Updated June 03, 2022 Average weekly wages for all industries by county Knoxville area, third quarter 2021 (U.S. = $1,251; Area = $1,090) Source: U.S. BLS, Quarterly Census of Employment and Wages. This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm. Knoxville, TN, Area Economic Summary Unemployment rates for the nation and selected areas Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector 2.8 2.5 2.6 2.9 2.6 3.3 3.3 3.2 3.4 3.9 3.5 5.7 0.0 2.0 4.0 6.0 Loudon Co. Knox Co. Blount Co. Anderson Co. Knoxville area United States Apr-21 Apr-22 Source: U.S. BLS, Local Area Unemployment Statistics. Unemployment rates -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 Apr-19 Apr-20 Apr-21 Apr-22 Knoxville area United States Source: U.S. BLS, Current Employment Statistics. 12-month percent changes in employment Number Percent Total nonfarm 423.9 17.8 4.4 Mining, logging, and construction 21.8 2.4 12.4 Manufacturing 44.8 2.4 5.7 Trade, transportation, and util ities 85.4 5.6 7.0 Information 5.9 0.4 7.3 Financial activities 20.9 1.1 5.6 Professional and business services 69.2 1.8 2.7 Education and health services 55.2 -0.2 -0.4 Leisure and hospitality 44.1 3.9 9.7 Other services 17.1 0.6 3.6 Government 59.5 -0.2 -0.3 Source: U.S. BLS, Current Employment Statistics. Apr. 2022 Change from Apr. 2021 to Apr. 2022 Knoxville area employment (number in thousands) Over-the-year change in the prices paid by urban consumers for selected categories Over-the-year changes in the selling prices received by producers for selected industries nationwide Average hourly wages for selected occupations Over-the-year changes in wages and salaries Southeast Information Office • BLSinfoAtlanta@bls.gov • https://www.bls.gov/regions/southeast • 404-893-4222 Average annual spending and percent distribution for selected categories Employer costs per hour worked for wages and selected employee benefits by geographic division 8.8 9.3 29.8 8.3 9.4 30.3 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 All items Food Energy South region U.S. city average Source: U.S. BLS, Consumer Price Index. 12-month percent change in CPI-U, April 2022 -10.0 -5.0 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 Apr-19 Apr-20 Apr-21 Apr-22 General freight trucking Hospitals Motor vehicle parts manufacturing Source: U.S. BLS, Producer Price Index. 12-month percent changes in PPI $19,029 $21,409 $9,745 $9,826 $6,477 $7,316 $6,591 $7,246 $5,098 $5,177 $8,857 $10,360 0% 20% 40% 60% 80% 100% South region United States All other items Healthcare Personal insurance & pensions Food Transportation Housing Average annual expenditures, United States and South region, 2020 Source: U.S. BLS, Consumer Expenditure Survey. Occupation Knoxville area United States All occupations $23.70 $28.01 Accountants and auditors 32.54 40.37 Registered nurses 29.26 39.78 Electricians 25.57 30.44 Construction laborers 18.11 21.22 Office clerks, general 15.92 18.75 Retail salespersons 14.37 15.35 Source: U.S. BLS, Occupational Employment and Wage Statistics, May 2021. Private industry, December 2021 East South Central (1) United States Total compensation $31.01 $38.07 Wages and salaries 22.32 26.86 Total benefits 8.69 11.22 Paid leave 2.17 2.85 Vacation 1.10 1.46 Supplemental pay 0.99 1.32 Insurance 2.28 2.87 Retirement and savings 0.98 1.32 Legally required benefits 2.26 2.86 Source: U.S. BLS, Employer Costs for Employee Compensation. (1) The states that compose the East South Central census division are: AL, KY, MS, and TN. 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Mar-19 Mar-20 Mar-21 Mar-22 East South Central United States Source: U.S. BLS, Employment Cost Index. 12-month percent changes in ECI