Finland basic income trial ‘increased well-being but not employment’

Finland basic income trial 'increased well-being but not employment'

The participants received 560 euros (£490) in tax free basic income Credit: Michael Probst/AP A nationwide experiment with basic income in Finland has not increased employment among those participating in the two-year trial, but their general well-being seems to have increased, a report said on Friday.

The Social Insurance Institution of Finland, or Kela, said "it was not yet possible to draw any firm conclusions" from the first half of the experiment, where about 2,000 randomly selected, unemployed people aged 25-58 got tax-free income of 560 euros ((£490) a month with no questions asked.

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