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Saturday, November 23, 2024

Decreasing number of Trumbull County professional licenses set to expire in 2022

Genbusiness002

There are 1,025 professional licenses expiring in Trumbull County in 2022 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 53.2% decrease from 2021.

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 set to expire by Year
Expiring in 2022Expiring in 2021Percentage change (%)
1,0252,192-53.2%

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