Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison fell 0.0 percentage points in April 2022 to 2.2%. For the same month, the metro unemployment rate was 0.6 percentage points lower than the Wisconsin rate. The unemployment rate in Madison peaked in April 2020 at 11.2% and is now 9.0 percentage points lower. From a post peak low of 2.2% in February 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Madison unemployment with unemployment in other cities.

Unemployment Rate April 2022 Month/Month Year/Year
National 3.6% 0.0 -2.4
Wisconsin 2.8% 0.0 -1.5
Madison 2.2% 0.0 -1.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with April 2022 data as May metro level unemployment data has not yet been released.

Unemployment Rate: Madison, Wisconsin, National

Madison, Wisconsin monthly unemployment rate chart

Note: Recessions shown in gray.

Madison, Wisconsin Unemployed

The number of people unemployed in Madison peaked in April 2020 at 42,662. There are now 33,873 fewer people unemployed in the metropolitan area.

Unemployed Persons April 2022 Month/Month Year/Year
Madison 8,789 -33 -4,431

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
May
2022
3.6%
April
2022
3.6% 2.8% 2.2% 8,789
March
2022
3.6% 2.8% 2.2% 8,822
February
2022
3.8% 2.9% 2.2% 8,948
January
2022
4.0% 3.0% 2.3% 9,130
December
2021
3.9% 3.1% 2.4% 9,449
November
2021
4.2% 3.1% 2.3% 9,394
October
2021
4.6% 3.2% 2.4% 9,476
September
2021
4.7% 3.4% 2.5% 9,977
August
2021
5.2% 3.6% 2.7% 10,649
July
2021
5.4% 3.8% 2.9% 11,403
June
2021
5.9% 4.0% 3.0% 12,111

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.