Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.4 percentage points in May 2016 to 4.2%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in January 2010 at 13.0% and is now 8.8 percentage points lower. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate May 2016 Month/Month Year/Year
National 4.7% -0.3 -0.8
Florida 4.7% -0.1 -0.7
Cape Coral 4.2% -0.4 -1.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2016 data as June 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 36,116. There are now 22,395 fewer people unemployed in the metropolitan area. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons May 2016 Month/Month Year/Year
Cape Coral 13,721 -1,318 -3,002

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
June
2016
4.9% 4.7%
May
2016
4.7% 4.7% 4.2% 13,721
April
2016
5.0% 4.8% 4.6% 15,039
March
2016
5.0% 4.9% 4.5% 14,756
February
2016
4.9% 5.0% 4.5% 14,685
January
2016
4.9% 5.1% 4.6% 15,080
December
2015
5.0% 5.1% 4.7% 15,099
November
2015
5.0% 5.1% 4.7% 15,250
October
2015
5.0% 5.1% 4.8% 15,300
September
2015
5.1% 5.1% 4.8% 15,322
August
2015
5.1% 5.2% 4.8% 15,501
July
2015
5.3% 5.2% 4.9% 15,782

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.