in the 1970s, many jobs were lost due to industrial restructuring. this caused new york city to have economic problems and high crime rates. though the financial industry grew, which greatly helped the city's economy in the 1980s, new york's crime rate continued to increase through that decade and into the beginning of the 1990s. by the mid 1990s, crime rates started to drop a lot due to different police strategies, better economic opportunities, gentrification, and new residents, both americans and new immigrants from asia and latin america. important new sectors, such as silicon alley, started in the city's economy. new york's population reached all-time highs in the 2000 census and then again in the 2010 census.