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A city gave people $500 a month, no strings attached, to fight poverty It paid off, study says

A city gave people $500 a month, no strings attached, to fight poverty It paid off, study says
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United statesAndrew yangChris hughesMichael tubbsMelvin carterAmy castro bakerTomas vargas jrUniversity of pennsylvaniaUniversity of tennessee at knoxvilleStacia westEconomic security projectSilicon valleyStockton economic empowerment demonstrationPaul mayor melvin carterஒன்றுபட்டது மாநிலங்களில்ஆண்ட்ரூ யாங்

Economics in Brief: Results From Stockton s Basic Income Experiment – Next City

The share of Americans earning less than $15 an hour has fallen since the idea of a $15 minimum wage was introduced in 2012. But the people still earning under $15 are more likely to be Black or Hispanic women, a new Washington Post analysis of Bureau of Labor Statistics data shows. In 2014, a few years after the Fight for 15 campaign began, 61 million people earned under $15 an hour, the Post said. In 2019, only 39 million people earned less than $15, representing 28% of the workforce. But nearly half of Hispanic women and almost 40 percent of Black women were still earning less than $15 an hour in 2019, the Post said. As many as 32 million Americans would benefit from a minimum wage increase to $15.

United statesLong beachCouncilmember john leeRas barakaMichael tubbsNury martinezStacia martin westLos angelesAtsushi yamagishiAmy castro bakerCalifornia grocers associationWashington postBureau of labor statisticsUniversity of tennesseeUniversity of pennsylvaniaFewer people earn less

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.

United statesMichael tubbsAmy castro bakerTomas vargas jrUniversity of tennesseeUniversity of pennsylvaniaStockton economic empowerment demonstrationStockton mayor michael tubbsTomas vargasGuaranteed incomeStacia westUniversal basic incomeஒன்றுபட்டது மாநிலங்களில்மைக்கேல் தொட்டிகள்ஆமி காஸ்ட்ரோ ரொட்டி சுடுபவர்டோமாக்கள் வர்காஸ் ஜூனியர்

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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United statesMichael tubbsMitt romneyTomas vargasAndrew yangCompton tubbsChris hughesSteve smithAmy castro bakerCalifornia legislatureUniversity of pennsylvaniaUniversity of tennesseeCalifornia labor federation tubbWednesday theStockton economic empowerment demonstrationStockton mayor tubbs

A city gave people $500 a month, no strings attached, to fight poverty It paid off, study says

A city gave people $500 a month, no strings attached, to fight poverty It paid off, study says
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