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Laurel is considered a Small Town with a population of 8,596 and 932 businesses. 17 in 2018 were added to the Laurel Chamber of Commerce business directory which was less than 2017 which had 28.

The economy of Laurel employs 5,983 people and has an unemployment rate of 3.9%. Some of the largest industries in Laurel are Professional Services (94),Builders & Contractors (31), and Restaurants (30).
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