We have used two-color time-resolved spectroscopy to measure the relaxation of electron spin polarizations in a bulk semiconductor. The circularly polarized pump beam induces a polarization either by direct excitation from the valence band, or by free-carrier (Drude) absorption when tuned to an energy below the band gap. We find that the spin relaxation time, measured with picosecond time resolution by resonant induced Faraday rotation in both cases, increases in the presence of photogenerated holes. In the case of the material chosen, n-InSb, the increase was from 14 to 38 ps. DOI: 10.1103/PhysRevLett.96.096603 PACS numbers: 72.25.Rb, 72.25.Fe, 78.47.+p Spin polarizations have become a focus of interest in semiconductor physics in recent years, not least for their potential application in ''spintronic'' devices [1]. It has been shown that spin polarized electrons (or holes) can be injected from magnetic semiconductor materials into semiconductors [2,3], that they can be coherently transported through a device [4], and that they can be controlled (or modulated) with an external electric field [5]. It remains challenging to improve these breakthroughs to the extent that they can be combined in a practical device [1]. A sufficiently long spin lifetime s is important in the design of structures which confine and/or transfer spin. It is therefore necessary to understand the establishment of a polarized spin population and subsequent spin relaxation mechanisms in both bulk and low dimensional semiconductors. A large amount of literature has been established to determine spin lifetimes by one or another form of timeresolved optical orientation techniques based on spin injection by pulsed interband pumping with circularly polarized light [4 -13]. In this Letter we investigate and contrast the spin relaxation lifetimes as measured in a bipolar (interband) experiment with spin lifetimes measured in a monopolar regime. In the former, significant numbers of excess electrons and holes are photopumped, whereas most device proposals involve electrical injection and manipulation of one type of charge carrier only, ideally at room temperature and often zero magnetic field. To this end we compare in such conditions the results of interband versus intraband pumping of spins with picosecond pulses, in the same sample. We find that the difference is a factor of between 2 to 3.Only one previous experiment measured the lifetime of spins pumped with monopolar excitation in zero magnetic field. In that case hole lifetimes in p-type GaAs=AlGaAs quantum wells were measured at low temperature by steady state bleaching of the circularly polarized photocurrent response [14]. The spin lifetime estimated from the saturation intensity was found to be 20 ps at liquid helium temperature. Our picosecond time-resolved measurements do not rely on theoretically derived absorption cross sections, were made on material at room temperature, and directly compare the bipolar and monopolar spin excitation and relaxation in the same sample. Our results...