Madison city: Unemployment Rate Trend
How Madison city's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
18.2%
2023
3.2%
Total change
-15.0 pp
% change
-82.4%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 18.2% | — |
| 2019 | 11.5% | -6.7 pp (-36.8%) |
| 2020 | 11.0% | -0.5 pp (-4.3%) |
| 2021 | 9.1% | -1.9 pp (-17.3%) |
| 2022 | 7.0% | -2.1 pp (-23.1%) |
| 2023 | 3.2% | -3.8 pp (-54.3%) |