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Lafayette is considered a Medium City with a population of 159,293 and 9,141 businesses. 81 in 2018 were added to the Lafayette Chamber of Commerce business directory which was less than 2017 which had 137.

The economy of Lafayette employs 112,142 people and has an unemployment rate of 6.6%. Some of the largest industries in Lafayette are Professional Services (562),Restaurants (330), and Builders & Contractors (225).
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