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Hawaii Comment on Latest NFIB Jobs Report

Hawaii Comment on Latest NFIB Jobs Report

July 3, 2025

One of the intangibles small-business owners have always asked for is consistency

FOR IMMEDIATE RELEASE
Contact: Michael Iosua, Hawaii State Director, miosua@mkadvocacy.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

HONOLULU, July 2, 2025—From NFIB Hawaii State Director Michael Iosua on today’s release of the monthly Jobs Report from the National Federation of Independent Business (NFIB), showing 36% (seasonally adjusted) of small business owners reported job openings they could not fill in June, up two points from May.

“With our Legislature now out of session until next year, small business owners will enjoy a brief bit of time to better calculate and make plans for future hiring. One of the higher intangibles small-business owners have always asked for is consistency, knowing that rules, regulations, and taxes they operate under will be the same from one year to the next.”

NFIB’s Jobs Report is a national survey of NFIB-member small-business owners, not broken down by state. The typical NFIB member employs between one and nine people and reports gross sales of about $500,000 a year.

From NFIB Chief Economist Bill Dunkelberg

“Despite the slowing labor market, many small business owners are still looking to attract applicants and hire for their open positions. Compensation pressures remain strong for those owners who are competing to retain and attract talent in their business.”

Highlights from Latest NFIB Jobs Report

  • Overall, 58% of small business owners reported hiring or trying to hire in June, up three points from May.
  • Seasonally adjusted, a net 33% of small business owners reported raising compensation in June, up seven points from May, and the largest monthly increase since January 2020.
  • A net 19% (seasonally adjusted) plan to raise compensation in the next three months, down one point from May.
  • Job openings were the highest in the construction, manufacturing, and transportation industries, and the lowest in the finance and agriculture industries.

 

Keep up with the latest Hawaii small-business news at www.nfib.com or by following NFIB Hawaii on X @NFIB_HI.

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For more than 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since its founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Hawaii
745 Fort Street Mall 17th Floor
Honolulu, HI 96813
808-541-9500
NFIB.com
X: @NFIB_HI

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