This chapter surveys the economic change sweeping five industries—financial services, semiconductors, software, retail food, and trucking—specifically taking the work of experts in each industry, who have spent their careers talking directly to businesses, and sketching out an overview of the workforce of the five industries. It then discusses the events that have buffeted each of them. The banking industry has gradually become a workplace for higher-skilled workers, as the proportion of workers in higher-educated and higher-paying occupations has increased while the proportion in lower-paying positions has decreased. The labor market structure in the trucking industry is very different from those in the other industries. Technological change and globalization played an important role in the evolution of software industry. The typical food retailer maintains a hierarchical and centralized approach to labor. It is suggested that the five industries discussed in the chapter constitute a microcosm of the broader economy.
Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.