Palm Bay-Melbourne-Titusville, Florida Unemployment

The BLS reported that the unemployment rate for Palm Bay fell 0.1 percentage points in February 2018 to 3.8%. For the same month, the metro unemployment rate was 0.1 percentage points lower than the Florida rate. The unemployment rate in Palm Bay peaked in November 2010 at 11.6% and is now 7.8 percentage points lower. From a post peak low of 3.5% in October 2017, the unemployment rate has now grown by 0.3 percentage points. You can also compare Palm Bay unemployment with unemployment in other cities.

Unemployment Rate	February 2018	Month/Month	Year/Year
National	4.1%	0.0	-0.6
Florida	3.9%	0.0	-0.6
Palm Bay	3.8%	-0.1	-1.3

Note: Metro level data is now seasonally adjusted.¹ All comparisons are made with February 2018 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 30,957. There are now 20,637 fewer people unemployed in the metropolitan area. From a recent trough of 9,449 in October 2017, the number of unemployed has now grown by 871. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.

Unemployed Persons	February 2018	Month/Month	Year/Year
Palm Bay	10,320	-125	-3,355

Number of Unemployed Persons

Palm Bay, Florida Unemployment History

Date	National Unemployment Rate	Florida Unemployment Rate	Palm Bay Unemployment Rate	Palm Bay Unemployed
March 2018	4.1%	—	—	—
February 2018	4.1%	3.9%	3.8%	10,320
January 2018	4.1%	3.9%	3.9%	10,445
December 2017	4.1%	3.9%	3.8%	10,216
November 2017	4.1%	3.9%	3.8%	10,175
October 2017	4.1%	3.9%	3.5%	9,449
September 2017	4.2%	3.9%	3.6%	9,794
August 2017	4.4%	4.0%	4.1%	10,923
July 2017	4.3%	4.1%	4.1%	11,180
June 2017	4.3%	4.1%	4.3%	11,527
May 2017	4.3%	4.2%	4.4%	11,761
April 2017	4.4%	4.3%	4.5%	12,246