×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: Biden Administration | Coronavirus | kashkari | covid | delta | could | delay

Minneapolis Fed President Says Delta Variant Could Slow Labor Market Recovery

Minneapolis Fed President Says Delta Variant Could Slow Labor Market Recovery
Minneapolis Federal Reserve Bank President Neel Kashkar (AP)

Sunday, 01 August 2021 11:31 AM

Minneapolis Federal Reserve Bank President Neel Kashkari said on Sunday that concerns about the spread of the contagious Delta variant could slow the U.S. labor market recovery.

"It's really creating a bunch of caution," he told CBS' "Face the Nation," noting that between seven and nine million Americans are still out of work likely due to anxiety about the coronavirus.

Kashkari added he had been "optimistic" before that many would be returning to work and while that is still his "base case scenario," he said that "if people are nervous about the Delta variant, that could slow some of that labor market recovery."

"The sooner we can get people vaccinated, the sooner we can get Delta under control, the better off our economy is going to be."

© 2021 Thomson/Reuters. All rights reserved.


StreetTalk
Minneapolis Federal Reserve Bank President Neel Kashkari told CBS' "Face the Nation" on Sunday that concerns about the spread of the contagious Delta COVID-19 variant "could slow" some the U.S. labor market recovery, noting the virus is "creating a bunch of caution....
kashkari, covid, delta, could, delay, recovery
127
2021-31-01
Sunday, 01 August 2021 11:31 AM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved