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February 11, 2019

Finnish basic income trial: creates happiness, but not jobs

By JAN M. OLSEN
Associated Press

COPENHAGEN, Denmark — A nationwide experiment with basic income in Finland has not increased employment among those participating in the two-year trial, but their general well-being seems to have increased, a report said Friday.

The Social Insurance Institution of Finland, or Kela, said “it was not yet possible to draw any firm conclusions” from the first half of the experiment, where about 2,000 randomly selected, unemployed people aged 25-58 got tax-free income of 560 euros ($636) a month with no questions asked.


 
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