NABE weighs in on vaccine requirements for workplaces, 79% in favor

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The National Association for Business Economics weighed in on the debate over whether companies should require Covid-19 vaccinations. In a report released today, 79% of the 227 NABE members surveyed are in favor of employers requiring employees to be vaccinated before they return to the workplace. Only 14% are opposed to such a policy. As a side note, the US Food and Drug Administration gave formal approval to the Pfizer-BioNTech Covid-19 vaccine today for those ages 16 and up; it had been operating under an emergency use authorization.

However, the NABE survey found that only 25% of its members reported their employers are requiring employees to be fully vaccinated against Covid-19 before returning to work, and 33% reported their employers are not requiring employees to be fully vaccinated. Fourteen percent reported a vaccination policy has not been announced while 22% said they are self-employed and work from home, thus the question does not apply.

NABE members also weighed in on federal fiscal and monetary policies.

“NABE panelists’ views are split on whether fiscal and monetary policies are ‘too stimulative,’ or ‘about right’,” said NABE President Manuel Balmaseda, chief economist, Cemex. “While 49% of respondents believe current fiscal policy is ‘too stimulative,’ nearly as many — 45% — indicate current policy is ‘about right.’ Similarly, a slight majority — 52% — of panelists believes current monetary policy is too stimulative, compared to 47% who say it is about right.”