Columbus, Ohio (AP) -- The group of economists that provides forecasts to Ohio Gov. Ted Strickland says the economy is stabilizing but that unemployment will remain high.
The informal council of economic advisers met with Strickland and his staff Wednesday to share forecasting information from some of Ohio's largest companies.
The forecast predicts Ohio's unemployment rate to be 11.5 percent in the fiscal year that began in July and 11.9 percent in the next fiscal year.
The group predicts the U.S. unemployment rate to be 9.6 percent in the next fiscal year.
The personal income of Ohioans is expected to decrease half a percent in the current fiscal year and then increase by 1.1 percent the following year.
(Copyright 2009 by the Associated Press. All rights reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.