In the post-revolutionary decades, the Iranian economy has undergone significant transitions. This paper is a study of the changes in the pattern of occupational and labor stratification in the Iranian economy in these years. This is a sufficiently long time, permitting the identification of decisive structural shifts in the Iranian economy and its labor force. For the purpose of this study, we propose two periods in the post-revolutionary years. The first period comprises the years of fervent search for a populist Islamic utopia, which began with the 1979 revolution and came to an end by 1986, when the burden of the war with Iraq and the glut in the world oil market made the populist project practically defunct. The death of Ayatollah Khomeini in June 1989 marked the beginning of the second period, one that is characterized by a move toward “economic restructuring” à la the International Monetary Fund–World Bank, aiming for a general liberalization of economic activities, including foreign-exchange realignment, decontrolling of prices, reduction of subsidies, and privatization of nationalized enterprises.