Palm Bay-Melbourne-Titusville, Florida Unemployment
The BLS reported that the unemployment rate for Palm Bay fell 0.3 percentage points in July 2021 to 4.8%. For the same month, the metro unemployment rate was 0.3 percentage points lower than the Florida rate. The unemployment rate in Palm Bay peaked in April 2020 at 13.6% and is now 8.8 percentage points lower. From a post peak low of 4.1% in December 2020, the unemployment rate has now grown by 0.7 percentage points. You can also compare Palm Bay unemployment with unemployment in other cities.
| Unemployment Rate | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 5.4% | -0.5 | -4.8 |
| Florida | 5.1% | +0.1 | -6.4 |
| Palm Bay | 4.8% | -0.3 | -4.4 |
Unemployment Rate: Palm Bay, Florida, National
Note: Recessions shown in gray.
Palm Bay, Florida Unemployed
The number of people unemployed in Palm Bay peaked in April 2020 at 37,045. There are now 22,730 fewer people unemployed in the metropolitan area. From a recent trough of 11,578 in December 2020, the number of unemployed has now grown by 2,737. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.
| Unemployed Persons | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Palm Bay | 14,315 | -614 | -11,380 |
Number of Unemployed Persons
Palm Bay, Florida Unemployment History
| Date | National Unemployment Rate |
Florida Unemployment Rate |
Palm Bay Unemployment Rate |
Palm Bay Unemployed |
|---|---|---|---|---|
| August 2021 |
5.2% | — | — | — |
| July 2021 |
5.4% | 5.1% | 4.8% | 14,315 |
| June 2021 |
5.9% | 5.0% | 5.1% | 14,929 |
| May 2021 |
5.8% | 4.9% | 4.6% | 13,438 |
| April 2021 |
6.1% | 4.8% | 4.7% | 13,628 |
| March 2021 |
6.0% | 4.7% | 4.8% | 13,801 |
| February 2021 |
6.2% | 4.7% | 5.0% | 14,521 |
| January 2021 |
6.3% | 4.8% | 4.7% | 13,403 |
| December 2020 |
6.7% | 5.1% | 4.1% | 11,578 |
| November 2020 |
6.7% | 5.4% | 4.3% | 12,056 |
| October 2020 |
6.9% | 5.8% | 4.6% | 12,966 |
| September 2020 |
7.8% | 7.2% | 5.2% | 14,656 |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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