A new program in Los Angeles County is offering universal basic income, with $1,000 monthly payments to a select group of young adults. The Los Angeles County Department of Public Social Services introduced the pilot program, which will provide a three-year guaranteed income for about 300 people ages 18 to 24, the agency said. Recipients will be randomly selected to receive the monthly payments, according to a news release from L.A. County Supervisor Hilda Solis. Offering guaranteed income could very well be the key to unlocking their full potential.”The program launched Aug. 31, according to a spokesperson from Solis’ office. About 3,200 Los Angeles households were randomly selected for the initiative by the city’s research partner, the Center for Guaranteed Income Research, city officials said.
Source: Los Angeles Times October 13, 2022 18:42 UTC