A Seattle-area Guaranteed basic Income pilot Gave Low-income Residents $500 A Month To Help reduce

Yahoo Finance

Seattle gave low-income residents $500 a month no strings attached. Employment rates nearly doubled.

A guaranteed basic income program pilot in Seattle gave 102 low-income residents $500 monthly. Employment among the participants nearly doub

A Seattle-area guaranteed basic income pilot gave low-income residents $500 a month to help reduce poverty. Employment in the group nearly doubled, and numerous unhoused residents secured housing. The Workforce Development Council of Seattle-King County launched a 10-month guaranteed basic income pilot program with 102 participants in fall 2022. New findings by research firm Applied Inference reveal that the $5,000 total payments improved participants' quality of life, housing, and employment outcomes.

Oh gosh look: another successful UBI pilot program.

Not only was employment doubled in the test group, their savings increased, and health & life insurance coverage tripled. Many participants got health insurance for the first time.

It's time to roll this out nationwide and with more money. The return on investment is undeniable and would be huge if it applied to everyone.