Category: Basic Income

Lawmakers Consider Introducing Universal Basic Income

Lawmakers Consider Introducing Universal Basic Income

"New Mexico State Capitol" by jcsullivan24 is licensed under CC BY-NC 2.0 New Mexico has been at the forefront of progressive legislation to improve living standards for residents, with New Mexico state lawmakers approving a $15 minimum wage and mandatory paid sick leave for workers. The most recent proposal could be one of the most progressive in the country; New Mexico lawmakers may soon debate whether to introduce a universal basic income for residents.

Lawmakers in the Revenue Stabilization and Tax Policy Committee heard about a pilot program in Santa Fe Monday night. New Mexico House Majority Floor Leader Rep. […]

‘Never too early’ for retirement planning – top ways to retire before state pension age

‘Never too early’ for retirement planning - top ways to retire before state pension age

Speaking to Express.co.uk, James Norton, Head of Financial Planners at investment company Vanguard shared his suggestions on how those in their 40s and 50s can begin their own retirement plans.

Through his time with Vanguard, Mr Norton is able to determine the crucial elements Britons need to consider before they retire. Set goals

He emphasised why it is important that people set out specific goals that they want to reach ahead of leaving working life ahead of schedule. Early retirement: Top tips for retiring early “When setting your retirement goals, you should take account of the risks involved in achieving […]

UBI payments: Utopian, or realistic?

UBI payments: Utopian, or realistic?

As a recent candidate for the mayor of New York City, Andrew Yang proposed to, “Give some low-income New York residents a basic cash-payment of about $2,000 each year.”

As candidate for the president of the U.S. not too many months ago, he proposed a similar policy – “The cornerstone of Yang’s platform was the Universal Basic Income (UBI). Yang described the UBI as ‘a form of Social Security that guarantees a certain amount of money to every citizen within a given governed population, without having to pass a test or fulfill a work requirement.’” The proposed payment was to […]

3 lockdown scenarios for South Africa – including a fourth wave over Christmas

3 lockdown scenarios for South Africa – including a fourth wave over Christmas

Professional services firm PwC has published its latest economic outlook for South Africa, which includes forecast scenarios for the country’s lockdown levels and their likely impact on the economy.

The group’s economic scenarios for 2021 are strongly influenced by different perspectives about the third wave of Covid-19 infections.

On 27 June, president Cyril Ramaphosa announced a move to lockdown level 4 which included the banning of alcohol sales, social gatherings (excluding funerals), and leisure travel to and from Gauteng.These were relaxed on 27 July as the country moved to lockdown level 3.PwC compiled three scenarios for how South Africa’s lockdown levels […]

Both Gig Workers and Freelancers enjoy the flexibility of gig work but miss employment-related benefits that would bring them better financial stability and overall wellness

Both Gig Workers and Freelancers enjoy the flexibility of gig work but miss employment-related benefits that would bring them better financial stability and overall wellness

EDMONTON, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Market Research firm Advanis announces the second installment of their Future of Work series, a proprietary study on the Gig Economy Worker in Canada.

Summary

Advanis’ survey of 616 Canadians working in gig or freelance roles has shed some light into the profiles and needs of those working in the gig economy, in particular: Freelancers and Gig Workers are distinct from each other in regards to the type of work they are doing, their profile/demographics, their motivations, and their needs. Gig work is not only booming because workers enjoy the flexibility and […]

Six women arrested for allegedly using fake prescriptions to defraud Sassa

Six women arrested for allegedly using fake prescriptions to defraud Sassa

Six women have been arrested for allegedly defrauding the SA Social Security Agency.

The women are accused of using fraudulent prescription letters to access social grants.

Two of the women have been released on bail. Six women accused of fraudulently using prescription letters to apply for social grants have been arrested in the Free State.The woman, aged 38 to 55, were arrested on Tuesday and appeared in the Botshabelo Magistrate’s Court on the same day on charges of fraud, according to police spokesperson Brigadier Motantsi Makhele. READ | Going BIG: How should the basic income grant […]

The big drop in American poverty during the pandemic, explained

The big drop in American poverty during the pandemic, explained

A large part of the federal government’s response to Covid-19 was to provide relief in specific essentials like food and housing. In 2020 and 2021, the federal government gave Americans an unprecedented amount of money.

A big part of the US’s response to Covid-19 was strengthening the existing safety net, or providing relief specific to particular types of spending, like food or housing. Food stamp/SNAP benefits were raised . Evictions were barred nationwide for over a year.

But the core of the response was an unprecedentedly large and inclusive set of stimulus checks directly shoveling money to most Americans. In three […]

‘The cultural world after COVID will be different’: arts industry calls for more supports to rebuild, transform

‘The cultural world after COVID will be different’: arts industry calls for more supports to rebuild, transform

‘We must not wait,’ says Independent Senator René Cormier of post-COVID support for the arts. ‘Competition is there and the world is changing and artists are leaving … there’s a sense of urgency here.’

Senator Patricia Bovey, right, and Senator René Cormier, have both worked in the arts and culture sector and weighed in on how the industry can recover after being hit by financial and employment woes during the COVID-19 pandemic. Photograph courtesy of René Cormier’s office and The Hill Times photograph by Andrew Meade

The arts and culture sector, like many industries, has been struggling since the […]

Guaranteed income at work

Guaranteed income at work 1 The rationale is overstated, especially when the warnings about bad economic policy turn out to be true. But there are few better examples of a warning justified earlier and more completely than the March warning about the danger to the job of federal benefits for not working in the $ 1.9 trillion Covid spending bill. Democrat dollars.

The Labor Department reported on Monday that the economy had 10.1 million job openings in June. This is against 9.5 million in May, against 9.2 million in April. It comes amid a booming recovery as pandemic lockdowns ease […]

Tacoma Seeks Applicants for Guaranteed Income Demonstration

Tacoma Seeks Applicants for Guaranteed Income Demonstration

Applicants Needed!

TCC students and employees: How much could an additional $500 per month for 12 months improve your life?

The City of Tacoma is accepting applicants for the Growing Resilience in Tacoma (GRIT) program demonstration from 10 a.m. Aug. 9 – 11:59 p.m. Aug. 16. About GRIT Part of a national project, GRIT is a first-of-its-kind guaranteed income demonstration in Tacoma. Participants may receive $500 a month for 12 months as a supplement to their income and public benefits. They will take part in surveys to help determine the impact these funds make over time.A guaranteed income is a […]