Finland launches two-year basic income trial

04 January, 2017, 00:42 | Author: Celia Hoffman
  • Finland launches two-year basic income trial

In a small experiment, 2,000 of the around 213,000 people in the country who are now unemployed have been selected to receive 560 euros (about $587) a month as part of their benefits package, according to the Guardian.

The experiment is conducted with 2,000 randomly picked unemployed participants between the ages of 25 and 58.

According to official data, the average private sector income in Finland is 3,500 euros per month. Olli Kangas from Finland's social insurance agency wondered. There are no strings attached and for the next two years, each participant will receive the sum regardless if they find or even attempt to seek a job or not. The first and most obvious is that they're expensive.

Kangas said the scheme's idea is to abolish the "disincentive problem" among the unemployed.

Unemployment benefits in Finland are pretty generous. If successful, the scheme could be expanded to people in low-income jobs such as freelancers, small-scale entrepreneurs and part-time workers. A charity raised millions of dollars to give a basic income to more than 6,000 people for up to 12 years. Instead of acting as a way to provide for those rendered jobless by technology, it is testing whether basic income could simplify the welfare system and reduce the perverse incentives it creates not to work. "It will increase the amount of money people have available while working in such jobs", he told Al Jazeera. Kangas also claims that the government is planning to expand this income experiment later on.

Critics dismissed basic income as an unworkable fantasy. "The fact that it is only tested on the unemployed also cancels the very same principle".

Crystal Palace-Arsenal Preview
Arsenal now sit in fourth position in the Premier League, nine points behind leaders Chelsea who host Stoke on Saturday. Christian Benteke has scored in six of his eight away league appearances for Palace.


Derek Carr "Mic'd Up" when his leg broke
Ward in the concussion protocol, rookie safeties Justin Simmons and Will Parks should again be busy. The Raiders then took three knees to run out the clock. "It's exciting", McGloin said Wednesday.


Iran to finalize aircraft deal with ATR next week
This month the company announced it is cutting production of the 777 long-haul jet due to a drop in demand. He faces criticism at home from hardliners over the cost of the purchases.


Kela's research team recommends expanding the pilot program to include people with small incomes in 2018. Switzerland outright rejected a proposal of the concept in June, but there have been trials popping up around the globe, including some in Kenya; Ontario, Canada; and Utrecht, Netherlands.

"Ethically, sufficient basic income system would be more humane and less humiliating than the current benefit system". The experiment is meant to raise employment and cut poverty and bureaucracy.

The plan will be implemented through 2017 and 018 and the results will be evaluated in 2019.

The basic income has been an issue of discussion in recent years.

Is it time for Universal Basic Income?

Recommended:

  • SpaceX to resume commercial spaceflights

    A long-term fix will involve design changes to prevent buckles altogether, which will allow for faster loading operations. It took SpaceX six months to return to flight after one of its rockets exploded during launch in June 2015.
    Todd Fisher Says Debbie Reynolds Didn't Die of a Broken Heart

    Todd Fisher Says Debbie Reynolds Didn't Die of a Broken Heart

    By now, basically everyone has heard about the tragic passing of the legendary Carrie Fisher and Debbie Reynolds . The grieving son and brother also spoke of his fears for Carrie's 24-year-old actress daughter Billie Lourd .

    Massachusetts Lawmakers Delay Start of Legal Marijuana Sales

    Lawmakers voted in both the Senate and House in informal session to delay retail sales six months, until July 2018. Rosenberg said there were no objections to the proposed delay among lawmakers.
  • Arsene Wenger Interested In Sevilla's Steven N'Zonzi

    Wenger said that this loss of control was inevitable, and that Arsenal were one of the unlucky sides this time. So we have to accept TV chooses the games.
    2016 recut as a horror movie is actually pretty terrifying

    2016 recut as a horror movie is actually pretty terrifying

    In addition to their 2016: The Movie trailer, they produce other sketches, a webseries, and a podcast. For many people, the end of 2016 can not come soon enough.
    Winter Weather Advisory in effect for parts of region

    Winter Weather Advisory in effect for parts of region

    In a matter of minutes and less than a mile, conditions can change from dry and clear to snow-covered roads and poor visibility. Feared wind gusts didn't materialize, said Field, with the exception of a 50 m.p.h. gust observed on Nantucket.
  • 10-month-old baby revived twice after exposure to fentanyl

    10-month-old baby revived twice after exposure to fentanyl

    Rojas-Rosario is being held on $100,000 bail at the Methuen Police station pending his arraignment at Lawrence District Court. The child was next flown to Tufts Medical Center for additional treatment, and is now considered to be in stable condition.

