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 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

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 30,957. 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

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.