Universal basic income would reduce overall workforce participation by more than 15% within five years of implementation.

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0 ◎ stannebraska (329) · 7 months ago · work-incentives, welfare-systems, social-policy, labor-economics, sociology

This claim argues that implementing a universal basic income program would lead to a significant decline in workforce participation rates, with more than 15% of the working population choosing to exit the labor market within the first five years due to the availability of unconditional income support.

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