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Stockton, California, basic-income experiment saw unemployment decline

Experiment in guaranteed income leads to more work and better health, analysis shows

Experiment in guaranteed income leads to more work and better health, analysis shows By Megan Cerullo Stockton s universal basic income program More than two years after a group of residents from a northern California city first started receiving monthly cash payments with no-strings attached, the results of the public policy experiment are in: guaranteed basic income  designed to create an income floor works, according to an analysis of results from the Stockton Economic Empowerment Demonstration (SEED). From February 2019 to February 2021, as part of a hallmark initiative from former Stockton Mayor Michael Tubbs and funded by philanthropic donors, 125 Stocktonians with a median income of $46,000 a year received $500 per month through a prepaid debit card additional income they could spend however they wanted. 

Study: Employment rose among those in free money experiment in Stockton

Study: Employment rose among those in free money experiment in Stockton
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