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East Montgomery Times

Friday, November 15, 2024

Philadelphia County business licenses issued in week ending Aug. 12 compared to previous week

Genbusiness011

There were three business licenses issued in Philadelphia County County in the week ending Aug. 12 in Pennsylvania, according to the Pennsylvania Department of State.

This is a 62.5 percent decrease from the previous week when there were eight 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 Aug. 12Issued in week ending Aug. 5Percentage change (%)
Allegheny County25-60%
Centre County10-
Chester County13-66.7%
Cumberland County23-33.3%
Dauphin County10-
Delaware County12-50%
Erie County110%
Montgomery County110%
Philadelphia County38-62.5%
York County12-50%

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