Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.0 percentage points in February 2018 to 3.6%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in January 2010 at 13.0% and is now 9.4 percentage points lower. From a post peak low of 3.3% in October 2017, the unemployment rate has now grown by 0.3 percentage points. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate	February 2018	Month/Month	Year/Year
National	4.1%	0.0	-0.6
Florida	3.9%	0.0	-0.6
Cape Coral	3.6%	0.0	-1.1

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with February 2018 data as March 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 February 2010 at 36,116. There are now 24,008 fewer people unemployed in the metropolitan area. From a recent trough of 10,890 in October 2017, the number of unemployed has now grown by 1,218. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons	February 2018	Month/Month	Year/Year
Cape Coral	12,108	-26	-3,585

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date	National Unemployment Rate	Florida Unemployment Rate	Cape Coral Unemployment Rate	Cape Coral Unemployed
March 2018	4.1%	—	—	—
February 2018	4.1%	3.9%	3.6%	12,108
January 2018	4.1%	3.9%	3.6%	12,134
December 2017	4.1%	3.9%	3.6%	11,885
November 2017	4.1%	3.9%	3.6%	11,810
October 2017	4.1%	3.9%	3.3%	10,890
September 2017	4.2%	3.9%	3.4%	11,175
August 2017	4.4%	4.0%	3.7%	12,251
July 2017	4.3%	4.1%	3.9%	12,680
June 2017	4.3%	4.1%	4.0%	13,188
May 2017	4.3%	4.2%	4.1%	13,436
April 2017	4.4%	4.3%	4.2%	13,996