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Latrobe is considered a Small Town with a population of 7,949 and 2,821 businesses. 20 in 2018 were added to the Latrobe Chamber of Commerce business directory which was less than 2017 which had 43.

The economy of Latrobe employs 5,135 people and has an unemployment rate of 4.5%. Some of the largest industries in Latrobe are Professional Services (241),Restaurants (86), and Builders & Contractors (77).
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