Hobbs is considered a Large Town with a population of 40,614 and 4,075 businesses. 60 in 2018 were added to the Hobbs Chamber of Commerce business directory which was more than 2017 which had 37.
The economy of Hobbs employs 24,328 people and has an unemployment rate of 6.2%. Some of the largest industries in Hobbs are Professional Services (201),Oil & Gas Well Services (165), and Restaurants (126).
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