Workforce and Employment Education and training
According to the 2000 Census, 55.9% of the population (over the age of 25) have a high school degree or higher education level.
Percentage of population with High School (or higher) or Bachelors Degree (or higher) by Age and Sex in Hancock Count
| High school graduate or higher (%) |
| AGE GROUP |
ALL |
MALE |
FEMALE |
| 25 to 34 years |
74.2 |
76.7 |
71.6 |
| 35 to 44 years |
72.1 |
66.3 |
77.6 |
| 45 to 64 years |
52 |
49.3 |
54.7 |
| 65 years and over |
33.2 |
36.6 |
30.8 |
| Bachelor's degree or higher (%) |
| AGE GROUP |
ALL |
MALE |
FEMALE |
| 25 to 34 years |
8.6 |
9.1 |
8 |
| 35 to 44 years |
12.5 |
8.9 |
15.7 |
| 45 to 64 years |
10.8 |
9.7 |
11.9 |
| 65 years and over |
8.2 |
13.6 |
4.4 |
Source: U.S. Census Bureau, Census 2000 Summary File 3, Matrices P37 and PCT25.
Wages
2007 Average Annual Wage by Major Industry was $20,739 for all industries.
Unemployment Rates
Unemployment Rate: 12.6% (January 2009)
Source
Major Industries and Top Employers
Inside the county, there are three operating factories:
Volunteer Fabricators, Inc.
1132 Campbell Drive
Sneedville, Tn 37869
423-733-2218
Keifer Built, LLC.
2276 Back Valley Road
Sneedville, TN 37869
423-733-0000
Copperidge Wood Products, Inc.
Curtis and Wanda Shockley
7953 Highway 31
Thorn Hill, Tn 37881
423-733-8595
In 2007, most people were employed in the following industries:
| Industry |
% of Population Employed |
| Government |
40.4 |
| Manufacturing |
15.8 |
| Trade, Transportation, and Utilities |
13.5 |
| Education and Healthcare |
12.9 |
Travel time to work and commuting patterns
Most people in the county commute to the surrounding counties of Claiborne (Tazewell), Hamblen (Morristown) and Hawkins (Rogersville) to work. Travel time to each location is usually under an hour depending on the part of the county being commuted from with the mean travel time being 32.7 minutes. Commuters travel across Clinch Mountain to work, using state highways 31, 66 and 70. Commuters traveling to Claiborne County primarily use state route 33.