Quantcast

East Montgomery Times

Sunday, November 24, 2024

78.3% less Philadelphia County business licenses issued in week ending June 10 compared to previous week

Genbusiness001

There were five business licenses issued in Philadelphia County County in the week ending June 10 in Pennsylvania, according to the Pennsylvania Department of State.

This is a 78.3 percent decrease from the previous week when there were 23 licenses issued.

Pennsylvania suffered a surge of unemployment and business closures due to the COVID-19 pandemic.

The average annual unemployment rate in the state more than doubled in 2020 to 9.1 percent. This was the highest annual unemployment rate in Pennsylvania since 2003. Since then, the unemployment rate has been decreasing, reaching 4.3 percent in early 2023.

Comparison of business licenses issued by County and Week

CountyIssued in week ending June 10Issued in week ending June 3Percentage change (%)
Allegheny County27-71.4%
Bucks County26-66.7%
Chester County14-75%
Delaware County12-50%
Lackawanna County220%
Luzerne County10-
Montgomery County25-60%
Philadelphia County523-78.3%
York County110%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS