Economics
Free Money Didn’t Help People Find Jobs, Finland Says
- Preliminary results show no major impact on employment levels
- Full results of basic income trial not expected until 2020
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Distributing free money to the unemployed improves their well-being, but doesn’t appear to have any significant impact on their job prospects.
That’s according to the preliminary results of a landmark experiment in Finland, the first country in the world to trial a basic income at a national level.