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South Summit News

Sunday, November 24, 2024

19.5% less Summit County professional licenses issued in week ending Oct. 28 compared to previous week

Genbusiness008

There were 33 professional licenses issued in Summit County in the week ending Oct. 28, 2023 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 19.5% decrease from the previous week ending Oct. 21, 2023.

Starting and managing a small business in Ohio is not an easy task. Nearly $172 billion is paid to employee salaries and more than 72,924 businesses declare bankruptcy every year.

A Congressional Research Service study found small firms accounted for about 63 percent or two-thirds of new private-sector jobs in the U.S.

Comparison of professional licenses issued by Week
Issued in week ending Oct. 28, 2023Issued in week ending Oct. 21, 2023Percentage change (%)
3341-19.5%

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