Department of Numbers

Toledo, Ohio Unemployment

The BLS reported that the unemployment rate for Toledo fell 0.0 percentage points in May 2023 to 4.0%. For the same month, the metro unemployment rate was 0.4 percentage points higher than the Ohio rate. The unemployment rate in Toledo peaked in April 2020 at 20.6% and is now 16.6 percentage points lower. From a post peak low of 4.0% in March 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Toledo unemployment with unemployment in other cities.

Unemployment Rate May 2023 Month/Month Year/Year
National 3.7% +0.3 +0.1
Ohio 3.6% -0.1 -0.3
Toledo 4.0% 0.0 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2023 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Toledo, Ohio, National

Toledo, Ohio monthly unemployment rate chart

Note: Recessions shown in gray.

Toledo, Ohio Unemployed

The number of people unemployed in Toledo peaked in April 2020 at 59,934. There are now 48,155 fewer people unemployed in the metropolitan area. From a recent trough of 11,710 in April 2023, the number of unemployed has now grown by 69. Toledo employment and jobs data (including jobs lost/gained in Toledo, Ohio) is also available.

Unemployed Persons May 2023 Month/Month Year/Year
Toledo 11,779 +69 -116

Number of Unemployed Persons

Toledo, Ohio Unemployment History

Date National
Unemployment Rate
Ohio
Unemployment Rate
Toledo
Unemployment Rate
Toledo
Unemployed
June
2023
3.6%
May
2023
3.7% 3.6% 4.0% 11,779
April
2023
3.4% 3.7% 4.0% 11,710
March
2023
3.5% 3.8% 4.0% 11,879
February
2023
3.6% 3.9% 4.1% 11,932
January
2023
3.4% 4.0% 4.1% 12,114
December
2022
3.5% 4.1% 4.3% 12,528
November
2022
3.6% 4.1% 4.3% 12,567
October
2022
3.7% 4.2% 4.3% 12,608
September
2022
3.5% 4.1% 4.3% 12,558
August
2022
3.7% 4.1% 4.2% 12,411
July
2022
3.5% 4.0% 4.2% 12,201

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.