Finland to provide 2000 citizens with free basic income next month

Finland to provide 2000 citizens with free basic income next month

Starting January 1, 2017 Finland will provide 2,000 unemployed citizens with 560 Euros every month for two years. The nation hopes that the basic income experiment will improve quality of life for its citizens while opening up new jobs.

If you currently collect unemployment in Finland, you risk losing your benefits if you start to bring in side income. The country has discovered that the regulations behind this safety net effectively deter people from seeking part-time jobs. Starting a new company or joining a startup is also risky, and many people need the reliability of an unemployment […]

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