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 April 2016 to 4.6%. 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 13.0% and is now 8.4 percentage points lower. From a post peak low of 4.5% in February 2016, 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 April 2016 Month/Month Year/Year
National 5.0% 0.0 -0.4
Florida 4.8% -0.1 -0.7
Cape Coral 4.6% +0.1 -0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with April 2016 data as May 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 21,131 fewer people unemployed in the metropolitan area. From a recent trough of 14,685 in February 2016, the number of unemployed has now grown by 300. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons April 2016 Month/Month Year/Year
Cape Coral 14,985 +229 -1,900

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
May
2016
4.7% 4.7%
April
2016
5.0% 4.8% 4.6% 14,985
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
June
2015
5.3% 5.3% 5.1% 16,193

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.