Department of Numbers

Madison, Wisconsin Unemployment

The BLS reported that the unemployment rate for Madison fell 1.7 percentage points in May 2020 to 9.9%. For the same month, the metro unemployment rate was 2.1 percentage points lower than the Wisconsin rate. The unemployment rate in Madison peaked in April 2020 at 11.6% and is now 1.7 percentage points lower. You can also compare Madison unemployment with unemployment in other cities.

Unemployment Rate May 2020 Month/Month Year/Year
National 13.3% -1.4 +9.7
Wisconsin 12.0% -1.6 +8.7
Madison 9.9% -1.7 +7.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2020 data as June 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 5,453 fewer people unemployed in the metropolitan area.

Unemployed Persons May 2020 Month/Month Year/Year
Madison 36,948 -5,453 +27,110

Number of Unemployed Persons

Madison, Wisconsin Unemployment History

Date National
Unemployment Rate
Wisconsin
Unemployment Rate
Madison
Unemployment Rate
Madison
Unemployed
June
2020
11.1%
May
2020
13.3% 12.0% 9.9% 36,948
April
2020
14.7% 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
3.6% 3.5% 2.6% 10,209
December
2019
3.5% 3.5% 2.6% 10,130
November
2019
3.5% 3.5% 2.6% 10,117
October
2019
3.6% 3.5% 2.6% 10,108
September
2019
3.5% 3.4% 2.6% 10,095
August
2019
3.7% 3.4% 2.6% 10,077
July
2019
3.7% 3.4% 2.6% 10,040

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.