Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.1 percentage points in February 2019 to 3.4%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in January 2010 at 13.0% and is now 9.6 percentage points lower. From a post peak low of 2.8% in September 2018, the unemployment rate has now grown by 0.6 percentage points. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate	February 2019	Month/Month	Year/Year
National	3.8%	-0.2	-0.3
Florida	3.5%	+0.1	-0.4
Cape Coral	3.4%	-0.1	-0.2

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with February 2019 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 36,105. There are now 24,165 fewer people unemployed in the metropolitan area. From a recent trough of 9,687 in September 2018, the number of unemployed has now grown by 2,253. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons	February 2019	Month/Month	Year/Year
Cape Coral	11,940	-263	-336

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date	National Unemployment Rate	Florida Unemployment Rate	Cape Coral Unemployment Rate	Cape Coral Unemployed
March 2019	3.8%	3.5%	—	—
February 2019	3.8%	3.5%	3.4%	11,940
January 2019	4.0%	3.4%	3.5%	12,203
December 2018	3.9%	3.3%	3.3%	11,374
November 2018	3.7%	3.3%	3.0%	10,224
October 2018	3.8%	3.3%	2.9%	9,848
September 2018	3.7%	3.3%	2.8%	9,687
August 2018	3.8%	3.4%	3.3%	11,336
July 2018	3.9%	3.5%	3.4%	11,722
June 2018	4.0%	3.6%	3.5%	11,905
May 2018	3.8%	3.7%	3.4%	11,402
April 2018	3.9%	3.7%	3.6%	12,090