|KNOX COUNTY PROFILE|
Labor Force and Employment:
Businesses in the Knoxville-Oak Ridge Innovation Valley have access to a skilled workforce with a high percentage of technologically trained workers. Workforce development programs ensure that these workers are ready to meet the needs of a changing, competitive global workplace.
The East Tennessee laborshed provides a strong supply of educated, dedicated employees for any type of enterprise. The area is home to top-quality educational institutions including the main campus of The University of Tennessee, eight four-year colleges, four two-year and community colleges, and six technology training centers.
The November 2012 civilian labor force (full and part-time, non-farm wage and salary employees, and self-employed persons) in the Knoxville metropolitan area was 377,290, with an average unemployment rate of 5.4%. Knox County reported a total labor force of 239,400 and 5.2% unemployment. Local rates were lower than the statewide average of 7.6% and the national level of 7.8%. A diversified economy is credited for the stability of local employment and wages.
|Knoxville MSA* Non-farm Employment by Industry, November 2012 (excluding Self-Employed)|
| Educational, Health Services
| Professional, Business Services
| Retail Trade
| Leisure and Hospitality
| Durable goods
| Nondurable goods
| Natural Resources, Mining, Construction
| Financial Activities
| Wholesale Trade
| Other Services
| Transportation, Warehousing, Utilities
|Source: Tennessee Department of Labor and Workforce Development, Labor Market Report, Revised November 2012 (http://www.tn.gov/labor-wfd/lmr/pdf/2012/LMRDec2012.pdf)|
|Knoxville MSA Employment Summary, November 2012|
| Unemployment Rate
| Total Labor Force
| Available Labor
|Source: Tennessee Department of Labor and Workforce Development, Labor Market Report|
Current Labor Market Reports are available throught the State of Tennessee Department of Labor and Workforce Development at http://www.tn.gov/labor-wfd/lmr/.