In Basic Income news this week - local and abroad
Germany is beginning a universal-basic-income trial with people getting $1,400 a month for 3 years
Business Insider - 19 August 2020
Germany is about to become the latest country to trial a universal basic income, starting a three-year study of how it affects the economy and recipients' well-being.
As part of the study, 120 people will receive €1,200, or about $1,430, each month for three years — an amount just above Germany's poverty line — and researchers will compare their experiences with another group of 1,380 people who will not receive the payments.
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Ontario youth need a guaranteed basic income
BICN - 16 August 2020
Ask youth what they would do with an extra $2,000 a month and the answers might surprise you.
Young people disproportionately struggle with mental health issues and undertake increasing student debts, all while facing a daunting post-pandemic-era job market at a time when many jobs are precarious, underpaid, or part of the gig economy.
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OBIN Coordinating Team (C-Team) Meeting Minutes for August 2020 posted here.