning, authorities said, while a taxi driver died in hospital on Monday night after his vehicle veered off the road and plunged into the Marne river in the Paris region.

    After nearly 40 centimetres of snow fell in the Bosnian capital Sarajevo at the weekend, a woman died in hospital after being hit by a tree that collapsed under the weight of the snowfall on Monday, according to police.

    Dutch weather woes

    As snow fell across the Netherlands, Amsterdam’s Schiphol Airport reported that some 600 flights were grounded during the day as crews worked to clear runways and de-ice planes waiting to depart. More snow was forecast for the rest of the week.

    Dutch airline KLM said it was running short of the glycol fluid it uses combined with hot water to de-ice planes before they take off. It said airports across Europe were facing similar problems after days of freezing temperatures.

    Just getting to and from the airport outside the Dutch capital was a struggle with frozen points and an early morning software glitch throwing the Netherlands’ rail system into turmoil.

    Limited rail services resumed later in the morning but routes around Amsterdam remained largely closed because of the icy conditions, national railway company NS said on its website.

    It urged commuters to “only travel if it’s absolutely necessary.”

    Commuters forced to drive to work also faced time-consuming journeys as a combination of the snow and ice snarled traffic on some highways.

    Wet weather in Rome

    In Rome, weeks of rain that have swollen the Tiber River over its banks again muted Pope Leo XIV’s Christmas-time celebrations.

    St. Peter’s Square was only partially full on Tuesday as a few thousand people crowded under umbrellas to hear the pontiff deliver his Epiphany blessing from the loggia of St. Peter’s Basilica.

    Rome has been soaked by steady rains since before Christmas and Mayor Roberto Gualtieri issued an ordinance for Tuesday limiting public access to parks and other areas at risk for falling trees and flooding.

    Farther north, snow dusted Bologna and gave skiers in the Dolomites reason to cheer, though freezing temperatures are forecast for much of the north and central part of the peninsula over the coming days.

    Temperatures plummet in the UK

    A cold snap sent the temperature in northern parts of Britain down to minus 12.5 degrees Celsius overnight, as snow disrupted rail, road and air travel and closed hundreds of schools.

    Horse races and football matches have been called off because of snow and frost, while a power failure caused by ice closed Glasgow’s metro system.

    Up to 15 centimetres of snow was forecast for northern Scotland on Tuesday, where some people have already been snowed in by previous falls.

    Northeast Scotland lawmaker Andrew Bowie said the situation was “critical,” calling for soldiers to be sent in to clear snow and get food and medical supplies to stranded people.

    Icy Balkans

    Both heavy snow and heavy rain swept through Balkan countries, swelling rivers and creating problems in traffic and disruptions in power and water supplies.

    In Serbia, some western municipalities introduced emergency measures due to bad weather.

    While in Bosnia, black ice stopped cars and forced drivers to park on the side on their way to Mount Bjelasnica above Sarajevo on Tuesday morning.

    Heavy wind and stormy seas battered the Adriatic coastline in Croatia and Montenegro. Video footage showed the sea sweeping through holiday cottages at Ada Bojana in southern Montenegro during a storm.

    Additional sources • AP, AFP

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  • Final report of Cultural Heritage Master Plan posted for review

    The final report of the Cultural Heritage Master Plan (CHMP) is now available for public review on the municipality’s Have Your Say engagement site.

    The deadline to submit comments is 4:30 pm on Monday, January 26. Send your feedback to Scott Pordham, Policy Coordinator, Development Services, by emailing spordham@pecounty.on.ca. The public can also contact Mr. Pordham by calling 613.476.2148 extension 2024.

    Staff and project consultants, WSP Consultants, will present the CHMP for County Council approval at the Planning and Development Committee meeting on Wednesday, February 18. The meeting will take place inside the Council Chambers at Shire Hall (332 Picton Main Street) beginning at 6 pm. You can also the meeting live on the municipality’s YouTube channel.

