This is a 40 percent decrease from the previous week when there were five 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
| County | Issued in week ending July 15 | Issued in week ending July 8 | Percentage change (%) |
|---|---|---|---|
| Chester County | 1 | 0 | - |
| Philadelphia County | 3 | 5 | -40% |
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