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

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