Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral rose 0.1 percentage points in February 2014 to 6.1%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in December 2009 at 13.0% and is now 6.9 percentage points lower. From a post peak low of 6.0% in January 2014, the unemployment rate has now grown by 0.1 percentage points. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate February 2014 Month/Month Year/Year
National 6.7% +0.1 -1.0
Florida 6.2% 0.0 -1.7
Cape Coral 6.1% +0.1 -1.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2014 data as March metro level unemployment data has not yet been released.

Unemployment Rate: Cape Coral, Florida, National

Cape Coral, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Cape Coral, Florida Unemployed

The number of people unemployed in Cape Coral peaked in February 2010 at 36,112. There are now 18,178 fewer people unemployed in the metropolitan area. From a recent trough of 17,575 in January 2014, the number of unemployed has now grown by 359. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons February 2014 Month/Month Year/Year
Cape Coral 17,934 +359 -4,449

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
March
2014
6.7% 6.3%
February
2014
6.7% 6.2% 6.1% 17,934
January
2014
6.6% 6.2% 6.0% 17,575
December
2013
6.7% 6.3% 6.2% 17,702
November
2013
7.0% 6.5% 6.3% 18,186
October
2013
7.2% 6.7% 6.5% 18,569
September
2013
7.2% 6.9% 6.7% 19,100
August
2013
7.2% 7.1% 6.9% 19,670
July
2013
7.3% 7.3% 7.0% 20,218
June
2013
7.5% 7.4% 7.2% 20,566
May
2013
7.5% 7.5% 7.2% 20,784
April
2013
7.5% 7.6% 7.3% 20,982
March
2013
7.5% 7.7% 7.5% 21,468

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.