This is an 87.5 percent decrease from the previous month when there were eight licenses 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
| County | Issued in February | Issued in January | Percentage change (%) |
|---|---|---|---|
| Allegheny County | 1 | 28 | -96.4% |
| Philadelphia County | 1 | 35 | -97.1% |
| Susquehanna County | 1 | 1 | 0% |
| York County | 1 | 8 | -87.5% |
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