Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison fell 0.0 percentage points in February 2018 to 2.1%. 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 6.9% and is now 4.8 percentage points lower. From a post peak low of 2.1% in December 2017, the unemployment rate has now grown by 0.0 percentage points. You can also compare Madison unemployment with unemployment in other cities.

Unemployment Rate February 2018 Month/Month Year/Year
National 4.1% 0.0 -0.6
Wisconsin 2.9% -0.2 -0.5
Madison 2.1% 0.0 -0.8
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2018 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 January 2010 at 24,817. There are now 16,525 fewer people unemployed in the metropolitan area.

Unemployed Persons February 2018 Month/Month Year/Year
Madison 8,292 -85 -3,012

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
March
2018
4.1%
February
2018
4.1% 2.9% 2.1% 8,292
January
2018
4.1% 3.1% 2.1% 8,377
December
2017
4.1% 3.2% 2.1% 8,425
November
2017
4.1% 3.2% 2.2% 8,855
October
2017
4.1% 3.2% 2.4% 9,368
September
2017
4.2% 3.3% 2.5% 9,819
August
2017
4.4% 3.3% 2.5% 9,874
July
2017
4.3% 3.3% 2.5% 9,673
June
2017
4.3% 3.3% 2.4% 9,468
May
2017
4.3% 3.3% 2.3% 9,025
April
2017
4.4% 3.3% 2.4% 9,250

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.