January 04, 2017
Finland Adds New Meaning To The Term ‘Funemployment’
Finland is giving universal basic income a test run and will now pay its unemployed citizens an unconditional monthly sum. For the next two years, Finns between the ages of 25 to 58 will receive €560, which will hopefully cut poverty and even the country’s 8.1% unemployment rate. This social experiment looks like a college student’s dream gap-year. Kela, Finland’s social security provider, said the guaranteed monthly income will continue even if its recipients find work. In other news, Daily Pnut will consider moving our offices to Helsinki.
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