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
4.5%
2023
4.4%
Total change
-0.1 pp
% change
-2.2%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.5% | — |
| 2019 | 5.3% | +0.8 pp (17.8%) |
| 2020 | 4.0% | -1.3 pp (-24.5%) |
| 2021 | 3.7% | -0.3 pp (-7.5%) |
| 2022 | 4.6% | +0.9 pp (24.3%) |
| 2023 | 4.4% | -0.2 pp (-4.3%) |