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
Pet cat tested positive for coronavirus in UK
A pet cat has been tested positive for coronavirus in the UK. There are several
Kroll report, Ukraine: Kolomoiskiy and Surkis brothers withdrew money from Privatbank during the bail-in
[pdf-embedder url="https://chicagomorningstar.com/wp-content/uploads/2020/07/Kr-1.pdf" title="View the original document"]Kroll investigators have discovered a scheme that reveals how Igor
Sudanese Prime Minister sends army to Darfur after deadly firing incident
Abdalla Humdok, the prime minister of Sudan, announced the deployment of army troops in Darfur
European Bank’s president says women leadership is working better to deal with coronavirus crisis
Christine Lagarde, the president of the European Central Bank (ECB), said while praising women leadership,
Intelligence report says UK is main target of Russia for its US relations
The Parliamentarian Intelligence and Security Committee (ISC) of the UK said that the UK government
TikTok denies allegations of working under Chinese government
TikTok, a video-sharing application, has denied the allegations of working under the Chinese government. Theo
Russia faces allegation of attempting to steal COVID-19 vaccine information
Canada, the United Kingdom, and the United States of America claimed that the hackers working
Intense flood situation in China, 33 rivers are on their highest level
China is facing the worst flooding in the last 30 years. 33 rivers in China
Oman Confirms Record 1,210 COVID-19 Cases
Coronavirus cases are rising in Gulf state Oman. Within the last 24 hours, Oman has
Qatar: Number of patients undergoing COVID-19 treatment drops to less than 6,000
Gulf state Qatar’s COVID-19 tally cross 100,000. Within the last 24 hours, Qatar confirmed 600