Employment has failed to rise after Finland’s ‘Free Cash’ Experiment

Employment has failed to rise after Finland’s ‘Free Cash’ Experiment

Employment has failed to rise in Finland despite being the first European country to give the citizens free cash. However, it has a major benefit that it has improved the wellbeing of the people.

In this two-year experiment, some 2000 people were given €560 who were aged between 25 to 58 years under no conditions.

This experiment was done to see if the people were motivated to earn money or not.

Finland’s minister of health and social affairs said that the first year’s analysis of data shows that this experiment has minor result on the society.

The scheme’s chief researcher says otherwise and says that the people under this experiment were happy than the people who had not received this financial assistance.

The people who had received the money have said positive things about the experiment.

The country’s centre-right government initially wanted to expand this trial but changed last April.

Employment ratio has dropped to a record low.

Senior editor of the Chicago Morning Star

Related Posts
Kyiv blasts weapons, while Moscow loses 44 artillery systems a day
Moscow's artillery losses in the war-torn nation have mounted, and on Wednesday Kyiv announced that
American Soldiers on High Alert as Iran Allies Join Israel-Hamas War
U.S. forces deployed around the Middle East are keeping an eye out for Iranian-backed militias
House Republicans becoming more doubtful about Ukraine: “It’s not just the Freedom Caucus”
As Congress confronts its first test over America's engagement in the battle against Russia, doubt
As emotions grow, Democrats will debate in the New Hampshire primary
In the midst of an internal party conflict that has heightened tensions between members and
Ice cream makers to drop artificial colors by 2028
A sweeping change is coming to America’s frozen dessert aisle. More than 90% of U.S.
Carnival Returns to Moultrie-Douglas County Fair in 2025
The excitement is building in central Illinois as the Moultrie-Douglas County Fair Board confirms the
Second Death Reported After Elevidys Gene Therapy; FDA and Sarepta  Investigating
A second patient has died following treatment with Elevidys, the only FDA-approved gene therapy for
The biggest cities in Ukraine are struck by Russian missiles, leaving at least 4 dead and over 100 injured
Ukraine's KYIV — At least four people were killed and nearly 100 injured when Russian
China is told to cease “COVID deception” due to the pneumonia outbreak by the US envoy
The United States ambassador to Japan, Rahm Emanuel, urged Chinese authorities "to abandon COVID deception"
Why immigration from Ukraine and Latin America to Chicago had such different outcomes
Over the past 18 months, Chicago has welcomed over 30,000 Ukrainian refugees without much controversy;
Kyiv blasts weapons, while Moscow loses 44 artillery systems a day
Moscow's artillery losses in the war-torn nation have mounted, and on Wednesday Kyiv announced that
American Soldiers on High Alert as Iran Allies Join Israel-Hamas War
U.S. forces deployed around the Middle East are keeping an eye out for Iranian-backed militias
House Republicans becoming more doubtful about Ukraine: “It’s not just the Freedom Caucus”
As Congress confronts its first test over America's engagement in the battle against Russia, doubt
As emotions grow, Democrats will debate in the New Hampshire primary
In the midst of an internal party conflict that has heightened tensions between members and
Ice cream makers to drop artificial colors by 2028
A sweeping change is coming to America’s frozen dessert aisle. More than 90% of U.S.
Carnival Returns to Moultrie-Douglas County Fair in 2025
The excitement is building in central Illinois as the Moultrie-Douglas County Fair Board confirms the
Second Death Reported After Elevidys Gene Therapy; FDA and Sarepta  Investigating
A second patient has died following treatment with Elevidys, the only FDA-approved gene therapy for
The biggest cities in Ukraine are struck by Russian missiles, leaving at least 4 dead and over 100 injured
Ukraine's KYIV — At least four people were killed and nearly 100 injured when Russian