Torrance is considered a Medium City with a population of 146,758 and 21,754 businesses. 233 in 2018 were added to the Torrance Chamber of Commerce business directory which was more than 2017 which had 222.
The economy of Torrance employs 93,778 people and has an unemployment rate of 5.5%. Some of the largest industries in Torrance are Professional Services (1,077),Restaurants (618), and Personal Services & Consultants (500).
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