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 |
Unemployment Rate: Toledo, Ohio, National
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. ↩
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