Finland launches two-year experiment in basic income for the unemployed

The centuries-old concept of universal basic income (in which states provide citizens with money regardless of how much they work) continues to spark interest around the world, with Finland the latest country to experiment with a limited form of the policy. According to a report from the Associated Press , the European nation is starting a two-year trial that will give 2,000 randomly-selected unemployed citizens a guaranteed basic monthly income of €560 ($587) — even after they’ve found work.

Finland’s center-right government hopes the experiment will curb unemployment in the country, which currently stand at around 8.1 percent, or 213,000 […]

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