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
7.0%
2023
5.2%
Total change
-1.8 pp
% change
-25.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 7.0% | — |
| 2019 | 10.7% | +3.7 pp (52.9%) |
| 2020 | 10.2% | -0.5 pp (-4.7%) |
| 2021 | 12.7% | +2.5 pp (24.5%) |
| 2022 | 10.5% | -2.2 pp (-17.3%) |
| 2023 | 5.2% | -5.3 pp (-50.5%) |