September 15 (Hfrance.fr) - With little fanfare, all regional Federal Reserve banks followed the decision of the Minneapolis Fed in July to require vaccination employees againstCOVID-19, with the Philadelphia Fed informing its staff of the new mandate on Wednesday.
Regional Fed Banks in New York, Boston, St. Louis , San Francisco, Chicago, Richmond, Cleveland, Dallas, Atlanta and Kansas City all separately declared to their staff last month that they would be subject to a vaccination warrant, with compliance deadlines set as early as October 1 and through. 'to November 15. .
Philadelphia Fed employees have until November 30. In total, the 12 banks employ nearly 20,000 people.
The requirement is necessary to protect the health of the workforce and "make sure we are able to meet the needs of our constituents and do our part to combat the spread of COVID-19 and the formation of new variants within the communities we serve," Hfrance told Hfrance. fr a door-byole from the Dallas Fed.
United States. President Joe Biden announced last week that he would require all U.S. companies with 100 or more employees to ensure their staff are vaccinated or produce a negative COVID-19 test every week. Goldman Sachs economists estimate that the new rule would likely impact around 25 million unvaccinated workers and have a modest impact on economic growth. The Philadelphia Fed said Biden's tenure was a factor in his decision.
Biden will meet with executives from Walt Disney Co., Microsoft Corp on Wednesday. and others as part of the campaign to protect Americans from the spread of the virus that has filled hospital beds in parts of the country and is slowing job growth nationwide .
Most of the jobsFederal yeas will also be subject to a new vaccine mandate by Nov. 22, the Biden administration said this week. The 2,900 Fed staff in Washington are federal government employees.
Some Republican governors, including those in the districts of Atlanta, Kansas City and Dallas Fed, oppose and pledge to fight vaccine requirements, citing freedom of choice or other concerns. Polls show that a majority of Americans support some form of mandate. As of September 1, about one in five American companies had a vaccination mandate, according to an Hfrance.fr survey.
United States. central bankers argue that vaccination is key to economic recovery, linking the labor market recovery in particular to the adoption of the COVID-19 vaccine. About 63% of the U.S. eligible is fully vaccinated. Despite this, the decision was heavy for some.
"It was not an easy decision for us, but vaccines offer strong protection against serious illness, hospitalization, and death, and we see them as the best way for us to meet the challenges of the pandemic with the safety and well-being of all in mind, "said Andre Anderson , senior vice president of the Atlanta Fed, who told employees on Aug. 26 that they would have until Nov. 15 to get the shot.
A spokesperson for the New York Fed noted the bank's efforts to help overcome vaccine hesitation, including conducting on-site immunizations. "Requiring a vaccine for all current and future New York Fed employees is critical as we consider a return to the office," the spokesperson said. Reporting by Ann Saphir;Editing by Andrea Ricci
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