Vaccinated Only: CNN, United Airlines, & the Corporate Moves (& Jobs) Still to Come

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 6 August 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The economy added 943,000 jobs in July, the best pace in nearly a year and nearly 100,000 more than economists expected. Kate Moore, head of thematic strategy for BlackRock’s global allocation team, Austan Goolsbee, former Council of Economic Advisers chairman, break down the numbers. CNN has terminated three of its employees for lying about their Covid-19 vaccination statuses and coming to the office, according to a memo sent to staff internally. Tom Gimbel, founder and CEO of staffing firm LaSalle Network, and Kate Kelly, reporter at The New York Times, discuss return to work policies and corporate America’s role in leading the next wave of vaccinations. United Airlines will require its 67,000 U.S. employees to get vaccinated against Covid by no later than Oct. 25th; those unwilling to comply will risk termination. CNBC’s Phil LeBeau says this move will likely ramp up pressure on other major U.S. carriers to follow suit. CNBC’s Kate Rogers reports on the teacher shortage ahead of a new school year. Plus, Virgin Galactic announced it will sell seats for space tourism flights, starting at $450,000.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squak Pod. I'm C. N.C. producer Cameron Costa.
0:08.0	Today on our podcast, Just Do It, or else.
0:12.0	Boardrooms are taking the lead on vaccination mandates for
0:15.9	employees from the airwaves at CNN to airplanes at United. New York Times
0:21.2	Kate Kelly. Now you have once again corporations potentially at the vanguard of what really is a cultural or a social issue.
0:29.0	And as always, not everyone's happy about it.
0:33.3	LaSalle networks Tom Gimble.
0:35.1	Today there's so much political divisiveness
0:37.3	that people want to throw stones at anybody who wants to do what's right for the masses.
0:42.1	Of course that's only a problem if you have a
0:44.8	workforce at all, but good news for us the July jobs number is out. This is a
0:49.9	incredibly strong number stronger than anticipated and that's good news.
0:54.0	Plus currently employed but maybe not for long at least for teachers.
0:59.0	C. NBC's Kate Rogers.
1:01.0	One in four teachers say they are likely to leave the profession by the end of this year.
1:05.0	Those stories, plus a dispirited airline is staying grounded and so is Becky, but for different reasons.
1:13.4	I like things here.
1:14.6	Earth is a pretty great place.
1:16.6	It's Friday, August 6, 2021.
1:19.4	Squawk-Pud begins right now.
1:21.6	Stand Becky by in three, two, one, feel free.
	...

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