Department of Numbers

Cape Coral-Fort Myers, Florida Unemployment

The BLS reported that the unemployment rate for Cape Coral fell 0.6 percentage points in May 2020 to 14.5%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Florida rate. The unemployment rate in Cape Coral peaked in April 2020 at 15.1% and is now 0.6 percentage points lower. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate May 2020 Month/Month Year/Year
National 13.3% -1.4 +9.7
Florida 14.5% +0.7 +11.3
Cape Coral 14.5% -0.6 +11.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2020 data as June 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 April 2020 at 48,094. There are now 161 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 May 2020 Month/Month Year/Year
Cape Coral 47,933 -161 +36,679

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
June
2020
11.1%
May
2020
13.3% 14.5% 14.5% 47,933
April
2020
14.7% 13.8% 15.1% 48,094
March
2020
4.4% 4.4% 4.4% 15,216
February
2020
3.5% 2.8% 2.9% 10,232
January
2020
3.6% 2.8% 2.9% 10,123
December
2019
3.5% 2.9% 2.8% 9,866
November
2019
3.5% 2.8% 2.8% 10,003
October
2019
3.6% 2.9% 2.9% 10,173
September
2019
3.5% 2.9% 3.0% 10,369
August
2019
3.7% 3.0% 3.0% 10,581
July
2019
3.7% 3.1% 3.1% 10,803

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.