Top economic policymakers are facing a critical question: Will the Delta variant hold back the more than 6 million Americans still sidelined from work compared to pre-pandemic levels?
Child care concerns and enhanced unemployment insurance benefits are often cited as top reasons for hesitancy in returning to work. But a third reason is fear of contracting the virus, a factor likely to be amplified by the spread of the more contagious Delta variant.
At the Federal Reserve, the policymakers…
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