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A Universal Basic Income could turn many marginal jobs into decent employments.

Wednesday, September 5, 2018 17:46

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Sir, Sarah O’Connor writes: “One of the defining economic challenges for today’s policymakers is how to make service sector jobs more decent, with better pay, security training and opportunity for progression”, “Payday lender’s demise will not free workers from the labour trap” September 5.

I do not agree. Few years ago I wrote that before our policymakers invest (waste) scarce resources trying to guess were the markets are going and create jobs, we need to build the floor and create decent and worthy unemployments.

“Better pays” raises the bar, something that could even kill jobs. A Universal Basic Income, that could start at a very low and absolutely sustainable level, could help many to reach up, more decently, to whatever jobs were available.

That would allow employment to be much more “the answer to financial distress, not the cause of it.”

@PerKurowski

Source: http://teawithft.blogspot.com/2018/09/a-universal-basic-income-could-turn.html

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