Madison, Wisconsin Unemployment
The BLS reported that the unemployment rate for Madison fell 1.3 percentage points in January 2021 to 3.1%. 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 April 2020 at 11.6% and is now 8.5 percentage points lower. You can also compare Madison unemployment with unemployment in other cities.
Unemployment Rate | January 2021 | Month/Month | Year/Year |
---|---|---|---|
National | 6.3% | -0.4 | +2.8 |
Wisconsin | 3.8% | -0.2 | +0.5 |
Madison | 3.1% | -1.3 | +0.5 |
Unemployment Rate: Madison, Wisconsin, National
Note: Recessions shown in gray.
Madison, Wisconsin Unemployed
The number of people unemployed in Madison peaked in April 2020 at 42,401. There are now 30,256 fewer people unemployed in the metropolitan area.
Unemployed Persons | January 2021 | Month/Month | Year/Year |
---|---|---|---|
Madison | 12,145 | -5,193 | +1,936 |
Number of Unemployed Persons
Madison, Wisconsin Unemployment History
Date | National Unemployment Rate |
Wisconsin Unemployment Rate |
Madison Unemployment Rate |
Madison Unemployed |
---|---|---|---|---|
March 2021 |
6.0% | — | — | — |
February 2021 |
6.2% | 3.8% | — | — |
January 2021 |
6.3% | 3.8% | 3.1% | 12,145 |
December 2020 |
6.7% | 4.0% | 4.4% | 17,338 |
November 2020 |
6.7% | 4.4% | 4.1% | 16,181 |
October 2020 |
6.9% | 4.8% | 4.7% | 18,646 |
September 2020 |
7.8% | 5.2% | 4.2% | 16,582 |
August 2020 |
8.4% | 6.1% | 5.4% | 20,052 |
July 2020 |
10.2% | 7.2% | 6.1% | 22,367 |
June 2020 |
11.1% | 8.6% | 7.3% | 27,229 |
May 2020 |
13.3% | 10.4% | 10.0% | 37,522 |
April 2020 |
14.8% | 14.8% | 11.6% | 42,401 |
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. ↩