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Saturday, November 16, 2024

Decreasing number of Franklin County professional licenses issued in Q4 2022

Genbusiness007

There were 949 professional licenses issued in Franklin County in the fourth quarter of 2022 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 33.9 percent decrease from the third quarter of 2022.

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 Quarter
Issued in Q4 2022Issued in Q3 2022Percentage change (%)
9491436-33.9%

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