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Saturday, October 5, 2024

55.1% unemployed in Balsam Lake in 2018

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55.1 percent of Balsam Lake residents between 16 and 65 years old were unemployed in 2018, according to data obtained from the U.S. Census Bureau.

The percentage of unemployed residents was greater than the statewide total of 33.3 percent for this demographic group. In 2018 the total Balsam Lake population reached 675.

Out of 303 people who had a job, all belonged to the civilian labor force.

The total unemployment numbers include residents of all ages who are not working.

Employment status in Balsam Lake for 2018
Employment statusNumber of peoplePercentage of population
Not employed37255.1
Employed30344.9
Employed in civilian labor force30344.9
Employed in armed forces00

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