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Universal basic income does not stop people from working, study finds

Cover Image for Universal basic income does not stop people from working, study finds

This form of financial allowance has been more seriously considered in European countries of late, over fears that AI will lead to mass unemployment.

PARIS: People who are paid enough to live on without any conditions attached were no less likely to work fewer hours and reported better mental health than others, according to a German study published yesterday.

In the research, 107 people were paid €1,200 (about RM5,900) a month for three years with no obligation to work, and were compared against a control group of 1,580 people who received no such payment.

The study, the biggest to be conducted into universal basic income (UBI) in Germany, found that the group receiving the payments were also no more likely to withdraw from the labour market.

Tags:economicsGermanymoneyresearchuniversal basic income


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