Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison rose 0.1 percentage points in October 2018 to 2.2%. For the same month, the metro unemployment rate was 0.8 percentage points lower than the Wisconsin rate. The unemployment rate in Madison peaked in January 2010 at 6.8% and is now 4.6 percentage points lower. From a post peak low of 2.1% in April 2018, the unemployment rate has now grown by 0.1 percentage points. You can also compare Madison unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
Wisconsin 3.0% 0.0 -0.2
Madison 2.2% +0.1 -0.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 data as November 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 December 2009 at 24,449. There are now 15,821 fewer people unemployed in the metropolitan area. From a recent trough of 8,327 in May 2018, the number of unemployed has now grown by 301.

Unemployed Persons October 2018 Month/Month Year/Year
Madison 8,628 +261 -571

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
November
2018
3.7%
October
2018
3.7% 3.0% 2.2% 8,628
September
2018
3.7% 3.0% 2.1% 8,367
August
2018
3.9% 3.0% 2.3% 9,080
July
2018
3.9% 2.9% 2.3% 9,080
June
2018
4.0% 2.9% 2.3% 9,233
May
2018
3.8% 2.8% 2.1% 8,327
April
2018
3.9% 2.8% 2.1% 8,397
March
2018
4.1% 2.9% 2.2% 8,724
February
2018
4.1% 2.9% 2.2% 8,487
January
2018
4.1% 3.1% 2.2% 8,524
December
2017
4.1% 3.2% 2.2% 8,730

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.