Department of Numbers

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
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2020 data as December 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 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. ↩

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