Finland’s Basic Income Trial Boosts Happiness, but Not Employment - News Summed Up

Finland’s Basic Income Trial Boosts Happiness, but Not Employment


HELSINKI, Finland — A basic income made recipients happier than they were on unemployment benefits, a two-year government experiment in Finland has found. Finland — the world’s happiest country last year, according to the United Nations — is exploring alternatives to its social security model. About 2,000 Finns, chosen randomly from among the unemployed, became the first Europeans to be paid a regular monthly income by the state that was not reduced if they found work. The trial was being watched closely by other governments who see a basic income as a way of encouraging the unemployed to take up often low-paid or temporary work without fear of losing their benefits. Finland’s minister of health and social affairs, Pirkko Mattila, said the impact on employment of the monthly pay check of 560 euros ($635) “seems to have been minor on the grounds of the first trial year.”


Source: New York Times February 09, 2019 10:30 UTC



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