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 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

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 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

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.