Finland to test ‘universal basic income’ for the unemployed

29.12.2016 - Finland - Deutsche Welle

Finland to test ‘universal basic income’ for the unemployed
(Image by Deutsche Welle)

A group of 2,000 unemployed people in Finland will receive a basic income every month from the state, tax-free and with no strings attached. Proponents hope to prove such schemes boost people’s motivation to find work. Starting in January, 2,000 unemployed people in Finland will begin receiving 560 euros ($585) every month from the state with no strings attached. The new scheme, which will make Finland the first country in the world to test a universal basic income at the national level, will be managed by Finland’s Social Insurance Institution, known as Kela. “We think that this could be a big incentive for people to take on at least part-time work,” said Marjukka Turunen, head … read more

Categories: Economics, Europe
Tags:

Archives

International Campaign to Abolish Nuclear Weapons

International Campaign to Abolish Nuclear Weapons

Except where otherwise note, content on this site is licensed under a Creative Commons Attribution 4.0 International license.