Finland’s basic income experiment has returned its long-awaited first results

Finland’s basic income experiment has returned its long-awaited first results

Those given the £490-a-month payment reported improved wellbeing but there is no sign of a significant rise in employment Finland’s much-heralded two-year basic income experiment has had the eyes of the world on it since it kicked off just over two years ago.

The trial ended in December and Kela, the Finnish benefits agency, has lifted the lid on the first set of provisional results of how the 2,000 people given €560 (£490) per month unconditionally reacted.

The headline news is that there was limited movement on the employment front during the first year of the trial, according to 2017 figures. […]

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