• Print
  • Email

Economic Perspectives, Vol. 14, No. 2, March 1990
Chicago's economy: Twenty years of structural change
The Chicago economy experienced a dramatic structural change during the last decade, making the 1980s very different from the 1970s. The most extreme changes took place in the Chicago labor market. In the post-World War II period, up to the last decade, manufacturing had been Chicago's major employer. However, in 1980, employment in services' matched and subsequently surpassed employment in manufacturing.? Between 1970 and 1987, the Chicago economy lost close to a quarter of a million manufacturing jobs, a striking loss by any standards.
Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

Copyright © 2023. All rights reserved.

Please review our Privacy Policy | Legal Notices