A new study based in Stockton, California of a “guaranteed basic income,” found that over the course of two years, the study’s participants benefited significantly from having a no-strings-attached monthly stipend of $500. Participants who were unemployed found jobs at twice the rate of non-participants. And, they experienced better mental health and overall wellbeing. The study’s results are particularly well-timed given how the coronavirus pandemic has greatly deepened existing income and wealth inequality in the United States.
For more information visit mayorsforagi.org.
Sukhi Samra, Director of SEED, the Stockton Economic Empowerment Demonstration, the nation’s first mayor led guaranteed income demonstration.
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