Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.2 percentage points in July 2017 to 3.8%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in January 2010 at 13.0% and is now 9.2 percentage points lower. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate July 2017 Month/Month Year/Year
National 4.3% -0.1 -0.6
Florida 4.1% 0.0 -0.8
Cape Coral 3.8% -0.2 -0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2017 data as August 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 23,488 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 July 2017 Month/Month Year/Year
Cape Coral 12,628 -560 -2,108

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
August
2017
4.4% 4.0%
July
2017
4.3% 4.1% 3.8% 12,628
June
2017
4.4% 4.1% 4.0% 13,188
May
2017
4.3% 4.3% 4.1% 13,436
April
2017
4.4% 4.5% 4.2% 13,996
March
2017
4.5% 4.8% 4.4% 14,594
February
2017
4.7% 5.0% 4.7% 15,693
January
2017
4.8% 5.0% 4.9% 16,233
December
2016
4.7% 4.9% 4.7% 15,522
November
2016
4.6% 4.9% 4.7% 15,435
October
2016
4.8% 4.9% 4.6% 15,388
September
2016
4.9% 4.9% 4.6% 15,193

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.