Annual change in jobs
What does this measure?
The growth or decline in total jobs, shown as a percentage gain or loss from the previous year.
Why is this important?
Job growth is a key indicator of economic health and vitality and reveals whether and by how much an economy is expanding. In addition to the number of jobs, the quality of jobs should be considered - this is reflected in measures of average salary.
How is our region performing?
Total jobs rose by 2.3% in the region from 2013 to 2014, on par with state and national increases of about 2% and down substantially from the 5% increase from 2012 to 2013. Seven of the nine counties in the region experienced job growth from 2013 to 2014, with jobs in Monroe and Jefferson counties growing by the most (4.7% and 4.1%, respectively). Double-digit growth in Anderson, Blount, Jefferson, and Sevier from 2012 to 2013 was replaced by growth less than 5% in each of those counties from 2013 to 2014.
From 2000 to 2014, jobs increased in all counties in the region except Roane and Union. Jobs grew most in Blount (47%), Sevier (40%) and Loudon (30%), while jobs in Roane and Union decreased by 17% and 29%, respectively. Regionwide, jobs grew 17% from 2000 to 2014, while in Knox County (with 224,000 jobs) total jobs grew 11% over that period.
Notes about the data
County employment is reported by place of work, not place of residence.