Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.0 percentage points in September 2022 to 2.5%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in April 2020 at 14.6% and is now 12.1 percentage points lower. From a post peak low of 2.5% in August 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Florida 2.5% -0.2 -1.4
Cape Coral 2.5% 0.0 -1.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October metro level unemployment data has not yet been released.

Unemployment Rate: Cape Coral, Florida, National

Cape Coral, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Cape Coral, Florida Unemployed

The number of people unemployed in Cape Coral peaked in May 2020 at 47,535. There are now 38,239 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 September 2022 Month/Month Year/Year
Cape Coral 9,296 -93 -3,608

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
October
2022
3.7%
September
2022
3.5% 2.5% 2.5% 9,296
August
2022
3.7% 2.7% 2.5% 9,389
July
2022
3.5% 2.7% 2.6% 9,658
June
2022
3.6% 2.8% 2.7% 9,923
May
2022
3.6% 2.9% 2.8% 10,065
April
2022
3.6% 3.0% 2.9% 10,411
March
2022
3.6% 3.2% 3.0% 10,862
February
2022
3.8% 3.3% 3.1% 11,317
January
2022
4.0% 3.5% 3.2% 11,622
December
2021
3.9% 3.5% 3.3% 12,017
November
2021
4.2% 3.5% 3.3% 12,025

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.