Hawaii Business & Employment Growth Since 2009

  • 3,572 more businesses
  • 65,783 more employees
  • 11.1% increase in total wages
  • $9,651 increase in annual wages per employee
  • 23.4% increase in wages per employee

Since 2009, the number of businesses in Hawaii has grown by 9.2% (2.2% less than the national average of 11.4%). Employment in Hawaii has grown by 11.1% (2.5% less than the national average of 13.6%). Wages have grown by 23.3% since the end of the Great Recession. This wage growth is 2.4% less than the national average of 25.7%.
The average weekly wage in Hawaii of $980 is 12.3% below the national average of $1,101. The gap between the national average has widened from 10.2% a widening of 2.2% since the end of the recession.

Sector Growth

Business Sector Growth

The Professional services sector has the most businesses in the state of Hawaii. Since the end of the recession, the number of businesses has grown from 4,168 to 4,714, a gain of 13.1%. The table below illustrates the change in number of businesses in each sector.
Sector20182009Pct Chg
Professional services4,7144,16813.1%
Retail trade4,5764,5690.2%
Accommodation and food services4,1013,58214.5%
Healthcare4,0643,58513.4%
Other services4,0023,7746.0%
Construction3,7463,5834.5%
Waste services2,7022,32716.1%
Real estate and rental2,0401,9136.6%
Wholesale trade2,0192,171-7.0%
Finance and insurance1,6351,707-4.2%
Transport and warehousing1,0431,0202.3%
Manufacturing1,0101,015-0.5%
Educational services7497007.0%
Information6946634.7%
Arts and entertainment67756220.5%
Company management48743412.2%
Agriculture and forestry4844517.3%
Utilities917226.4%
Mining and oil extraction1224-50.0%

The sector that has had the strongest growth [in number of businesses] is the Unclassified sector, which has increased by 0.0% since 2009. The sector that has has the largest decline is the Wholesale trade sector, which has declined by 7.0% since the recession.

Employment Sector Growth

The Accommodation and food services sector has the most employees in the state of Hawaii. Since the end of the recession, the number of employees has grown from 90,122 to 110,735, a gain of 22.9%. The table below illustrates the change in number of employees in each sector.
Sector20182009Pct Chg
Accommodation and food services110,73590,12222.9%
Retail trade71,72466,5417.8%
Healthcare71,18359,76219.1%
Waste services48,96539,89322.7%
Construction35,86430,99915.7%
Transport and warehousing29,66023,53826.0%
Other services26,57424,1889.9%
Professional services24,66324,6280.1%
Wholesale trade17,77117,806-0.2%
Finance and insurance15,55516,251-4.3%
Educational services14,25413,7453.7%
Manufacturing14,17213,6783.6%
Arts and entertainment13,00610,68621.7%
Real estate and rental12,75811,41011.8%
Information9,1159,0710.5%
Company management8,9446,99627.8%
Agriculture and forestry5,6336,438-12.5%
Utilities3,7893,19018.8%
Mining and oil extraction220340-35.3%

The sector that has had the strongest employment growth [in number of employees] is the Accommodation and food services sector, which has increased by 22.9% since 2009. The sector that has has the largest employment decline in number of employees is the Agriculture and forestry sector, which has declined by 12.5% since the recession.

Weekly Wage Growth By Sector

The Utilities sector has the highest average weekly wage in the state of Hawaii. Since the end of the recession, the average wage has grown from $1,546 to $2,041, a gain of 32.0%. The table below illustrates the change in weekly wage in each sector.
Sector20182009Pct Chg
Utilities$2,041$1,54632.0%
Mining and oil extraction$1,791$1,49819.6%
Company management$1,736$1,36926.8%
Professional services$1,458$1,20221.3%
Finance and insurance$1,457$1,09133.5%
Construction$1,455$1,20720.5%
Information$1,332$1,07523.9%
Wholesale trade$1,146$92723.6%
Real estate and rental$1,081$77439.7%
Healthcare$1,075$88022.2%
Transport and warehousing$1,069$77438.1%
Manufacturing$901$74820.5%
Educational services$766$68312.2%
Agriculture and forestry$735$59822.9%
Other services$710$56825.0%
Waste services$704$58221.0%
Accommodation and food services$661$48735.7%
Retail trade$638$52721.1%
Arts and entertainment$592$50617.0%

The sector that has had the strongest wage growth is the Unclassified sector, which has increased by 0.0% since 2009. The sector that has has the smallest wage growth is the Educational services sector, which has declined by 12.2% since the recession.


Industry Growth

Business Industry Growth

The Restaurants and other eating places industry has the greatest number of businesses in the state of Hawaii. This industry currently has 3,228 businesses in it. There is no direct comparison to the total at the end of recession and is not included in the table below.

