Finland is to replace unemployment benefits with a guaranteed basic income in a trial the government hopes will end the cycle of welfare dependence said to keep people out of work.
In the first European test of its kind, out-of-work Finns will receive a monthly €560 (£473) payment, equal to the current level of unemployment benefit but with no conditions attached. It will continue to be paid even after receiving a job.
A random selection choose 2,000 people to take part in the two-year experiment, which will test one of the key theories behind basic income – that it can reduce […]
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