Omaha is known for its music industry, which has been thriving for decades. Some of the famous names from the city include Anna Mae Winburn and Lloyd Hunter's Cotton Club Boys. The region also boasts several regional breweries, such as Krug and Storz. In the late 1940s, the city hosted the United States Olympic Swimming Trials, which were a showcase for downtown redevelopment. In 1950, the city became the home of the College World Series. In the 1930s, labor unrest prompted the organization of the CIO-FCW union, which created an interracial partnership that would last for decades.
During the 1950s, Omaha suffered a major drop in employment, as the meatpacking and railroad industries began restructuring and relocating. The loss of manufacturing jobs and decline in wages meant that many workers left the city in search of better paying jobs. The resulting loss of jobs weakened unions, and poverty deepened in areas dependent on these jobs. The reduced revenue also affected the city's ability to deal with long-standing issues.
Today, the city is thriving, and its recent warm weather is being used to repair and revitalize city streets. In the past, Lynn Sauer, a former mayor of Omaha, used the opportunity to play golf on a crisp day in November. She noted that there was no wind on the day that she played golf. The redevelopment of the city's downtown was highlighted by the United States Olympic swimming trials in 2008, 2012, and 2016.