Resurgent Labor Force in California

The state Department of Finance, agreeing with most other economic forecasters, says California's economy appears to have hit the bottom of the recessionary trough and is beginning to recover.

"A resurgent labor force is one of several signs that the economy is slowly getting back on its feet," the department says in its monthly economic bulletin. "A resumption of job growth  pulled discouraged people back into the labor market. Building activity, both residential and nonresidential, appears to have stabilized and, while still at low levels, has improved modestly from the beginning of 2009."

Let us hope that these folks entering or returning to the labor force actually find jobs.

The full bulletin from the California Department of Fianance  is availalble here -- http://www.dof.ca.gov/finance_bulletins/2010/june/FB_%20June-10.pdf

H. Pike Oliver

Born and raised in the San Francisco Bay Area, H. Pike Oliver has worked on real estate development strategies and master-planned communities since the early 1970s, including nearly eight years at the Irvine Company. He resided in the City of Irvine for five years in the 1980s and nine years in the 1990s.

As the founder and sole proprietor of URBANEXUS, Oliver works on advancing equitable and sustainable real estate development and natural lands management. He is also an affiliate instructor at the Runstad Department of Real Estate at the University of Washington.

Early in his career, Oliver worked for public agencies, including the California Governor’s Office of Planning and Research where he was a principal contributor to An Urban Strategy for California. Prior to relocating to Seattle in 2013, Oliver taught real estate development at Cornell University and directed the undergraduate program in urban and regional studies. He is a member of the Urban Land Institute, the American Planning Association and a founder and emeritus member of the California Planning Roundtable.

Oliver is a graduate of the urban studies and planning program at San Francisco State University and earned a master’s degree in urban planning at UCLA.

https://urbanexus.com
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Los Angeles Meeting of the Cornell Real Estate Council - June 23, 2010

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Household Real Estate Assests and Mortgage Debt