This is a 50 percent decrease from the previous month when there were two 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 Month
County | Issued in October | Issued in September | Percentage change (%) |
---|---|---|---|
Allegheny County | 1 | 2 | -50% |
Armstrong County | 1 | 1 | 0% |
Berks County | 1 | 0 | - |
Centre County | 1 | 0 | - |
Philadelphia County | 1 | 2 | -50% |