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South Summit News

Sunday, November 24, 2024

Decreasing number of Summit County professional licenses issued in week ending March 9

Genbusiness011

There were 42 professional licenses issued in Summit County in the week ending March 9, 2024 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 14.3% decrease from the previous week ending March 2, 2024.

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 March 9, 2024Issued in week ending March 2, 2024Percentage change (%)
4249-14.3%

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