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Long-Term Employment Impacts of Gentrification in the 1990s
T. William Lester (au); Daniel A. Hartley (au)
This study explores the degree to which gentrification impacts local labor markets. It begins by describing the nature of employment change in one archetypical gentrifying neighborhood ńˇţ Chicagońˇ╗s Wicker Park ńˇţ to motivate the central hypothesis that gentrification is associated with industrial restructuring. Next, a detailed analysis is presented on the long-term employment changes in neighborhoods that have experienced gentrification during the 1990s across a sample of 20 large central cities. It shows that employment grew slightly faster in gentrifying neighborhoods than other portions of the central city. However, jobs in restaurants and retail services tended to replace those lost in goods-producing industries. This process of industrial restructuring occurred at a faster rate in gentrifying areas. Thus gentrification can be considered a contributory and catalytic factor in accelerating the shift away from manufacturing with urban labor markets. Tables and figures. This is a print on demand report.
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