Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison rose 0.1 percentage points in July 2019 to 2.3%. For the same month, the metro unemployment rate was 0.7 percentage points lower than the Wisconsin rate. The unemployment rate in Madison peaked in October 2009 at 6.8% and is now 4.5 percentage points lower. From a post peak low of 2.2% in February 2019, the unemployment rate has now grown by 0.1 percentage points. You can also compare Madison unemployment with unemployment in other cities.

Unemployment Rate July 2019 Month/Month Year/Year
National 3.7% 0.0 -0.2
Wisconsin 3.0% +0.1 0.0
Madison 2.3% +0.1 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with July 2019 data as August 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 November 2009 at 24,775. There are now 15,950 fewer people unemployed in the metropolitan area. From a recent trough of 8,425 in April 2019, the number of unemployed has now grown by 400.

Unemployed Persons July 2019 Month/Month Year/Year
Madison 8,825 +190 -77

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
September
2019
3.5%
August
2019
3.7% 3.1%
July
2019
3.7% 3.0% 2.3% 8,825
June
2019
3.7% 2.9% 2.2% 8,635
May
2019
3.6% 2.8% 2.2% 8,491
April
2019
3.6% 2.8% 2.2% 8,425
March
2019
3.8% 2.9% 2.2% 8,518
February
2019
3.8% 2.9% 2.2% 8,585
January
2019
4.0% 3.0% 2.3% 8,760
December
2018
3.9% 3.0% 2.3% 8,746
November
2018
3.7% 3.0% 2.3% 8,723
October
2018
3.8% 3.0% 2.3% 8,700

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.