Department of Numbers

Palm Bay-Melbourne-Titusville, Florida Unemployment

The BLS reported that the unemployment rate for Palm Bay rose 0.3 percentage points in November 2017 to 3.8%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Florida rate. The unemployment rate in Palm Bay peaked in November 2010 at 11.6% and is now 7.8 percentage points lower. From a post peak low of 3.5% in October 2017, the unemployment rate has now grown by 0.3 percentage points. You can also compare Palm Bay unemployment with unemployment in other cities.

Unemployment Rate November 2017 Month/Month Year/Year
National 4.1% 0.0 -0.5
Florida 3.6% 0.0 -1.3
Palm Bay 3.8% +0.3 -1.3
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2017 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Palm Bay, Florida, National

Palm Bay, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Palm Bay, Florida Unemployed

The number of people unemployed in Palm Bay peaked in November 2010 at 30,957. There are now 20,812 fewer people unemployed in the metropolitan area. From a recent trough of 9,449 in October 2017, the number of unemployed has now grown by 696. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.

Unemployed Persons November 2017 Month/Month Year/Year
Palm Bay 10,145 +696 -3,314

Number of Unemployed Persons

Palm Bay, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Palm Bay
Unemployment Rate
Palm Bay
Unemployed
December
2017
4.1%
November
2017
4.1% 3.6% 3.8% 10,145
October
2017
4.1% 3.6% 3.5% 9,449
September
2017
4.2% 3.8% 3.6% 9,794
August
2017
4.4% 4.0% 4.1% 10,923
July
2017
4.3% 4.1% 4.1% 11,180
June
2017
4.3% 4.1% 4.3% 11,527
May
2017
4.3% 4.3% 4.4% 11,761
April
2017
4.4% 4.5% 4.5% 12,246
March
2017
4.5% 4.8% 4.7% 12,754
February
2017
4.7% 5.0% 5.1% 13,675
January
2017
4.8% 5.0% 5.3% 14,078

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.