I imagine it would improve wages as employers would need to properly incentivise people to return to those jobs. Probably why UBI hasn’t made it past a trial yet.
Yes, but that’s the textbook definition of inflation (being forced to raise wages because the salary becomes less valuable). I’m not sure if that’s really the goal here.
I can understand the case for UBI, but so far most trials have been quite small in scope… that means few national effects have been properly observed.
To be fair, if 8% exits the labour market that would have a pretty severe economic effect, no?
I imagine it would improve wages as employers would need to properly incentivise people to return to those jobs. Probably why UBI hasn’t made it past a trial yet.
Yes, but that’s the textbook definition of inflation (being forced to raise wages because the salary becomes less valuable). I’m not sure if that’s really the goal here.
I can understand the case for UBI, but so far most trials have been quite small in scope… that means few national effects have been properly observed.