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 February 2021 to 4.2%. For the same month, the metro unemployment rate was 0.5 percentage points lower than the Florida rate. The unemployment rate in Palm Bay peaked in April 2020 at 13.1% and is now 8.9 percentage points lower. From a post peak low of 4.2% in January 2021, 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 February 2021 Month/Month Year/Year
National 6.2% -0.1 +2.7
Florida 4.7% -0.1 +1.4
Palm Bay 4.2% 0.0 +1.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2021 data as March 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 April 2020 at 35,046. There are now 23,106 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 February 2021 Month/Month Year/Year
Palm Bay 11,940 -25 +3,400

Number of Unemployed Persons

Palm Bay, Florida Unemployment History

Date National
Unemployment Rate		 Florida
Unemployment Rate		 Palm Bay
Unemployment Rate		 Palm Bay
Unemployed
March
2021		 6.0% — — —
February
2021		 6.2% 4.7% 4.2% 11,940
January
2021		 6.3% 4.8% 4.2% 11,965
December
2020		 6.7% 5.1% 5.1% 14,510
November
2020		 6.7% 5.4% 5.2% 14,642
October
2020		 6.9% 5.8% 5.2% 14,511
September
2020		 7.8% 7.2% 5.3% 14,765
August
2020		 8.4% 7.9% 6.0% 17,017
July
2020		 10.2% 11.5% 9.2% 25,274
June
2020		 11.1% 11.6% 8.1% 21,977
May
2020		 13.3% 14.2% 11.7% 31,627
April
2020		 14.8% 14.0% 13.1% 35,046

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. ↩

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