    The County of Prince Edward is developing the plan to manage and protect its built heritage resources and cultural heritage landscapes.

    A built heritage resource is a building, structure, monument, installation, or any manufactured remnant that contributes to a property’s cultural heritage value or interest.

    A cultural heritage landscape is a defined geographical area that may have been modified by human activity and include features such as structures, spaces, archaeological sites, or natural elements that are valued together for their interrelationship, meaning, or association.

    Protecting and enhancing Prince Edward County’s cultural, heritage and natural assets for the future is a key objective within the municipality’s Strategic Plan 2023-2026. In addition, the municipality’s Official Plan states that the municipality will identify cultural heritage resources while ensuring their conservation, restoration, maintenance, and enhancement as part of the community’s ongoing evolution.

    Council directed staff, when it adopted the Official Plan in 2021, to prepare a Cultural Heritage Master Plan to help guide staff and the development community in this area.

    Visit the County’s Have Your Say engagement site to learn more about the plan.

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  • call for expressions of interest: cross-border cooperation experts (b-solutions)

    The latest update to the bsolutions call for expressions of interest marks an important step forward in strengthening expert support for tackling cross-border obstacles across Europe.

    As in the previous edition of the call, the initiative continues to seek professionals with sound experience in cross-border cooperation, legal analysis skills, and proven consultancy expertise. These competencies remain essential for understanding the complex administrative and legal challenges that arise in cross-border contexts and for helping local actors identify practical and sustainable solutions to the obstacles they face.

    The key improvement in the updated call is the clear distinction now made between bsolutions’ objectives 1 and 2:

  • Objective 1 focuses on identifying and analysing legal or administrative obstacles that hinder cooperation between neighbouring territories as well as proposing solutions to them.
  • Objective 2 goes one step further and offers support in implementing a solution proposed in a previous b-solutions analysis by drawing up a concrete implementation plan and presenting it during a stakeholder event.
  • By differentiating these two strands more explicitly, the call ensures that experts can better align their profiles with the type of work they are most suited for.

    Applicants now have the flexibility to apply for one or for both objectives via AEBR’s updated online-application form, depending on their expertise and interests. This approach not only broadens the pool of potential contributors but also helps ensure that each case benefits from the most relevant and specialised knowledge available.

    Already selected b-solutions experts do not need to reapply and remain in the AEBR’s pool of experts.

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  • As federal aid stalls, Governor Newsom announces proposed effort to close insurance gaps for LA fire survivors, expands mortgage relief – California State Portal | CA.gov

    1. As federal aid stalls, Governor Newsom announces proposed effort to close insurance gaps for LA fire survivors, expands mortgage relief  California State Portal | CA.gov
    2. JPMorgan, Citi extend mortgage relief for LA wildfire victims  Fortune
    3. Bank of America (BAC) Extends Mortgage Relief for Wildfire Victi  GuruFocus
    4. State re-ups request for rebuilding funds on anniversary of LA fires, a state senator wants Trump impeached after Venezuela “invasion”  90.3 KAZU
    5. On eve of LA Fire Anniversary, Governor Newsom announces housing push to keep survivors in their communities  California State Portal | CA.gov

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  • Governor Josh Green, M.D. | NEWS RELEASE: Hawai’i November Unemployment Rate at 2.2 Percent

    Governor Josh Green, M.D. | NEWS RELEASE: Hawai’i November Unemployment Rate at 2.2 Percent

    NEWS RELEASE: Hawai’i November Unemployment Rate at 2.2 Percent

    Posted on Jan 6, 2026 in Latest Department News, Newsroom

     

     

     

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

     

    DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISM

    KA ʻOIHANA HOʻOMOHALA PĀʻOIHANA, ʻIMI WAIWAI A HOʻOMĀKAʻIKAʻI

     

    JAMES KUNANE TOKIOKA

    DIRECTOR

    KA LUNA HOʻOKELE

     

    RESEARCH AND ECONOMIC ANALYSIS DIVISION

     

