Shorter Covid Isolation: US' Bet Amid Omicron-Led Labour Crunch
NDTV
Covid In US: The new guidance cuts the isolation period for asymptomatic Covid-19 cases in half to five days followed by five days of wearing a mask when around others.
Eyeing an Omicron surge that has exacerbated US labor stress especially in front-line industries, President Joe Biden's administration is betting shorter Covid-19 quarantine times will lessen the economic hit from the latest variant.
The announcement Monday to cut isolation times in half was cheered by airlines and hospitality industries, but sharply criticized by labor unions who question whether public health concerns have been short-changed.
Economists generally offered muted praise as they analyze the Omicron impact, which caused staff shortages that led to thousands of flight cancelations over the holiday weekend, halted theater performances and professional sports competitions, and is expected to slow growth in the first quarter of 2022.
"I don't think the new CDC guidance is going to have a material effect on the economy," Joseph LaVorgna, chief US economist at Natixis. "But it does help at the margin, it has a psychological impact."
