The unconditional basic income has a positive effect on the mental well-being of the unemployed, but does not favor their return to the labor market. Finnish researchers come to this conclusion after a two-year pilot project. The participants were “happier with their lives and less likely to suffer from psychological stress, depression, sadness and loneliness”, as the researchers at the Finnish Institute for Economic Research Vatt said on Wednesday.
They also had more trust in their fellow human beings and social institutions. However, the hoped-for incentive to look for a job was largely lacking. On average, the participants worked only […]
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