Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison fell 0.7 percentage points in November 2020 to 4.0%. For the same month, the metro unemployment rate was 1.3 percentage points lower than the Wisconsin rate. The unemployment rate in Madison peaked in April 2020 at 11.6% and is now 7.6 percentage points lower. You can also compare Madison unemployment with unemployment in other cities.

Unemployment Rate November 2020 Month/Month Year/Year
National 6.7% -0.2 +3.1
Wisconsin 5.3% -0.7 +1.8
Madison 4.0% -0.7 +1.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2020 data as December 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 April 2020 at 42,401. There are now 26,695 fewer people unemployed in the metropolitan area.

Unemployed Persons November 2020 Month/Month Year/Year
Madison 15,706 -2,940 +5,589

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
December
2020
6.7% 5.5%
November
2020
6.7% 5.3% 4.0% 15,706
October
2020
6.9% 6.0% 4.7% 18,646
September
2020
7.8% 5.4% 4.2% 16,582
August
2020
8.4% 6.3% 5.4% 20,052
July
2020
10.2% 7.1% 6.1% 22,367
June
2020
11.1% 8.6% 7.3% 27,229
May
2020
13.3% 12.1% 10.0% 37,522
April
2020
14.8% 13.6% 11.6% 42,401
March
2020
4.4% 3.1% 2.4% 9,539
February
2020
3.5% 3.5% 2.6% 10,062
January
2020
3.5% 3.5% 2.6% 10,209

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.