Department of Numbers

Panama City, Florida Unemployment

The BLS reported that the unemployment rate for Panama City fell 0.0 percentage points in November 2017 to 3.4%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the Florida rate. The unemployment rate in Panama City peaked in November 2010 at 11.0% and is now 7.6 percentage points lower. From a post peak low of 3.4% in October 2017, the unemployment rate has now grown by 0.0 percentage points. You can also compare Panama City 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
Panama City 3.4% 0.0 -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: Panama City, Florida, National

Panama City, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Panama City, Florida Unemployed

The number of people unemployed in Panama City peaked in November 2010 at 10,299. There are now 7,037 fewer people unemployed in the metropolitan area.

Unemployed Persons November 2017 Month/Month Year/Year
Panama City 3,262 -45 -1,154

Number of Unemployed Persons

Panama City, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Panama City
Unemployment Rate
Panama City
Unemployed
December
2017
4.1%
November
2017
4.1% 3.6% 3.4% 3,262
October
2017
4.1% 3.6% 3.4% 3,307
September
2017
4.2% 3.8% 3.7% 3,544
August
2017
4.4% 4.0% 4.2% 4,002
July
2017
4.3% 4.1% 4.3% 4,091
June
2017
4.3% 4.1% 4.4% 4,159
May
2017
4.3% 4.3% 4.5% 4,253
April
2017
4.4% 4.5% 4.6% 4,344
March
2017
4.5% 4.8% 4.6% 4,423
February
2017
4.7% 5.0% 4.8% 4,569
January
2017
4.8% 5.0% 5.0% 4,731

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.