Overall unemployment rate stayed flat at 4.6% with the biggest shift in Restaurants & Hotels, which lost 800 roles, based on the most recently available information published in June 2021.
Total employment in the Cape Coral-Fort Myers, FL market rose by 854 jobs in April and the unemployment rate stayed flat. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Cape Coral-Fort Myers, FL unemployment rate is 115 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,040 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -0.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.3%. Key sectors include:
- Transportation & Utilities: 54,100; -300
- Government: 43,900; +100
- Restaurants & Hotels: 38,200; -800
- Business Services: 36,800; no change
- Construction, Mining: 34,800; +200
- Education & Healthcare: 31,500; -600
- Financial Services: 13,900; +500
- Other Jobs: 11,000; no change
- Manufacturing: 6,500; no change
- IT & Development: 2,700; +100
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.