2 , 7 8 8   people . ▁Pal m ▁Beach ▁has ▁an ▁un emp loyment ▁rate ▁of ▁just ▁ 2 . 3   percent , ▁although ▁ 6 6   percent ▁of ▁the ▁town ' s ▁population ▁is ▁not ▁in ▁the ▁labor ▁force . ▁The ▁most ▁common ▁prof essions ▁among ▁the ▁town ' s ▁labor ▁force ▁are ▁fin ance ▁and ▁ins urance , ▁and ▁real ▁estate , ▁r ental , ▁and ▁le asing ▁( 2 4 . 1   percent ); ▁Professional , ▁scientific , ▁management , ▁administrative , ▁and ▁waste ▁management ▁services ▁( 2 3 . 6   percent ); ▁ret ail ▁( 1 2 . 2   percent ); ▁and ▁educational ▁services , ▁health ▁care , ▁and ▁social ▁assistance ▁( 1 0 . 5   percent ). ▁However , ▁as ▁of ▁ 2 0 1 7 , ▁only ▁ 4 . 1   percent ▁of ▁jobs ▁in ▁Pal m ▁Beach ▁were ▁held ▁by ▁residents ▁of ▁the ▁town , ▁with ▁the ▁most ▁common ▁other ▁home ▁destin ations ▁being ▁West ▁Pal m ▁Beach ▁( 1 5 . 4   percent ), ▁Pal m ▁Beach ▁Gard ens ▁( 3 . 9   percent ), ▁Lake ▁W orth ▁Beach ▁( 3 . 7   percent ), ▁Well ington ▁( 3 . 3   percent ), ▁and ▁Green ac res ▁( 3 . 1   percent ). ▁▁ ▁Tour ism ▁is ▁a ▁major ▁industry ▁in ▁the ▁town , ▁bringing ▁in ▁approximately ▁$ 5   b ill ion ▁in ▁annual ▁re venue . ▁Pal m ▁Beach