Article preview: One consequence of Universal Basic Income (UBI) could be a higher rate of unemployment. That’s according to a new study which found that unemployment rates could rise, contrary to claims that UBI could help reduce labour force issues, including job polarisation and inequality. UBI consists of unconditional cash payments made to every citizen, regardless of their income. Recipients can use the cash for any purpose.
UBI study raises unemployment concerns
This 523-word blog post looks at the results of a study by the European Network for Economic and Fiscal Policy Research on the impact of a Universal Basic Income (UBI) experiment in Finland. Written on 19th March 2021.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.