Unemployment Rate in Madison, WI (MSA) was 2.40% in December of 2025, according to the United States Federal Reserve. Historically, Unemployment Rate in Madison, WI (MSA) reached a record high of 11.10 in April of 2020 and a record low of 1.30 in September of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for Unemployment Rate in Madison, WI (MSA) - last updated from the United States Federal Reserve on April of 2026.