Rich Pedroncelli/AP
toggle caption Rich Pedroncelli/AP
Stockton, Calif., resident Susie Garza displays the debit card on which she received a monthly stipend as part of a pilot universal basic income program. The program began in 2019, when this photo was taken. Rich Pedroncelli/AP
A high-profile universal basic income experiment in Stockton, Calif., which gave randomly selected residents $500 per month for two years with no strings attached, measurably improved participants job prospects, financial stability and overall well-being, according to a newly released study of the program s first year. Michael Tubbs, at the time the mayor of Stockton, Calif., speaks during a 2019 interview. A universal basic income program run by a nonprofit founded by Tubbs gave $500 a month to 125 people who lived in census tracts at or below the city s median household income.
Universal basic income experiment results in more full-time jobs
ksdk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksdk.com Daily Mail and Mail on Sunday newspapers.
California Program Giving $500 No-Strings-Attached Stipends Pays Off, Study Finds
kanw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kanw.com Daily Mail and Mail on Sunday newspapers.