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 April 2022 to 2.9%. 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 April 2020 at 14.6% and is now 11.7 percentage points lower. You can also compare Cape Coral unemployment with unemployment in other cities.

Unemployment Rate April 2022 Month/Month Year/Year
National 3.6% 0.0 -2.4
Florida 3.0% -0.2 -2.1
Cape Coral 2.9% -0.1 -1.8
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with April 2022 data as May 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 May 2020 at 47,535. There are now 37,126 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 April 2022 Month/Month Year/Year
Cape Coral 10,409 -453 -6,082

Number of Unemployed Persons

Cape Coral, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Cape Coral
Unemployment Rate
Cape Coral
Unemployed
May
2022
3.6%
April
2022
3.6% 3.0% 2.9% 10,409
March
2022
3.6% 3.2% 3.0% 10,862
February
2022
3.8% 3.3% 3.1% 11,317
January
2022
4.0% 3.5% 3.2% 11,622
December
2021
3.9% 3.5% 3.3% 12,017
November
2021
4.2% 3.5% 3.3% 12,025
October
2021
4.6% 3.7% 3.4% 12,207
September
2021
4.7% 3.9% 3.6% 12,904
August
2021
5.2% 4.3% 3.8% 13,881
July
2021
5.4% 4.5% 4.2% 15,081
June
2021
5.9% 4.8% 4.6% 16,391

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.