Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.6 percentage points in May 2020 to 14.5%. For the same month, the metro unemployment rate was 0.8 percentage points higher than the Florida rate. The unemployment rate in Cape Coral peaked in April 2020 at 15.1% and is now 0.6 percentage points lower. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate	May 2020	Month/Month	Year/Year
National	13.3%	-1.4	+9.7
Florida	13.7%	-0.1	+10.5
Cape Coral	14.5%	-0.6	+11.2

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with May 2020 data as June metro level unemployment data has not yet been released.

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 48,094. There are now 161 fewer people unemployed in the metropolitan area. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons	May 2020	Month/Month	Year/Year
Cape Coral	47,933	-161	+36,679

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date	National Unemployment Rate	Florida Unemployment Rate	Cape Coral Unemployment Rate	Cape Coral Unemployed
July 2020	10.2%	—	—	—
June 2020	11.1%	10.4%	—	—
May 2020	13.3%	13.7%	14.5%	47,933
April 2020	14.7%	13.8%	15.1%	48,094
March 2020	4.4%	4.4%	4.4%	15,216
February 2020	3.5%	2.8%	2.9%	10,232
January 2020	3.6%	2.8%	2.9%	10,123
December 2019	3.5%	2.9%	2.8%	9,866
November 2019	3.5%	2.8%	2.8%	10,003
October 2019	3.6%	2.9%	2.9%	10,173
September 2019	3.5%	2.9%	3.0%	10,369
August 2019	3.7%	3.0%	3.0%	10,581