Cape Coral-Fort Myers, Florida Unemployment
The BLS reported that the unemployment rate for Cape Coral fell 0.7 percentage points in July 2021 to 4.5%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in April 2020 at 15.5% and is now 11.0 percentage points lower. From a post peak low of 3.9% in December 2020, the unemployment rate has now grown by 0.6 percentage points. You can also compare Cape Coral unemployment with unemployment in other cities.
| Unemployment Rate | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 5.4% | -0.5 | -4.8 |
| Florida | 5.1% | +0.1 | -6.4 |
| Cape Coral | 4.5% | -0.7 | -5.8 |
Unemployment Rate: Cape Coral, Florida, National
Note: Recessions shown in gray.
Cape Coral, Florida Unemployed
The number of people unemployed in Cape Coral peaked in April 2020 at 51,300. There are now 35,030 fewer people unemployed in the metropolitan area. From a recent trough of 13,400 in December 2020, the number of unemployed has now grown by 2,870. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.
| Unemployed Persons | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Cape Coral | 16,270 | -2,309 | -19,657 |
Number of Unemployed Persons
Cape Coral, Florida Unemployment History
| Date | National Unemployment Rate |
Florida Unemployment Rate |
Cape Coral Unemployment Rate |
Cape Coral Unemployed |
|---|---|---|---|---|
| August 2021 |
5.2% | — | — | — |
| July 2021 |
5.4% | 5.1% | 4.5% | 16,270 |
| June 2021 |
5.9% | 5.0% | 5.2% | 18,579 |
| May 2021 |
5.8% | 4.9% | 4.9% | 17,066 |
| April 2021 |
6.1% | 4.8% | 5.0% | 17,373 |
| March 2021 |
6.0% | 4.7% | 5.0% | 17,538 |
| February 2021 |
6.2% | 4.7% | 4.7% | 16,381 |
| January 2021 |
6.3% | 4.8% | 4.5% | 15,351 |
| December 2020 |
6.7% | 5.1% | 3.9% | 13,400 |
| November 2020 |
6.7% | 5.4% | 4.3% | 14,716 |
| October 2020 |
6.9% | 5.8% | 4.8% | 16,681 |
| September 2020 |
7.8% | 7.2% | 5.7% | 19,578 |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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