Department of Numbers

Panama City-Lynn Haven-Panama City Beach, Florida Unemployment

The BLS reported that the unemployment rate for Panama City fell 0.4 percentage points in December 2011 to 9.3%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the Florida rate. The unemployment rate in Panama City peaked in December 2010 at 11.0% and is now 1.7 percentage points lower. You can also compare Panama City unemployment with unemployment in other cities.

Unemployment Rate December 2011 Month/Month Year/Year
National 8.5% -0.2 -0.9
Florida 9.9% -0.1 -2.1
Panama City 9.3% -0.4 -1.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with December 2011 data as January 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 December 2010 at 10,027. There are now 1,615 fewer people unemployed in the metropolitan area. Panama City employment and jobs data (including jobs lost/gained in Panama City, Florida) is also available.

Unemployed Persons December 2011 Month/Month Year/Year
Panama City 8,412 -344 -1,615

Number of Unemployed Persons

Panama City, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Panama City
Unemployment Rate
Panama City
Unemployed
January
2012
8.3%
December
2011
8.5% 9.9% 9.3% 8,412
November
2011
8.7% 10.0% 9.7% 8,756
October
2011
8.9% 10.4% 10.1% 9,102
September
2011
9.0% 10.6% 10.3% 9,247
August
2011
9.1% 10.7% 10.3% 9,316
July
2011
9.1% 10.7% 10.3% 9,329
June
2011
9.1% 10.7% 10.2% 9,297
May
2011
9.0% 10.6% 10.1% 9,238
April
2011
9.0% 10.8% 10.1% 9,192
March
2011
8.9% 11.1% 10.1% 9,230
February
2011
9.0% 11.5% 10.3% 9,423
January
2011
9.1% 11.9% 10.7% 9,757

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.