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Lorain Times

Saturday, December 21, 2024

Decreasing number of Lorain County professional licenses issued in week ending Oct. 7

Genbusiness003

There were 17 professional licenses issued in Lorain County in the week ending Oct. 7, 2023 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 39.3% decrease from the previous week ending Sept. 30, 2023.

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 Oct. 7, 2023Issued in week ending Sept. 30, 2023Percentage change (%)
1728-39.3%

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