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San Francisco Fed President on vaccinations and parents returning to work

Yahoo Finance Video

San Francisco Federal President Mary C. Daly weighs in on how COVID-19 vaccinations can help parents get back to work.

Video transcript

MARY DALY: I'm still confident that Americans want to work. I think it's far too early to count people out. I think about women in particular right now who have reported that they've been out. They're out because they're worried that they can't manage their job demands and take care of their kids. And so the child vaccinations really could be the game changer we're looking for. When parents can send their kids to the school and believe that that child will stay in school during the day and not be quarantined for two weeks, that will give moms and dads who care for their kids more reassurance that they can re-engage in the labor market.