SACRAMENTO, Calif. (AP) After getting $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday. The program in the Northern California city of Stockton was the highest-profile experiment in the U.S. of a universal basic income, where everyone gets a guaranteed amount per month for free..
Study: Employment rose among Californians part of free money experiment
By Adam Beam
FILE - Photo taken on March 17, 2020 shows U.S. dollar banknotes in Washington D.C., the United States.
(Xinhua/Liu Jie via Getty Images)
SACRAMENTO, Calif. (AP) - After getting $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and had statistically significant improvements in emotional health, according to a study released Wednesday.
The program was the nation’s highest-profile experiment in decades of universal basic income, an idea that was revived as a major part of Andrew Yang’s 2020 campaign for president.
Estudio en EEUU: Ayuda mensual favoreció búsqueda de empleo sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Study: Employment rose among those in free money experiment theridgefieldpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theridgefieldpress.com Daily Mail and Mail on Sunday newspapers.