Finland's income trial boosts happiness, not employment, Europe News & Top Stories

Unlike with regular unemployment benefits, the experiment's participants were free to top up their allowance by taking up part-time jobs and weren't required to actively seek a full-time position.

Universal basic income recipients in Finland haven't improved their employment levels, but they have improved their well-being, the first results from the experiment have found.

Mr Simanainen said that while some individuals found work, they were no more likely to do so than a control group of people who weren't given the money.

The idea of a basic income as a replacement for means-tested welfare payments has its share of supporters on both the left and the right of the political spectrum.

He said the end of the two-year trial, during which he published two books, had made it hard again for him to accept commissions, because "I. can earn only 300 euros per month without losing any benefits".

It was run by the Social Insurance Institution (Kela), a Finnish government agency, and involved 2000 randomly selected people on unemployment benefits.

The recipients of a basic income had on average 0.5 days more in employment than the control group, Kela said.

In the Finnish experiment, the basic income is below what unemployment benefits pay, which is 32.40 euros a day, or nearly 1,000 euros ($1,135) a month - subject to income tax of about 30 percent.

The proportion that had had earnings or income from self-employment was approximately one percentage point higher for the recipients of a basic income than for the control group (43.70% and 42.85%).

Check out the best deals for National Pizza Day Saturday
According to the National Association of Pizza Operators, about three billion pizzas are sold in the US each year. Little Caesar's: Stuffed Pretzel Crust Pizza for $9 or simply the Pretzel Crust Pizza for $6.

The amount of earned and entrepreneurial income was an average of 21 euros lower among the participants.

But those in the trial reported they were happier and healthier than the control group. 17% of the recipients of a basic income and 25% of the control group experienced quite a high degree or a very high degree of stress. "They were also more confident in their future and in their ability to influence societal issues", said Minna Ylikännö, lead researcher at Kela.

Ms Sini Marttinen, 36, said knowing her basic income was guaranteed had given her enough confidence to open a restaurant with two friends during the trial period.

People receiving basic income over the past two years said the tax-exempt benefit made it easier to set up a business and that they were pleased with the reduction in red tape.

"The results of the register analysis and the survey are not contradictory".

Proponents assert that a basic income can empower people to start new businesses and have a safety net, no matter how well their venture does.

The Nordic country's official unemployment rate was 5.4 percent in 2018.

The recipients of a basic income were selected through random sampling among those who in November 2016 received an unemployment benefit from Kela.

For one year, 2,000 randomly selected unemployed people were given an unconditional monthly basic income of $685 U.S. dollars.

Related News:



Most liked

Booker deliveries disrupted following Ocado warehouse fire evacuation
Although under control, it caused a collapsed roof and damaged all the robots and stock inside, firefighters said. These are the times when we take our hats off to the firefighters (and other experts) who tackle such scenes.

The New Chucky Movie Trailer Is Completely Terrifying
This particular Child's Play is not a part of the original franchise from Chucky's original creator, writer-director Don Mancini . We said no thank you, because we have our ongoing thriving business with Chucky . " Child's Play " is due out this June.

Scotland braced for 70mph winds from Storm Erik
A yellow weather warning has been issued Norfolk this weekend, with gusts of up to 55mph potentially hitting parts of the region. Snow, rain and wind are set to continue to batter the United Kingdom this weekend as Storm Erik rages on through Saturday.

Microsoft cybersecurity expert: Please, stop using Internet Explorer as a web browser
The brand has struggled to shake off the bad reputation of Internet Explorer 6, which was notoriously insecure. Unfortunately, Internet Explorer isn't equipped to handle the modern web.

Wells Fargo Customers: Outage Still Blocks Account, Pay Access
Wells apologized multiple times during the outage and said any fees that customers incur because of the outage would be reversed. Customers spoke up on social media Friday, saying mobile banking either was unavailable or their paychecks had yet to show up.

TSA confiscates record number of guns in 2018
But guns were also found in the luggage of an 84-year-old woman, a 10-year-old boy, a pastor, and an airport worker. Airports with higher rates of firearm seizures were generally found in states with less strict gun laws.

Fortnite account merging is finally here
The ability to merge your Fortnite accounts to share cosmetics and pool V-Bucks across different platforms is finally possible. The whole process should take about two weeks , after which all items and V-Bucks will be in a unified under one happy roof.

Donald Trump Claims 'Presidential Harassment' By Democrats
At least two Democratic staffers working on Schiff's staff also spent time at the National Security Council, and Rep. She is a specialist on China and North Korea who speaks fluent Mandarin, one of the people said.

Paul Pogba Gave His Shirt To A Fan Following Win Over Fulham
While Solskjaer's men will be feeling buoyed ahead of a daunting run of games, Ranieri's side will sense the pressure building. Pogba dispatched his penalty with aplomb and United spent the final 25 minutes keeping their powder dry for PSG.

Border officer shoots driver; Arizona port of entry reopens
Customs and Border Protection, a helicopter spotted the group amid freezing temperatures while investigating a possible campfire. Mexican authorities told the Nogales International newspaper that two men were in the truck and the passenger was arrested.

Backed forces launch 'final battle' against ISIS enclave in Syria
In recent weeks, thousands of civilians, including families of IS fighters, left the area controlled by the extremists. The Wall Street Journal reported on Friday the USA military was preparing to withdraw from Syria by end of April.

Former NY Times editor acknowledges sourcing errors in book
For her book, Abramson was assisted by John Stillman, whom she credits with helping her with research, reporting and writing. Abramson has defended herself by saying that her book includes extensive end notes, including web links to sources.

Walking Dead Will Lose Danai Gurira as Michonne After Season 10
The announcement of her departure strikes another massive blow to the hit series after Andrew Lincoln left late past year . We really want her to stay. " She is an incredibly valuable character and I'm really hoping she stays", he added.

Trump aide Kushner set for late February Mideast tour
Their mission is to get regional leaders to buy into the economic aspect of his peace plan, which include giving investments and aid to the Palestinian people.

Tottenham manager Pochettino: Liverpool still favourites
It's been good because we can work and at the same time, we can breathe a little. Not for Sunday or Wednesday, but we will see after".