Unemployment among basic-income recipients in Stockton, California, dropped to 8% in February 2020 from 12% in February 2019.
Santa Clara County, home to Silicon Valley, is considering a basic-income pilot that would give $US1,000 per month to young adults transitioning out of foster care. High housing costs and a lack of affordable housing have made these adults vulnerable to homelessness. Like the basic-income trial in Stockton, California, the […]
Unemployed people in Germany have been eligible to receive monthly payments from the government since 2005. But the payments could be suspended if individuals didn’t actively search for work. Last month, the German supreme court ruled that the policy was unconstitutional. It instated new regulations that guarantee a minimum payment […]
The city of Stockton, California, is giving 125 residents monthly payments of $US500, no strings attached. The payments are part of a basic-income trial led by the city’s 29-year-old mayor, Michael Tubbs. One participant told Business Insider that the stipend helped pay for her medical expenses. She’s also saving up […]
Michael Tubbs, the 29-year-old mayor of Stockton, California, is piloting a basic-income program in his city. The experiment gives monthly payments of $US500 to 125 residents. Tubbs said that a similar program could work on a national level but that the money would have to come without forcing some people […]
The city of Stockton, California, is giving 125 residents monthly payments of $US500, no strings attached. The payments are part of a basic-income trial led by the city’s 29-year-old mayor, Michael Tubbs. Preliminary results show that most participants used the stipends to buy groceries and pay their bills. Tubbs told […]
In 2017, Finland became the first European country to test a government-backed unconditional basic income, which gave people a regular stipend with no strings attached. The trial ended in December 2018 and was widely considered a failure. But many researchers argue that the experiment’s structure was flawed. Visit Business Insider’s […]
Stockton, California, is distributing $US500 monthly stipends to the city’s poorest families as part of a basic-income trial. The city just released results from the last eight months of that program: Most participants spent the money on food and clothing. Critics of basic income suggest that cash stipends reduce the […]