Madison borough: Unemployment Rate Trend
How Madison borough'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
4.7%
2023
6.8%
Total change
+2.1 pp
% change
+44.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 4.7% | — |
| 2019 | 3.9% | -0.8 pp (-17%) |
| 2020 | 6.5% | +2.6 pp (66.7%) |
| 2021 | 7.2% | +0.7 pp (10.8%) |
| 2022 | 6.9% | -0.3 pp (-4.2%) |
| 2023 | 6.8% | -0.1 pp (-1.4%) |