Palm Bay-Melbourne-Titusville, Florida Unemployment
The BLS reported that the unemployment rate for Palm Bay fell 0.0 percentage points in November 2020 to 5.2%. For the same month, the metro unemployment rate was 1.2 percentage points lower than the Florida rate. The unemployment rate in Palm Bay peaked in April 2020 at 13.1% and is now 7.9 percentage points lower. From a post peak low of 5.2% in October 2020, 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 | November 2020 | Month/Month | Year/Year |
---|---|---|---|
National | 6.7% | -0.2 | +3.1 |
Florida | 6.4% | 0.0 | +3.6 |
Palm Bay | 5.2% | 0.0 | +2.3 |
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 35,046. There are now 20,360 fewer people unemployed in the metropolitan area. From a recent trough of 14,511 in October 2020, the number of unemployed has now grown by 175. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.
Unemployed Persons | November 2020 | Month/Month | Year/Year |
---|---|---|---|
Palm Bay | 14,686 | +175 | +6,345 |
Number of Unemployed Persons
Palm Bay, Florida Unemployment History
Date | National Unemployment Rate |
Florida Unemployment Rate |
Palm Bay Unemployment Rate |
Palm Bay Unemployed |
---|---|---|---|---|
December 2020 |
6.7% | — | — | — |
November 2020 |
6.7% | 6.4% | 5.2% | 14,686 |
October 2020 |
6.9% | 6.4% | 5.2% | 14,511 |
September 2020 |
7.8% | 7.2% | 5.3% | 14,765 |
August 2020 |
8.4% | 7.3% | 6.0% | 17,017 |
July 2020 |
10.2% | 11.4% | 9.2% | 25,274 |
June 2020 |
11.1% | 10.3% | 8.1% | 21,977 |
May 2020 |
13.3% | 13.7% | 11.7% | 31,627 |
April 2020 |
14.8% | 13.8% | 13.1% | 35,046 |
March 2020 |
4.4% | 4.4% | 4.5% | 12,755 |
February 2020 |
3.5% | 2.8% | 3.0% | 8,540 |
January 2020 |
3.5% | 2.8% | 2.9% | 8,454 |
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. ↩