1. Home
  2. Panama City
  3. Statistics
  4. Economy & jobs
  5. Unemployment rate
Economy & jobs Statistics · City

Unemployment rate in Panama City

2000 – 2025 · 26 data points 23 of 83 · Towns of Florida Updated Nov 8, 2026

Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, 2000 – 2025

Unemployment rate, 2000 – 2025 percent · Panama City · Bay County · Florida · United States · World
−1.9 pp since 2015
Panama City Bay County Florida United States World

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics · OECD Regional Database · World Bank — World Development Indicators, 2000 – 2025

Compared with Unemployment rate · percent
Panama City
4.2%
Bay County
4.0%
Florida
3.9%
United States
3.6% · 2023
World
4.8%

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics · OECD Regional Database · World Bank — World Development Indicators

The series at a glance Panama City · 2000 – 2025
Latest value 4.2% · 2025
First value 5.2% · 2000
Highest 11.2% · 2010
Lowest 3.0% · 2022
Data points 26

By year

All years · 2000 – 2025

YearPanama CityChange Bay CountyFloridaUnited StatesWorld
2025 4.2% +0.7 pp 4.0% 3.9% — 4.8%
2024 3.5% +0.5 pp 3.3% 3.4% — 4.8%
2023 3.0% ±0.0 pp 2.9% 2.9% 3.6% 4.8%
2022 3.0% −1.7 pp 2.9% 3.0% 3.7% 5.2%
2021 4.7% −2.2 pp 4.1% 4.7% 5.4% 6.0%
2020 6.9% +2.9 pp 6.3% 8.0% 8.1% 6.6%
2019 4.0% −0.7 pp 3.8% 3.2% 3.7% 5.6%
2018 4.7% +0.2 pp 4.1% 3.6% 3.9% 5.8%
2017 4.5% −0.6 pp 4.2% 4.3% 4.4% 5.9%
2016 5.1% −1.0 pp 4.8% 4.9% 4.9% 6.0%
2015 6.1% −1.1 pp 5.5% 5.5% 5.3% 6.0%
2014 7.2% −1.1 pp 6.6% 6.5% 6.2% 6.0%
2013 8.3% −1.4 pp 7.6% 7.5% 5.3% 6.1%
2012 9.7% −1.3 pp 9.0% 8.7% 8.1% 6.2%
2011 11.0% −0.2 pp 10.4% 10.2% 9.0% 6.1%
2010 11.2% +1.9 pp 10.5% 11.3% 9.6% 6.3%
2009 9.3% +3.5 pp 9.0% 10.2% 9.3% 6.4%
2008 5.8% +1.9 pp 5.7% 6.3% 5.8% 5.8%
2007 3.9% +0.7 pp 3.7% 4.0% 4.6% 5.8%
2006 3.2% −0.4 pp 3.2% 3.3% 4.6% 6.0%
2005 3.6% −1.4 pp 3.6% 3.7% 5.1% 6.2%
2004 5.0% −1.1 pp 4.5% 4.6% 5.5% 6.3%
2003 6.1% −0.4 pp 5.4% 5.3% 6.0% 6.5%
2002 6.5% +0.6 pp 5.8% 5.6% 5.8% 6.4%
2001 5.9% +0.7 pp 5.3% 4.7% 4.8% 6.2%
2000 5.2% 4.7% 3.7% 4.0% 6.1%

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics · OECD Regional Database · World Bank — World Development Indicators, 2000 – 2025

Ranking · Towns of Florida

2023 · Place 1 is the highest value.

#TerritoryUnemployment rate
82 Doral 1.7%
81 Miami Lakes 1.8%
80 Miami Beach 1.8%
79 Miami 1.8%
78 Cutler Bay 1.8%
77 Key West 1.9%
76 Hialeah 1.9%
75 Aventura 2.0%
74 North Miami Beach 2.1%
73 Homestead 2.1%
72 Coral Gables 2.1%
71 North Miami 2.4%
70 Palm Springs 2.5%
69 Jupiter 2.5%
68 Davie 2.5%
67 Rockledge 2.6%
66 Plantation 2.6%
65 Pinellas Park 2.6%
64 Oakland Park 2.6%
63 Miami Gardens 2.6%
62 Weston 2.7%
61 West Melbourne 2.7%
60 St. Petersburg 2.7%
59 Royal Palm Beach 2.7%
58 Parkland 2.7%
…
33 Tamarac 3.0%
32 Port Orange 3.0%
31 Pompano Beach 3.0%
30 Panama City 3.0%
29 Melbourne 3.0%
28 Hallandale Beach 3.0%
27 Fort Lauderdale 3.0%
…

Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, 2023

What it means

The share of people who want a job and are looking for one but do not have one.

How it is calculated

Unemployed people divided by the labour force (employed plus unemployed), following the international definition; annual average.