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Lorain Times

Wednesday, May 1, 2024

Lorain County in Ohio sees 8.8% decrease in number of professional licenses issued in week ending Feb. 24

Genbusiness011

There were 31 professional licenses issued in Lorain County in the week ending Feb. 24, 2024 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is an 8.8% decrease from the previous week ending Feb. 17, 2024.

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 Feb. 24, 2024Issued in week ending Feb. 17, 2024Percentage change (%)
3134-8.8%

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