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Cumberland Valley News

Monday, November 25, 2024

Cumberland County business licenses issued in May compared to previous month

Genbusiness009

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

This is a 100 percent increase over the previous month when there was one license issued.

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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