Industry20182009Pct Chg
Unclassified1,678785113.8%
Offices of physicians1,2341,1854.1%
Computer systems design and related services1,00073835.5%
Other similar organizations9441,014-6.9%
Residential building construction9008841.8%
Accounting and bookkeeping services74866911.8%

The top industry that has had the largest increase in the number of businesses is the Unclassified industry, which has increased by 113.8% since 2009. The top industry that has has the largest decline in the number of businesses is the Other similar organizations industry, which has declined by 6.9% since the recession.

Employment Industry Growth

The Restaurants and other eating places industry has the greatest number of employees in the state of Hawaii. This industry currently has 63,947 employees in it. There is no direct comparison back to the total at the end of the recession and is not included in the table below.

Industry20182009Pct Chg
Hotels and motels except casino hotels40,85434,12019.7%
General medical and surgical hospitals14,36112,15618.1%
Professional employer organizations14,2308,59165.6%
Supermarkets and other grocery stores11,2969,65517.0%
Scheduled air transportation9,3846,87936.4%

The top industry that has had the largest increase in the number of employees is the Hotels and motels except casino hotels industry, which has increased by 19.7% since 2009. The top industry that has has the largest decline in the number of employees is the Supermarkets and other grocery stores industry, which has declined by 17.0% since the recession.

Weekly Wage Growth By Industry

The Independent artists writers and performers industry has the highest average weekly wage in the state of Hawaii. Since the end of the recession, the average wage has grown from $1,788 to $4,029, a gain of 125.3%. The table below illustrates the change in weekly wage in each sector.
Industry20182009Pct Chg
Independent artists writers and performers$4,029$1,788125.3%
Computer and software merchant wholesalers$2,921$1,81261.2%
Securities brokerage$2,704$1,79250.9%
Portfolio management$2,616$1,39088.2%
Marine cargo handling$2,564$1,62258.1%
Software publishers$2,295$1,78228.8%

The top industry that has had the strongest wage growth is the Independent artists writers and performers industry, which has increased by 125.3% since 2009. The top industry that has has the largest wage decline is the Software publishers industry, which has declined by 28.8% since the recession.


Company Size

Business Growth By Company Size

The biggest percentage change in the number of businesses has been in businesses with 1,000 or more employees. The number of businesses with this number of employees has grown from 16 to 23, which is an increase of 43.8%.

The smallest percentage change in the number of businesses has been in businesses with 5 to 9 employees. The number of businesses with this number of employees has grown from 6,609 to 6,971, which is an increase of 5.5%.

Table: Change in the number of Businesses by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees23,60620,62414.5%
5-9 Employees6,9716,6095.5%
10-19 Employees4,8574,32212.4%
20-49 Employees3,2742,76918.2%
50-99 Employees1,1561,00914.6%
100-249 Employees51045811.4%
250-499 Employees1551438.4%
500-999 Employees544035.0%
More Than 1,000 Employees231643.8%


Employment Growth by Company Size

The biggest percentage change in the number of employees has been in businesses with 1,000 or more employees. The number of employees in companies this size has grown from 30,083 to 46,600, which is an increase of 54.9%.

The smallest percentage change in the number of employees has been in businesses with fewer than 5 employees. The number of employees with this number of employees has grown from 33,616 to 35,290, which is an increase of 5.0%.

Table: Change in the number of Employees by Size of Business, since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees35,29033,6165.0%
5-9 Employees45,77543,5125.2%
10-19 Employees65,10357,58113.1%
20-49 Employees97,10982,97817.0%
50-99 Employees78,95368,35215.5%
100-249 Employees74,41067,8219.7%
250-499 Employees52,94149,8436.2%
500-999 Employees35,56327,69028.4%
More Than 1,000 Employees46,60030,08354.9%


Weekly Wage Growth by Company Size

The biggest percentage change in the average weekly wage has been in businesses with 500 to 999 employees. The average weekly wage in companies this size has grown from $807 to $1,207, which is an increase of 49.6%.

The smallest percentage change in the average weekly wage has been in businesses with 50 to 99 employees. The average weekly wage in companies this size has grown from $722 to $856, which is an increase of 18.6%.

Table: Change Average Weekly Wage by Size Since the Recession:

Company SizeQ1 2018Q1 2010% Change
Fewer than 5 Employees$970$71635.5%
5-9 Employees$838$65727.5%
10-19 Employees$807$65223.8%
20-49 Employees$845$68822.8%
50-99 Employees$856$72218.6%
100-249 Employees$985$73534.0%
250-499 Employees$980$77127.1%
500-999 Employees$1,207$80749.6%
More Than 1,000 Employees$1,141$81540.0%



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.