Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.0 percentage points in May 2014 to 6.1%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in January 2010 at 13.1% and is now 7.0 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 May 2014 Month/Month Year/Year
National 6.3% 0.0 -1.2
Florida 6.3% +0.1 -1.2
Cape Coral 6.1% 0.0 -1.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2014 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 36,225. There are now 17,733 fewer people unemployed in the metropolitan area. From a recent trough of 17,754 in January 2014, the number of unemployed has now grown by 738. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons May 2014 Month/Month Year/Year
Cape Coral 18,492 +131 -3,483

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
June
2014
6.1% 6.2%
May
2014
6.3% 6.3% 6.1% 18,492
April
2014
6.3% 6.2% 6.1% 18,361
March
2014
6.7% 6.3% 6.1% 18,414
February
2014
6.7% 6.2% 6.0% 17,885
January
2014
6.6% 6.2% 6.0% 17,754
December
2013
6.7% 6.3% 6.1% 18,207
November
2013
7.0% 6.5% 6.3% 18,663
October
2013
7.2% 6.7% 6.5% 19,207
September
2013
7.2% 6.9% 6.7% 19,796
August
2013
7.2% 7.1% 6.9% 20,405
July
2013
7.3% 7.3% 7.1% 20,983
June
2013
7.5% 7.4% 7.3% 21,499

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.