Finland test implementation of unconditional basic income

Finland test implementation of unconditional basic income

Finland intends to examine whether the implementation of unconditional basic income can simplify the social system of the country and lead to more unemployed to find work. In January, 2000 randomly selected unemployed people will receive rather than their unemployment benefit an amount of 560 EUR per month, without any conditions. The money will not be taxed and will not have any financial penalty if the receivers earn extra cash. This test at national level would make Finland the first country in the world that will pay the unconditional basic income.

The testing group will learn shortly before the New […]

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