    HAWAI‘I NOVEMBER UNEMPLOYMENT RATE AT 2.2 PERCENT 

    Jobs Increased by 10,400 Year Over Year

    FOR IMMEDIATE RELEASE

    January 6, 2026

    HONOLULU — The Hawai‘i State Department of Business, Economic Development and Tourism (DBEDT) today announced that the seasonally adjusted unemployment rate for November was 2.2 percent, compared to 2.5 percent in September.  The unemployment rate was not estimated for October due to the federal government shutdown. In November, 672,350 persons were employed and 15,350 were unemployed, for a total seasonally adjusted labor force of 688,000 statewide. Nationally, the seasonally adjusted unemployment rate was 4.6 percent in November, up from 4.4 percent in September.

    The unemployment rate figures for the state of Hawai‘i and the U.S. in this release are seasonally adjusted in accordance with U.S. Bureau of Labor Statistics (BLS) methodology. The not-seasonally adjusted rate for the state was 2.4 percent in November, compared to 2.3 percent in September.

      Nov 2025 Sep 2025 Nov 2024*
    Labor Force   688,000   687,000   682,350
    Employment   672,650   669,850   661,650
    Unemployment 15,350   17,200   20,700
                         
    * benchmarked data **totals may not add due to rounding
              NOV     SEP     NOV*
      2025 2025 2024
                           
    Seasonally Adjusted  
    STATE 2.2 2.5 3.0
    U. S.       4.6     4.4     4.2
       
    Not Seasonally Adjusted  
    STATE 2.4 2.3 3.2
    HONOLULU 2.3 2.2 3.0
    HAWAI‘I COUNTY 2.7 2.5 3.5
    KAUA‘I 2.3 2.2 3.0
    MAUI COUNTY 2.6 2.5 3.9
      Maui Island 2.6 2.3 4.0
      Moloka‘i 4.0 5.9 3.0
      Lāna‘i 1.1 2.2 2.8
    U. S.       4.3     4.3     4.0
    County and island rates are not seasonally adjusted
    *benchmarked data

    Industry Payroll Employment (Establishment Survey)

    In a separate measure of employment, total nonagricultural jobs increased by 400 month over month, from October 2025 to November 2025. Job gains were experienced in Construction (+600); Professional & Business Services (+200); and Private Education & Health Services (+200). Employment remained unchanged in Trade, Transportation & Utilities; Information; and Financial Activities. Job losses occurred in Manufacturing (-100); Other Services (-100); and Leisure & Hospitality (-1,000). Within the Leisure & Hospitality grouping, there were roughly equal declines in both Accommodation and Food Services & Drinking Places. Government employment went up by 600 jobs, with most of the over the month rise attributed to above-average seasonal gains at the Department of Education and the University of Hawai‘i system. Year over year, nonfarm jobs have gone up by 10,400, or 1.6 percent.

     

    Seasonally Adjusted Non-Ag. Jobs (Statewide)    
           
      Nov-25 Oct-25 Nov-24
    MINING, LOGGING & CONSTRUCTION 42,000 41,400 38,900
    MANUFACTURING 13,100 13,200 13,100
      Durable Goods 3,300 3,400 3,600
      Non-Durable Goods 9,800 9,800 9,500
    TRADE, TRANSPORTATION & UTILITIES 117,800 117,800 116,800
        Wholesale Trade 17,700 17,500 17,300
        Retail Trade 65,300 65,400 65,000
       Transportation, Warehousing & Utilities 34,800 34,900 34,500
    INFORMATION 8,100 8,100 8,100
    FINANCIAL ACTIVITIES 27,800 27,800 27,400
      Finance & Insurance 15,600 15,600 15,500
      Real Estate & Rental & Leasing 12,200 12,200 11,900
    PROFESSIONAL & BUSINESS SERVICES 71,400 71,200 72,400
      Professional, Scientific, Tech Svcs 25,700 25,700 26,800
      Management of Companies & Enterprises 8,700 8,600 8,900
      Administrative & Support & Waste Mgmt 37,000 36,900 36,700
    PRIVATE EDUCATION & HEALTH SERVICES 95,100 94,900 91,000
        Private Educational Services 14,900 15,000 14,900
         Health Care & Social Assistance 80,200 79,900 76,100
    LEISURE & HOSPITALITY 126,400 127,400 121,400
       Arts, Entertainment & Recreation 14,900 14,900 13,800
       Accommodation & Food Services 111,500 112,500 107,600
    OTHER SERVICES 27,400 27,500 27,200
    GOVERNMENT 124,500 123,900 126,900
       Federal Government 32,000 32,000 35,500
       State Government 73,000 72,500 72,200
       Local Government 19,500 19,400 19,200
    TOTAL:  STATEWIDE 653,600 653,200 643,200
    TOTAL:  HONOLULU MSA 472,400 471,500 464,000
    TOTAL:  KAHULUI-WAILUKU MSA 75,800 75,700 73,800

