More than 95,000 people signed up to the UBI scheme on the first day enrollment opened, the country said.
Los Angeles County has launched a universal basic income pilot program.
The scheme will give $1,000 a month to 1,000 residents for three years.
180,000 residents applied to take part, including over 95,000 people who applied on the first day.
Los Angeles County has kicked off its universal basic income scheme, which will give $1,000 a month to 1,000 residents for three years.
The county said on Tuesday that the University of Pennsylvania’s Center for Guaranteed Income, which is studying the pilot program, had randomly selected the participants from roughly 180,000 residents who applied. More than 95,000 people had signed up on the day enrollment opened, the county said.
The participants, aged from 18 to 91, will get $1,000 a month via a debit card through the program which was launched to address poverty and income instability. Authorities said the program gives participants…
This article was written by [email protected] (Grace Dean) and originally published on www.businessinsider.com