Alaska’s Permanent Fund Dividend has no overall effect on employment

Alaska’s Permanent Fund Dividend has no overall effect on employment

Alaska’s provision of regular, unconditional income to its inhabitants has had no overall effect on employment, a recent study has found.

The Permanent Fund Dividend (PFD) , provided by the Alaskan government to all citizens who apply for it, currently stands at approximately $2000 per person per year. The authors of the study have indicated that, although this seems a small amount, the fact that it is applied regardless of age means that a two-parent family with two children could claim $8000 per year, which is considerably more substantial.

The study was carried out by Associate Professor Damon Jones of the […]

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