Department of Numbers

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
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2021 data as August 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 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.