This month, Finland became the first country to implement a basic income plan for some of their unemployed citizens. The program is aimed at motivating the unemployed to look for work. In addition, proponents of the program hope that it will help the economy adjust to changes in the labor market caused by automation .
If it works, Finland’s basic income plan could reshape and simplify the country’s social security system. It also has the potential to change the way citizens and governments around the globe think of unemployment and assistance. How the Plan Works
This month, Finland will […]
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