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. Author manuscript; available in PMC: 2023 Dec 7.
Published in final edited form as: Am Econ J Appl Econ. 2022 Jan;14(1):42–74. doi: 10.1257/app.20180055

Table 1:

Aggregate Employment Changes from 1979–1982, by Industry

Share of total 1979 employment Log employment change Employment change
(1) (2) (3)
Panel A. Overall and one-digit industries
 All industries 1.000 0.006 467,093
 Manufacturing 0.284 −0.084 −1,684,627
 Construction 0.061 −0.139 −575,107
 Agriculture, forestry, and fisheries 0.004 0.131 40,200
 Transportation and public utilities 0.062 0.013 59,944
 Wholesale trade 0.071 0.016 83,149
 Mining 0.013 0.229 239,923
 Retail trade 0.203 0.017 257,134
 Finance, insurance, and real estate 0.070 0.060 316,449
 Services 0.224 0.120 2,090,186
Panel B. Two-digit industries with largest employment decrease
 Transportation equipment (manufacturing) 0.024 −0.180 −279,883
 General contractors (construction) 0.018 −0.223 −250,039
 Special trade contractors (construction) 0.034 −0.108 −242,341
 Auto dealers (retail trade) 0.027 −0.131 −232,032
 Primary metal (manufacturing) 0.016 −0.222 −229,097
 Fabricated metal products (manufacturing) 0.024 −0.117 −188,465
 Lumber and wood products (manufacturing) 0.011 −0.276 −181,995
 Trucking and warehousing (transportation) 0.019 −0.116 −146,868
 Apparel and other textile products (manufacturing) 0.019 −0.106 −129,917
 Textile mill products (manufacturing) 0.012 −0.161 −126,208
Panel C. Two-digit industries with largest employment increase
 Legal services (services) 0.007 0.200 109,155
 Educational services (services) 0.016 0.095 114,630
 Hotels (services) 0.014 0.110 116,017
 Depository institutions (finance) 0.020 0.093 140,356
 Food stores (retail trade) 0.031 0.087 196,198
 Miscellaneous services (services) 0.012 0.251 242,976
 Oil and gas extraction (mining) 0.005 0.506 249,725
 Eating and drinking places (retail trade) 0.060 0.065 283,524
 Business services (services) 0.041 0.126 382,400
 Health services (services) 0.071 0.157 845,784

Notes: I construct this table by aggregating county-level data for the continental United States. Because employment is often suppressed at the county-level, I impute employment using the number of establishments and nationwide information on average employment by establishment size, as described in Appendix C. Source: Census County Business Patterns