Wednesday, July 27, 2022

Blog: Why a universal job guarantee beats the basic income pipe dream

With the current cost-of-living crisis resulting in dramatic inflation, higher interest rates and a looming recession, people have been searching for solutions to the economic crisis. A universal job guarantee may just be the answer we’re looking for, especially since Canada lost 43,000 jobs in June. While most people are familiar with the idea of a universal basic income — the notion of giving every citizen a basic income, irrespective of their income level or need — few are familiar with the idea of a universal job guarantee.

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