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Lower Bucks Today

Thursday, November 21, 2024

Unchanged number of Bucks County business licenses issued in May compared to previous month

Genbusiness010

There were three business licenses issued in Bucks County in May in Pennsylvania, according to the Pennsylvania Department of State.

This is unchanged from the previous month.

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

CountyIssued in MayIssued in AprilPercentage change (%)
Allegheny County220%
Bucks County330%
Chester County3250%
Cumberland County21100%
Erie County110%
Monroe County10-
Montgomery County16-83.3%
Philadelphia County10825%
York County110%

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