In this Monday, July 29, 2019, file photo, an AT&T logo sits above an entrance to a building, in Boston. The telecom company said Wednesday, Sept. 29, 2021, that its employees in the Communications Workers of America union will be required to be fully vaccinated by Feb. 1, 2022, “unless they get an approved job accommodation.” (AP Photo/Steven Senne, File)
AT&T has become one of the largest employers in the U.S. to mandate vaccines for a significant number of frontline workers.
The telecom company said Wednesday that its employees in the Communications Workers of America union will be required to be fully vaccinated by Feb. 1, “unless they get an approved job accommodation.”
CWA represents about 90,000 AT&T workers, the union said. It is the largest union at the company, which had about 230,000 employees as of the end of January.
The Dallas company said it is extending a vaccination policy that it set for managers in August that required them to be vaccinated by Oct. 11. Unlike the federal government's vaccine mandate for large employers, AT&T is not offering employees the option to take a weekly test instead of getting inoculated.
The federal mandate, an effort to push more Americans to get vaccinated, will cover as many as 100 million people. About 77% of U.S. adults have had at least one vaccine dose, according to the Centers for Disease Control and Prevention.
The CWA workers at AT&T can request an exemption for religious or medical reasons, and employees who are not vaccinated by Feb. 1 get a 60-day unpaid “reconsideration period” to change their minds, said union spokesperson Beth Allen.
The policy applies to employees who work in stores, customers’ homes and other worksites as well as people who are temporarily working from home. AT&T's union employees include workers at cellphone stores, call centers and technicians.7 Defensive Stocks to Buy on Market Jitters
Defensive stocks are companies that deliver consistent revenue and earnings regardless of what is happening in the broader economy. This has the effect of allowing these stocks to outperform the market when the economy is in a downturn. But it also means that these stocks are frequently overlooked during bull markets.
After all, for many investors, particularly younger investors, but the benefit of capturing a dividend is far down on their list of priorities. But it’s specifically their ability to serve as a hedge against volatility that makes defensive stocks worthy of consideration in every portfolio.
One characteristic of defensive stocks is they have a high percentage of institutional ownership. These institutions (hedge funds, large investment banks, mutual funds, etc.) are frequently referred to as the “smart money.” By putting their money into these companies it’s a sign that the company is financially sound and likely to perform well.
Defensive stocks can be found in many sectors. In this presentation, we’re giving you one pick from various sectors.
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