unemployment continues to decline in the USA

Written By H. Pike Oliver

The broadest measure of unemployment in the USA is the U-6 unemployment rate. In addition to the recently unemployed who are actively seeking work, it includes discouraged workers who have quit looking for a job and part-time workers who would like to upgrade to full-time employment. This rate has gradually declined from a high of 17.1% in April 2010 to 7.6 percent as of May 2018--the lowest data point for this rate since the U.S Bureau of Labor Statistics began tracking it in 1994. Click on the graph below to see sources and a brief explanation of the six unemployment rates published by the Federal Government.

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.

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