This report explores the nature of knowledge workers and knowledge work within the context of a knowledge economy, emphasizing the complexity of defining these terms and the necessity for a nuanced classification beyond job titles and education levels. Based on a survey, it determines that 30% of the workforce is classified as core knowledge workers, with significant differences in job characteristics, economic returns, and organizational preferences between varying levels of knowledge content in jobs. The findings highlight labor market mismatches, gender pay gaps, and the cultural discrepancies within organizations, while advocating for a better understanding of knowledge work through the lenses of cognitive complexity and the actual tasks performed.