Cape Coral city: Unemployment Rate Trend
How Cape Coral city's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
8.0%
2023
4.1%
Total change
-3.9 pp
% change
-48.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.0% | — |
| 2019 | 6.0% | -2.0 pp (-25%) |
| 2020 | 5.7% | -0.3 pp (-5%) |
| 2021 | 5.1% | -0.6 pp (-10.5%) |
| 2022 | 4.4% | -0.7 pp (-13.7%) |
| 2023 | 4.1% | -0.3 pp (-6.8%) |