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Posted: Friday, November 16th, 2012 9:06 AM HST

Hawaii jobless rate drops to 5.5 percent

By Associated Press

HONOLULU (AP) — Hawaii's unemployment rate is hitting a new four-year-low. The state Department of Labor and Industrial Relations said Thursday Hawaii's jobless rate dropped 0.2 percentage point in October to a seasonally adjusted 5.5 percent. The state's jobless rate was at 5.7 percent in September — its lowest mark since 2008. Nationally, the seasonally adjusted unemployment rate rose to 7.9 percent from 7.8 percent in September.