Resurgent Labor Force in California

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Written By H. Pike Oliver
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

H. Pike Oliver focuses on master-planned communities. He is co-author of Transforming the Irvine Ranch: Joan Irvine, William Pereira, Ray Watson, and THE BIG PLAN, published by Routledge in 2022.

Early in his career, Pike 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. For the next three decades, he was involved in master-planned development on the Irvine Ranch in Southern California, as well as other properties in western North America and abroad.

Beginning in 2009, Pike taught real estate development at Cornell University and directed the undergraduate program in Urban and Regional Studies. He relocated to Seattle in 2013 and, from 2016 to 2020, served as a lecturer in the Runstad Department of Real Estate at the University of Washington, where he also served as its chair.

Pike graduated from San Francisco State University's urban studies and planning program and received a master's degree in urban planning from UCLA. He is a member of the American Planning Association and the Urban Land Institute and a founder and emeritus member of the California Planning Roundtable.

https://urbanexus.com
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