Department of Numbers

Punta Gorda, Florida Unemployment

The BLS reported that the unemployment rate for Punta Gorda rose 0.1 percentage points in November 2023 to 3.5%. For the same month, the metro unemployment rate was 0.6 percentage points higher than the Florida rate. The unemployment rate in Punta Gorda peaked in April 2020 at 14.3% and is now 10.8 percentage points lower. From a post peak low of 2.8% in October 2022, the unemployment rate has now grown by 0.7 percentage points. You can also compare Punta Gorda unemployment with unemployment in other cities.

Unemployment Rate November 2023 Month/Month Year/Year
National 3.7% -0.1 +0.1
Florida 2.9% +0.1 +0.2
Punta Gorda 3.5% +0.1 +0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Punta Gorda, Florida, National

Punta Gorda, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Punta Gorda, Florida Unemployed

The number of people unemployed in Punta Gorda peaked in April 2020 at 9,451. There are now 6,674 fewer people unemployed in the metropolitan area. From a recent trough of 2,182 in November 2022, the number of unemployed has now grown by 595. Punta Gorda employment and jobs data (including jobs lost/gained in Punta Gorda, Florida) is also available.

Unemployed Persons November 2023 Month/Month Year/Year
Punta Gorda 2,777 +56 +595

Number of Unemployed Persons

Punta Gorda, Florida Unemployment History

Date National
Unemployment Rate		 Florida
Unemployment Rate		 Punta Gorda
Unemployment Rate		 Punta Gorda
Unemployed
December
2023		 3.7% — — —
November
2023		 3.7% 2.9% 3.5% 2,777
October
2023		 3.8% 2.8% 3.4% 2,721
September
2023		 3.8% 2.8% 3.3% 2,635
August
2023		 3.8% 2.7% 3.2% 2,533
July
2023		 3.5% 2.7% 3.1% 2,463
June
2023		 3.6% 2.6% 3.1% 2,404
May
2023		 3.7% 2.6% 3.0% 2,366
April
2023		 3.4% 2.6% 3.0% 2,326
March
2023		 3.5% 2.6% 3.0% 2,346
February
2023		 3.6% 2.6% 3.1% 2,379
January
2023		 3.4% 2.6% 3.2% 2,506

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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