JGI/Jamie Grill via Getty Images One thousand Los Angeles County residents are now receiving $1,000 monthly payments under a guaranteed income program, according to the county.
Guaranteed income initiatives have gained traction across the country over the last few years. But LA County says its program is set to be one of the largest and longest-running of its kind, with participants getting $1,000 each month for the next three years.
These types of programs—also known as universal basic income—first garnered widespread attention in 2019, when Stockton, California launched its initiative. Since then, cities including Minneapolis, Seattle and Chicago have rolled out […]
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