Finland plans employment boost: Guarantees universal basic income to 2,000 citizens

• 2,000 people to randomly get the benefits • Citizens to continue getting the benefit even after getting a job

• Scheme aimed to relieve joblessness

HELSINKI, Finland – As part of a guaranteed income scheme, Finland has vowed to pay $600 a month to 2,000 randomly-selected citizens.The country’s centre-right government under Prime Minister Juha Sipila launched the social experiment in a bid to increase spending and employment nationwide, aside from ending poverty.The unemployment rate of Finland stood at 8.1 percent in November 2016.This trial is to last for two years and started on January 1, 2017 after […]

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