Cape Coral-Fort Myers, FL Metro Area: Unemployment Rate Trend
How Cape Coral-Fort Myers, FL Metro Area'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
7.1%
2023
4.2%
Total change
-2.9 pp
% change
-40.8%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.1% | — |
| 2019 | 5.3% | -1.8 pp (-25.4%) |
| 2020 | 5.0% | -0.3 pp (-5.7%) |
| 2021 | 4.6% | -0.4 pp (-8%) |
| 2022 | 4.5% | -0.1 pp (-2.2%) |
| 2023 | 4.2% | -0.3 pp (-6.7%) |