As employment recovered, fewer and fewer people took CERB. When it evolved into CRB, workers kept part of benefit when they began earning income, so that they always earn more while employed.
Incredible findings from an active Basic Income pilot in Hudson, NY.
Employment INCREASED for both cohorts, 72% and 150% above baseline.
Similar to Ontario Basic Income Pilot data, and 1/3 of those working found HIGHER paying work.‡οΈ
Basic income recipients self-reported increasing savings.
βEven if it's a hundred dollars, a couple hundred, I see how much I can contribute every monthβ¦so my present self is taking care of my future self in some way.β‡οΈ
And mental and physical health is up. Similar results in Ontario Pilot. Not surprising, but always great to see the data!
β[With HudsonUP] I could prioritize my mental and
emotional health.β
βI can view my life in a more positive light now that I have money.β‡οΈ
1. #BasicIncome can grow the economy and create jobs.
It could grow Canadaβs economy $80B/year β like adding Saskatchewan's economy, or tourism+hospitality industries combined every yearβ and create 600,000 jobs in 5 years. #ubiworks
Money in Canadiansβ hands will be spent in local economies, causing businesses to increase private capital investments up to $15B/year β more than 2x Canadian venture capital investments a year. #ubiworks