A social experiment where jobless people in Finland were given a basic income for two years did not result in helping them land a job as researchers had hoped – but it did yield another positive outcome.
The Finnish government, through its agency Social Insurance Institution (Kela), launched a study in 2017 to test the effectiveness of “unconditional basic income”.
The concept involved giving unemployed people a monthly income to help them get a job, even if it is low-income or temporary. Some 2,000 jobless Finns were randomly chosen to receive a set monthly payment of €560 (US$634) from January 2017 […]
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