An recent economic study reported that one out of every five Knoxville-area jobs are related to health care.
According to the report issued by the King Institute for Regional Economic Studies, health care accounted for just under 22 percent of Anderson, Blount, Knox, Loudon, and Union counties' total employment in 2012. Employment in this sector rose from less than 32,000 jobs in 2000 to nearly 43,000 jobs in 2012.
The study also found health care employees earned an average of $4,228 per month, compared to an average of $3,864 for workers in all industries.
Health care also creates jobs in other sectors as well, according to the study. As of 2012, there were 73,095 jobs directly or indirectly supported by health care services in the region. This total included 42,693 direct health care sector jobs and 30,402 health care-supported jobs in other sectors of the local economy.
"Growth in the health care sector in the Knoxville area, as elsewhere, has been fueled by demographic forces, namely an aging population," said Dr. Sam Evans, director of KIRES and associate professor at King University, said in a press release. "These forces are expected to continue in the future."