Participants of New Orleans' guaranteed basic income pilot received $350 monthly, helping them with essentials and increasing opportunities for employment and education, bridging significant gaps.
The program showed promise in alleviating financial stress by providing financial support to 'opportunity youth' who were previously disconnected from work and school.
One participant successfully replaced a broken laptop with the cash provided, enabling them to enroll in a coding class, showcasing the practical benefits of the initiative.
Researchers concluded that while the program aided some in securing full-time jobs and education paths, some participants faced challenges once the payments ceased.
#guaranteed-basic-income #youth-employment #social-safety-net #poverty-alleviation #new-orleans-pilot-program
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