Finland launches basic income experiment with Jan. 1 cheques for those in pilot project

Finland launches basic income experiment with Jan. 1 cheques for those in pilot project

2,000 people in a pilot project will soon receive a basic income regardless of employment income or other government benefits, as part of a groundbreaking government project. Finland has become the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to 560 euros ($587 US), in a unique social experiment which is hoped to cut government red tape, reduce poverty and boost employment.

Olli Kangas from the Finnish government agency KELA, which is responsible for the country’s social benefits, said Monday that the two-year trial with the 2,000 randomly picked citizens who receive unemployment benefits […]

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