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Finland: Completion of the general basic income



The Finnish government will not extend a two-year study that paid a basic income of $ 560 (685) per month to 2,000 unemployed.

The pilot started in January 2017 and is now due to expire at the end of this year. The 2,000 participants were randomly selected to receive the monthly payments even after they found employment.

"The zeal of the government is evaporating and they are rejecting additional funds [for it]," said Olli Kangas, a researcher with the Finnish Government Social Insurance Institution (Kela) and one of the experiment's designers.

The universal basic income is seen by its supporters as a safety net that would encourage unemployed people to get at least temporary jobs. It is believed that it could improve mobility in the labor market by providing people with an income between the contracts.

Finland was the first European country to seriously consider paying its citizens an unconditional basic income and then implemented such a system. However, the government is currently exploring other ways to reform the country's existing social system. "

" There is a problem with young people without secondary education and reports about these men who are not seeking work, "Professor Heikki Hiilamo Social Policy at the University of Helsinki said." There is a fear that they will simply be at home with the basic income

A number of billionaire entrepreneurs have been interested in the concept of universal basic income, arguing that job insecurity can not be prevented, the growing trend toward automation Some of the proponents of the idea are Mark Zuckerberg of Facebook, Elton Musk of Tesla and Space X and Richard Branson of the Virgin Group.

Sam Altman, president of the Y Combinator start-up accelerator, is currently planning another basic income experiment to randomly select 3,000 people in two US States, of which 1

,000 will raise $ 1,000 per month for three to five years The use of these payments is closely monitored and the consumption habits of the recipients are compared with those who do not receive the basic income.

In 2016, Swiss voters overwhelmingly rejected a proposal to introduce an unconditional basic income for all Swiss. The proposal was to pay each adult 2,500 Swiss francs (2,558 US dollars) per month, while each child should receive 625 Swiss francs (635 US dollars).


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