Categories: World

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.

Ivan Cease

Senior editor of the Chicago Morning Star

Recent Posts

Johnson Rome trip draws scrutiny amid CTA crime

Chicago Mayor Brandon Johnson’s trip to Rome to visit the Pope is drawing renewed attention to ongoing public safety concerns…

18 hours ago

Brewers eye NL Central lead against Cubs

The Milwaukee Brewers will have an opportunity to climb into first place in the National League Central when they continue…

2 days ago

CPS enrollment falls as CTU membership grows

Chicago Public Schools has lost nearly one-fifth of its student population over the past decade, even as the Chicago Teachers…

2 days ago

Indian student killed in crash near Chicago

An Indian student was killed, and several others were injured, following a late-night two-vehicle crash near Chicago, according to Indiana…

3 days ago

Trump says China to order 200 Boeing jets

Boeing could secure its largest Chinese aircraft deal in years after U.S. President Donald Trump announced that China plans to…

5 days ago

Chicago Fire move Crew match to SeatGeek Stadium

Chicago Fire FC announced Thursday that its Nov. 7 home match against the Columbus Crew will be relocated from Soldier…

5 days ago

This website uses cookies.