German Study Confirms Universal Basic Income Boosts Wellbeing Without Reducing Employment
German Study Confirms Universal Basic Income Boosts Wellbeing Without Reducing Employment

German Study Confirms Universal Basic Income Boosts Wellbeing Without Reducing Employment

News summary

A recent study in Germany has found that universal basic income (UBI) can significantly improve mental health without negatively impacting employment levels. The three-year pilot program, conducted by Mein Grundeinkommen and the German Institute for Economic Research (DIW Berlin), involved 107 participants receiving €1,200 monthly. Contrary to critics' fears that UBI would discourage work, participants showed no significant change in employment rates, although more individuals pursued further education or changed jobs. The study highlighted improved overall wellbeing, with recipients reporting better health satisfaction and reduced stress. Additionally, spending patterns shifted, with many participants saving more and donating to others. The findings contribute to the ongoing debate about UBI's feasibility and benefits in Germany, where public support for such policies is growing.

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