    Technical Notes:

    Labor Force Components

    The concepts and definitions used by the Local Area Unemployment Statistics (LAUS) program are the same as those used in the Current Population Survey for the national labor force data:

    • Civilian labor force. Included are all persons in the civilian noninstitutional population ages 16 and older classified as either employed or unemployed. (See the definitions below.)
    • Employed persons. These are all persons who, during the reference week (the week including the 12th day of the month), (a) did any work as paid employees, worked in their own business or profession or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of their family, or (b) were not working but who had jobs from which they were temporarily absent because of vacation, illness, bad weather, childcare problems, maternity or paternity leave, labor-management dispute, job training, or other family or personal reasons, whether or not they were paid for the time off or were seeking other jobs. Each employed person is counted only once, even if he or she holds more than one job.
    • Unemployed persons. Included are all persons who had no employment during the reference week, were available for work, except for temporary illness and had made specific efforts to find employment sometime during the four-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.
    • Unemployment rate. The unemployed percent of the civilian labor force [i.e., 100 times (unemployed/civilian labor force)].

    Seasonal Adjustment

    The seasonal fluctuations in the number of employed and unemployed persons reflect hiring and layoff patterns that accompany regular events such as the winter holiday season and the summer vacation season. These variations make it difficult to tell whether month-to-month changes in employment and unemployment are due to normal seasonal patterns or to changing economic conditions. Therefore, the BLS uses a statistical technique called seasonal adjustment to address these issues. This technique uses the history of the labor force data and the job count data to identify the seasonal movements and to calculate the size and direction of these movements. A seasonal adjustment factor is then developed and applied to the estimates to eliminate the effects of regular seasonal fluctuations on the data. Seasonally adjusted statistical series enable more meaningful data comparisons between months or with an annual average.

    Current Population (Household) Survey (CPS)

    A survey conducted for employment status in the week that includes the 12th day of each month generates the unemployment rate statistics, which is a separate survey from the Establishment Survey that yields the industry job counts. The CPS survey contacts approximately 1,000 households in Hawai‘i to determine an individual’s current employment status. Employed persons consist of 1) all persons who did any work for pay or profit during the survey reference week, 2) all persons who did at least 15 hours of unpaid work in a family owned enterprise operated by someone in their household and 3) all persons who were temporarily absent from their regular jobs, whether they were paid or not. Persons considered unemployed are those who do not have a job, have actively looked for work in the prior four weeks and are available for work. Temporarily laid-off workers are counted as unemployed, whether or not they have engaged in a specific job-seeking activity. Persons not in the labor force are those who are not classified as employed or unemployed during the survey reference week.

    Benchmark Changes to Local Area Unemployment Statistics Data

    Statewide and sub-state data for 2019 to 2024 have revised inputs and data for 1990 to 2024 have been re-estimated to reflect revised population controls and model re-estimation.

