Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.1 percentage points in July 2019 to 3.2%. 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 December 2009 at 12.9% and is now 9.7 percentage points lower. From a post peak low of 3.2% in August 2018, 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 July 2019 Month/Month Year/Year
National 3.7% 0.0 -0.2
Florida 3.3% -0.1 -0.2
Cape Coral 3.2% -0.1 -0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2019 data as August 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 35,781. There are now 24,552 fewer people unemployed in the metropolitan area. From a recent trough of 11,013 in September 2018, the number of unemployed has now grown by 216. Cape Coral employment and jobs data (including jobs lost/gained in Cape Coral, Florida) is also available.

Unemployed Persons July 2019 Month/Month Year/Year
Cape Coral 11,229 -215 -52

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
September
2019
3.5%
August
2019
3.7% 3.3%
July
2019
3.7% 3.3% 3.2% 11,229
June
2019
3.7% 3.4% 3.3% 11,444
May
2019
3.6% 3.4% 3.3% 11,521
April
2019
3.6% 3.5% 3.3% 11,643
March
2019
3.8% 3.5% 3.4% 11,695
February
2019
3.8% 3.5% 3.3% 11,586
January
2019
4.0% 3.4% 3.3% 11,410
December
2018
3.9% 3.3% 3.2% 11,138
November
2018
3.7% 3.3% 3.2% 11,102
October
2018
3.8% 3.3% 3.2% 11,026

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.