Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison fell 0.1 percentage points in February 2019 to 2.2%. 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 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 February 2019 Month/Month Year/Year
National 3.8% -0.2 -0.3
Wisconsin 2.9% -0.1 0.0
Madison 2.2% -0.1 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2019 data as March 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 15,933 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 189.

Unemployed Persons February 2019 Month/Month Year/Year
Madison 8,516 -581 +29

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
March
2019
3.8% 2.9%
February
2019
3.8% 2.9% 2.2% 8,516
January
2019
4.0% 3.0% 2.3% 9,097
December
2018
3.9% 3.0% 2.2% 8,523
November
2018
3.7% 3.0% 2.2% 8,494
October
2018
3.8% 3.0% 2.2% 8,640
September
2018
3.7% 3.0% 2.1% 8,367
August
2018
3.8% 3.0% 2.3% 9,080
July
2018
3.9% 3.0% 2.3% 9,080
June
2018
4.0% 3.1% 2.3% 9,233
May
2018
3.8% 3.1% 2.1% 8,327
April
2018
3.9% 3.0% 2.1% 8,397

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.