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 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

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 36,105. 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

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.