Department of Numbers

Palm Bay-Melbourne-Titusville, Florida Unemployment

The BLS reported that the unemployment rate for Palm Bay fell 0.0 percentage points in September 2022 to 2.5%. 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 April 2020 at 12.7% and is now 10.2 percentage points lower. From a post peak low of 2.5% in August 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Palm Bay unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Florida 2.5% -0.2 -1.4
Palm Bay 2.5% 0.0 -1.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October metro level unemployment data has not yet been released.

Unemployment Rate: Palm Bay, Florida, National

Palm Bay, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Palm Bay, Florida Unemployed

The number of people unemployed in Palm Bay peaked in May 2020 at 34,181. There are now 26,737 fewer people unemployed in the metropolitan area. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.

Unemployed Persons September 2022 Month/Month Year/Year
Palm Bay 7,444 -57 -2,619

Number of Unemployed Persons

Palm Bay, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Palm Bay
Unemployment Rate
Palm Bay
Unemployed
October
2022
3.7%
September
2022
3.5% 2.5% 2.5% 7,444
August
2022
3.7% 2.7% 2.5% 7,501
July
2022
3.5% 2.7% 2.6% 7,687
June
2022
3.6% 2.8% 2.7% 7,885
May
2022
3.6% 2.9% 2.7% 8,010
April
2022
3.6% 3.0% 2.8% 8,235
March
2022
3.6% 3.2% 2.9% 8,529
February
2022
3.8% 3.3% 3.0% 8,854
January
2022
4.0% 3.5% 3.1% 9,140
December
2021
3.9% 3.5% 3.3% 9,524
November
2021
4.2% 3.5% 3.2% 9,467

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.