A world-first trial in which people in an Austrian town were guaranteed a job has “eliminated” long-term unemployment there.
The pilot programme designed by Oxford University economists for the Lower Austria municipality of Marienthal was launched in 2020 and offered residents unconditional and well-paid work for more than 12 months.
New results, shared with The Independent, show the policy left participants happier, more financially secure, and more involved in their community – as well as vanquishing joblessness in a region that has previously struggled with it.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies