Palm Bay-Melbourne-Titusville, Florida Unemployment

The BLS reported that the unemployment rate for Palm Bay fell 0.1 percentage points in February 2019 to 3.5%. For the same month, the metro unemployment rate was 0.0 percentage points lower than the Florida rate. The unemployment rate in Palm Bay peaked in February 2010 at 11.5% and is now 8.0 percentage points lower. From a post peak low of 3.0% in September 2018, the unemployment rate has now grown by 0.5 percentage points. You can also compare Palm Bay 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
Palm Bay	3.5%	-0.1	-0.4

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: Palm Bay, Florida, National

Note: Recessions shown in gray.

Palm Bay, Florida Unemployed

The number of people unemployed in Palm Bay peaked in November 2010 at 30,948. There are now 20,922 fewer people unemployed in the metropolitan area. From a recent trough of 8,137 in October 2018, the number of unemployed has now grown by 1,889. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.

Unemployed Persons	February 2019	Month/Month	Year/Year
Palm Bay	10,026	-199	-384

Number of Unemployed Persons

Palm Bay, Florida Unemployment History

Date	National Unemployment Rate	Florida Unemployment Rate	Palm Bay Unemployment Rate	Palm Bay Unemployed
March 2019	3.8%	3.5%	—	—
February 2019	3.8%	3.5%	3.5%	10,026
January 2019	4.0%	3.4%	3.6%	10,225
December 2018	3.9%	3.3%	3.4%	9,332
November 2018	3.7%	3.3%	3.1%	8,381
October 2018	3.8%	3.3%	3.0%	8,137
September 2018	3.7%	3.3%	3.0%	8,214
August 2018	3.8%	3.4%	3.5%	9,446
July 2018	3.9%	3.5%	3.6%	9,896
June 2018	4.0%	3.6%	3.7%	9,935
May 2018	3.8%	3.7%	3.6%	9,768
April 2018	3.9%	3.7%	3.8%	10,264