    Amanda Nunes TKO's Ronda Rousey in just 48 seconds

    However, from the bell it was obvious the oddsmakers had called this one wrong. "C'mon, guys!", Nunes said after the fight. Did Ronda Rousey even throw a punch? "Before I walk out, we talked because this moment is my moment".
    Messy: Here's Everything Tiny Harris Is Requesting In Her Divorce From TI

    Messy: Here's Everything Tiny Harris Is Requesting In Her Divorce From TI

    But as far as marital debts go, she wants the rapper to be responsible for all of that due to his high-earning ability. The reality show mom is reportedly requesting temporary, permanent legal and physical custody of their minor children.
  • New year begins with snow, low temperatures

    New year begins with snow, low temperatures

    With wind chill, it will feel like minus 1 degrees. "We don't have any big chances of precipitation on the horizon". Madison's official snow depth is 3 inches. "There may be still another chance for accumulating snow Friday".
    How to properly dispose of Christmas trees in Northeast Florida

    How to properly dispose of Christmas trees in Northeast Florida

    In Hammersmith and Fulham , Christmas trees will be collected for composting from the kerb over a two-week period. In Jacksonville, if you don't have recycling pickup, there are places you can take them to be recycled.

    Dallas Cowboys Team Grades: Cowboys Beat Surging Detroit Lions

    Dallas ran a reverse with Prescott motioning right and pitching to Bryant, who crossed behind him, running right to left. If Washington, Atlanta and Seattle win, the Redskins are going to Seattle barring a tie between Green Bay and Detroit .


Popular

World's oldest known killer whale is missing, declared dead
This matriarch led a long and rewarding life, passing down the wisdom of her generation while helping to raise future ones. It's unclear what killed her, but the whale was estimated to be 78 years old as of the end of 2016.

Janet Jackson Gives Birth To Baby Boy
It's been awhile... but I'm still listening. "She's doing great", a source told Us in September. "I feel your love and prayers". Janet had a stress-free healthy delivery and is resting comfortably, ' her representative told People magazine in a statement.

Samsung Ports Its Flagship's Premium Features to Its Latest Galaxy A Family
It sports a 5.2-inch full-HD (1080×1920 pixels) resolution Super display , 3000mAh battery and measures 146.1×71.4×7.9mm. We're yet to learn the price of the Galaxy A7 , while United Kingdom pricing on all three is yet to be confirmed.

Jurgen Klopp: Defence will be key factor against Manchester City
Then one month ago, he was a little bit down, two or three games he wasn't aggressive like in the first part of the season. On New Year's Eve, Liverpool host Manchester City at Anfield in a game of two serious title contenders.

Comeback Comes Up Short in OT, USC Loses 46-39
He taped it up and kept playing, but USF's offense struggled from that point on as Flowers had trouble handling the ball properly. He served as interim head coach at the University of CT for eight weeks during the 2013 season, winning his final three games.

Russian Federation closes American school in Moscow in retaliation to new Obama sanctions
The measures announced by USA media include new economic sanctions and censoring Russian diplomats. Students are now on winter break.

LG's levitating Bluetooth speaker is more than just a gimmick
Together with the TONE Studio and TONE Free, LG will also showcase the TONE Infinim and TONE Ultra at CES 2017. An optional charging cradle has also been provided, in case you don't want to use the speakers for battery.

Some big names in coaching got started under LaVell Edwards
He also served on several committees and boards for various college football awards and governing bodies since his retirement. The Robbie Bosco-led 1984 team went 13-0 and was voted national champion after beating MI in the Holiday Bowl.

Star Wars' Carrie Fisher Dies at 60
Warwick Davis appeared with the Princess Leia actress in Return of the Jedi. " Carrie was one of a kind. brilliant, original. Fisher made the role hers and 40 years after A New Hope , it's hard to imagine anyone else being that princess.

China lodges complaint over Taiwan's place in US Defense bill
He added saying, Sao Tome is a small, island nation, with very friendly people. Please Wait while comments are loading.