Finland trials basic income for unemployed

Finland became the first country in the world to start in January 2017 a practical experiment whereby it would pay a small sample of unemployed citizens an unconditional monthly sum.

The first stage of the Finnish basic income experiment was launched in January 2017. The purpose of the two-year experiment is to see if a basic income can help to boost employment.

The experiment is conducted among 2,000 persons between ages 25 and 58, who will receive a monthly basic income of €560 for two years. The participants were selected in December 2016 by random sample.

• Primary Source

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Kela: About Kela: Research: Research projects: Experimental study on a universal basic income http://www.kela.fi/web/en/experimental-study-on-a-universal-basic-income

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CAPX, 30.01.17: Why universal basic income is a particularly bad idea https://capx.co/why-universal-basic-income-is-a-particularly-bad-idea/?omhide=true

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