Economics

Economic Update - June 2017

Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank.

Robert Spendlove and Joseph Mayans Jun 16, 2017

When the Bureau of Labor Statistics released their much-anticipated employment report for May, many economists and market participants were caught off guard by the results. While the nation’s unemployment rate hit a 16-year low of 4.3 percent, employment growth slowed and a number of workers left the labor force altogether. Why would employment growth slow and the labor force shrink when businesses are struggling to fill positions and many industries are facing labor shortages?

Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank, to get his insight into these trends and analysis of what he sees going forward.

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