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Lorain Times

Thursday, November 21, 2024

Decreasing number of Lorain County professional licenses issued in week ending Dec. 30

Genbusiness011

There were 14 professional licenses issued in Lorain County in the week ending Dec. 30, 2023 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 33.3% decrease from the previous week ending Dec. 23, 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 Dec. 30, 2023Issued in week ending Dec. 23, 2023Percentage change (%)
1421-33.3%

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