Cape Coral-Fort Myers, Florida Unemployment
The BLS reported that the unemployment rate for Cape Coral fell 0.1 percentage points in February 2021 to 4.3%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in April 2020 at 15.1% and is now 10.8 percentage points lower. You can also compare Cape Coral unemployment with unemployment in other cities.
| Unemployment Rate | February 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 6.2% | -0.1 | +2.7 |
| Florida | 4.7% | -0.1 | +1.4 |
| Cape Coral | 4.3% | -0.1 | +1.4 |
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 33,323 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 | February 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Cape Coral | 14,771 | -135 | +4,539 |
Number of Unemployed Persons
Cape Coral, Florida Unemployment History
| Date | National Unemployment Rate |
Florida Unemployment Rate |
Cape Coral Unemployment Rate |
Cape Coral Unemployed |
|---|---|---|---|---|
| March 2021 |
6.0% | — | — | — |
| February 2021 |
6.2% | 4.7% | 4.3% | 14,771 |
| January 2021 |
6.3% | 4.8% | 4.4% | 14,906 |
| December 2020 |
6.7% | 5.1% | 5.4% | 18,720 |
| November 2020 |
6.7% | 5.4% | 5.5% | 18,867 |
| October 2020 |
6.9% | 5.8% | 5.2% | 17,917 |
| September 2020 |
7.8% | 7.2% | 6.0% | 20,179 |
| August 2020 |
8.4% | 7.9% | 6.7% | 22,823 |
| July 2020 |
10.2% | 11.5% | 10.4% | 34,787 |
| June 2020 |
11.1% | 11.6% | 9.3% | 30,573 |
| May 2020 |
13.3% | 14.2% | 13.2% | 42,937 |
| April 2020 |
14.8% | 14.0% | 15.1% | 48,094 |
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. ↩
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