New Orleans gave a month-to-month assured revenue to 125 younger individuals. Right here’s what occurred.
NEW ORLEANS (WGNO) — Officers with the Metropolis of New Orleans have introduced the findings of unbiased knowledge collected from its New Orleans Assured Earnings Program.
Metropolis leaders stated this system is operated by the Workplace of Youth and Households and was designed to assist younger Orleans Parish residents who “have been disconnected from work and faculty” to assist join them with schooling and employment alternatives.
All through this system, metropolis leaders stated 125 individuals between the ages of 16 and 24 acquired $350 a month for 10 months.
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The town labored with ALAS, Collegiate Academies, Wholesome Begin, New Orleans Public Faculties, Youth Empowerment Mission, New Orleans Youth Alliance, Louisiana Heart for Youngsters’s Rights and Educators for High quality Options to execute this system
On Tuesday, Sept. 3, town introduced the findings of knowledge collected from this system, stating that employment charges elevated, monetary well-being improved and housing safety turned higher.
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In accordance with town, from the beginning of this system to the tip, full-time employment amongst contributors rose from 6% to 21% and revenue volatility decreased by virtually 20 share factors.
Metropolis leaders stated the information collected exhibits that there was a optimistic pattern in monetary wellbeing via the length of this system with “fewer people falling into the decrease well-being classes and extra transitioning into larger well-being statuses.”
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The info additionally concluded that contributors reported that the quantity of contributors who reported a housing price of greater than 50% of their revenue declined via the length of this system.
In accordance with town, “homelessness was solely reported throughout the Baseline analysis, indicating a possible enchancment in housing state of affairs over time.”
Learn the complete report:
SP2CGIRFinalReportNOLA08.30.24Download
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