Department of Numbers

Palm Bay-Melbourne-Titusville, Florida Unemployment

The BLS reported that the unemployment rate for Palm Bay fell 0.1 percentage points in February 2019 to 3.5%. 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 February 2010 at 11.5% and is now 8.0 percentage points lower. From a post peak low of 3.0% in September 2018, the unemployment rate has now grown by 0.5 percentage points. You can also compare Palm Bay unemployment with unemployment in other cities.

Unemployment Rate February 2019 Month/Month Year/Year
National 3.8% -0.2 -0.3
Florida 3.5% +0.1 -0.4
Palm Bay 3.5% -0.1 -0.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2019 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 November 2010 at 30,948. There are now 20,922 fewer people unemployed in the metropolitan area. From a recent trough of 8,137 in October 2018, the number of unemployed has now grown by 1,889. Palm Bay employment and jobs data (including jobs lost/gained in Palm Bay, Florida) is also available.

Unemployed Persons February 2019 Month/Month Year/Year
Palm Bay 10,026 -199 -384

Number of Unemployed Persons

Palm Bay, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Palm Bay
Unemployment Rate
Palm Bay
Unemployed
March
2019
3.8% 3.5%
February
2019
3.8% 3.5% 3.5% 10,026
January
2019
4.0% 3.4% 3.6% 10,225
December
2018
3.9% 3.3% 3.4% 9,332
November
2018
3.7% 3.3% 3.1% 8,381
October
2018
3.8% 3.3% 3.0% 8,137
September
2018
3.7% 3.3% 3.0% 8,214
August
2018
3.8% 3.4% 3.5% 9,446
July
2018
3.9% 3.5% 3.6% 9,896
June
2018
4.0% 3.6% 3.7% 9,935
May
2018
3.8% 3.7% 3.6% 9,768
April
2018
3.9% 3.7% 3.8% 10,264

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.