As part of the government's social experiment in attempts to reduce poverty, boost employment, and cut government red tape, Finland will be offering selected unemployed citizens a basic monthly income equivalent of 560 euros or P29, 145.
This is the first country in Europe to do this unique social experiment.
Olli Kangas of KELA, a Finnish government agency responsible for the country's social benefits, said that the program will have 2,000 randomly chosen citizens who will receive unemployment benefits which will last for a two-year trial basis. The program has already started.
The chosen 2,000 Finnish will have no reporting requirement on how they spend it and their expenses will be deducted from any benefits they have already received.
The trial will also give selected people 560 euros after receving a job.
Kangas said that the project will most likely be extended to freelancers, part-timers, and small-scale entrepreneurs.
“It’s highly interesting to see how it makes people behave,” Kangas said. “Will this lead them to boldly experiment with different kinds of jobs? Or, as some critics claim, make them lazier with the knowledge of getting a basic income without doing anything?” he said last Monday.
The project is part of Prime Minister Juha Sipila's measures to counter Finland's joblessness problem.
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