Toledo unemployment predicted to reach 12 percent

Posted by LS - email

TOLEDO (WTOL) - Toledo is one of 70 areas of the country where unemployment is expected to top 10% this year.

A forecast from the U.S. Conference of Mayors predicts the Toledo area will have a 12.1% rate in 2009. Youngstown is forecast to come in at 11% and Dayton at 10.9.

The New York City area is expected to be hardest hit losing 181,000 jobs in 2009. The next biggest loses are expected to be in the Los Angeles, Miami, and Chicago areas.