    Change to Monthly Employment Estimates

    This release incorporates revised job count figures for the seasonally adjusted series. The revised data reflects historical corrections applied to unadjusted super sector or sector-level series dating back from 2018 through 2024. For years, analysts with the state of Hawai‘i Department of Labor and Industrial Relations Research and Statistics Office have developed monthly employment estimates for Hawai‘i and its metropolitan areas. These estimates were based on a monthly survey of Hawai‘i businesses and analysts’ knowledge about our local economies. Beginning with the production of preliminary estimates for March 2011, responsibility for the production of state and metropolitan area (MSA) estimates were transitioned from individual state agencies to the U.S. Bureau of Labor Statistics (BLS).

    For Hawai‘i, this means the transition of statewide, Honolulu and Kahului-Wailuku MSA estimates for both the seasonally adjusted and not-seasonally adjusted areas are produced by BLS. State agencies will continue to provide the BLS with information on local events that may affect the estimates, such as strikes or large layoffs/hiring at businesses not covered by the survey and to disseminate and analyze the Current Employment Statistics (CES) estimates for local data users. BLS feels this change is designed to improve the cost efficiency of the CES program and to reduce the potential bias in state and area estimates. A portion of the cost savings generated by this change is slated to be directed toward raising survey response rates in future years, which will decrease the level of statistical error in the CES estimates. Until then, state analysts feel this change could result in increased month-to-month variability for the industry employment numbers, particularly for Hawai‘i’s counties and islands. BLS can be reached at 202-691-6555 for any questions about these estimates.

    The not-seasonally adjusted job estimates for Hawai‘i County, Kaua‘i County, Maui, Moloka‘i and Lāna‘i are produced by the state of Hawai‘i Department of Business, Economic Development and Tourism.

    Labor Force Estimates for Small Areas

    Labor Force estimates for the islands within Maui County (Maui, Moloka‘i and Lānai) are produced by the state of Hawai‘i Department of Business, Economic Development and Tourism.

    Seasonally Adjusted Labor Force and Unemployment Estimates for Honolulu and Maui County

    BLS publishes smoothed seasonally adjusted civilian labor force and unemployment estimates for all metropolitan areas, which includes the City and County of Honolulu and Maui County.

    BLS releases this data each month in the Metropolitan Area Employment and Unemployment news release. The schedule is available at http://www.bls.gov/news.release/metro.toc.htm.

    Alternative Measures of Labor Underutilization

     

     

    Alternative Measures of Labor Underutilization for States, Fourth Quarter of 2024 through Third Quarter of 2025 Averages  
    Area Measure  
    U-1 U-2 U-3 U-4 U-5 U-6
                 
    United States 1.6 2.0 4.2 4.5 5.1 7.8
                 
    Hawai‘i 0.6 1.2 2.6 2.8 3.7 5.7

    The six alternative labor underutilization state measures based on the Current Population Survey (CPS) and compiled on a four-quarter moving-average basis defined as:

    U-1, persons unemployed 15 weeks or longer, as a percent of the civilian labor force;

    U-2, job losers and persons who completed temporary jobs, as a percent of the civilian labor force;

    U-3, total unemployed, as a percent of the civilian labor force (this is the definition used for the official unemployment rate);

    U-4, total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers;

    U-5, total unemployed, plus discouraged workers, plus all other marginally attached workers*, as a percent of the civilian labor force plus all marginally attached workers; and

    U-6, total unemployed, plus all marginally attached workers, plus total employed part-time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers.

    *Individuals who want and are available for work, and who have looked for a job sometime in the prior 12 months, (or since the end of their last job if they had one within the past 12 months), but were not counted as unemployed because they had not searched for work in the four weeks preceding the survey, for such reasons as childcare or transportation problems, for example. Discouraged workers are a subset of the marginally attached.

    Please note that the state unemployment rates (U-3) that are shown are derived directly from the CPS. As a result, these U-3 measures may differ from the official state unemployment rates for the latest four-quarter period. The latter are estimates developed from statistical models that incorporate CPS estimates, as well as input data from other sources, such as state unemployment claims data.

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