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
2.6%
2023
3.2%
Total change
+0.6 pp
% change
+23.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 2.6% | — |
| 2019 | 2.0% | -0.6 pp (-23.1%) |
| 2020 | 2.4% | +0.4 pp (20%) |
| 2021 | 2.5% | +0.1 pp (4.2%) |
| 2022 | 2.7% | +0.2 pp (8%) |
| 2023 | 3.2% | +0.5 pp (18.5%) |