HELSINKI: For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland’s universal basic income test, he’s hoping for a fresh start. As of Jan. 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of 560 euros ($590).
If the test is successful, the plan will be rolled out nationwide, though the exact amount and conditions remain vague at this stage.
The basic income pilots have been tried in a number of countries worldwide, especially in the last decade, such as Canada, […]
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