Madison, WI Metro Area: Unemployment Rate Trend
How Madison, WI Metro Area'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
2.6%
Total change
-1.1 pp
% change
-29.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 3.7% | — |
| 2019 | 2.6% | -1.1 pp (-29.7%) |
| 2020 | 2.5% | -0.1 pp (-3.8%) |
| 2021 | 2.5% | +0.0 pp (0%) |
| 2022 | 2.4% | -0.1 pp (-4%) |
| 2023 | 2.6% | +0.2 pp (8.3%) |