Madison, Wisconsin Unemployment
The BLS reported that the unemployment rate for Madison fell 0.1 percentage points in July 2021 to 3.1%. 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 April 2020 at 11.9% and is now 8.8 percentage points lower. You can also compare Madison unemployment with unemployment in other cities.
| Unemployment Rate | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| National | 5.4% | -0.5 | -4.8 |
| Wisconsin | 3.9% | 0.0 | -3.3 |
| Madison | 3.1% | -0.1 | -2.6 |
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 44,666. There are now 32,379 fewer people unemployed in the metropolitan area.
| Unemployed Persons | July 2021 | Month/Month | Year/Year |
|---|---|---|---|
| Madison | 12,287 | -90 | -9,683 |
Number of Unemployed Persons
Madison, Wisconsin Unemployment History
| Date | National Unemployment Rate |
Wisconsin Unemployment Rate |
Madison Unemployment Rate |
Madison Unemployed |
|---|---|---|---|---|
| August 2021 |
5.2% | — | — | — |
| July 2021 |
5.4% | 3.9% | 3.1% | 12,287 |
| June 2021 |
5.9% | 3.9% | 3.2% | 12,377 |
| May 2021 |
5.8% | 3.9% | 3.2% | 12,534 |
| April 2021 |
6.1% | 3.9% | 3.3% | 12,780 |
| March 2021 |
6.0% | 3.8% | 3.4% | 13,226 |
| February 2021 |
6.2% | 3.8% | 3.6% | 14,064 |
| January 2021 |
6.3% | 3.8% | 4.0% | 15,432 |
| December 2020 |
6.7% | 4.0% | 3.3% | 12,846 |
| November 2020 |
6.7% | 4.4% | 3.5% | 13,623 |
| October 2020 |
6.9% | 4.8% | 3.8% | 14,715 |
| September 2020 |
7.8% | 5.2% | 4.1% | 16,292 |
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. ↩
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