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
3.7%
2023
1.1%
Total change
-2.6 pp
% change
-70.3%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.7% | — |
| 2019 | 1.7% | -2.0 pp (-54.1%) |
| 2020 | 1.7% | +0.0 pp (0%) |
| 2021 | 0.6% | -1.1 pp (-64.7%) |
| 2022 | 0.6% | +0.0 pp (0%) |
| 2023 | 1.1% | +0.5 pp (83.3%) |