Monday, 8 May 2017

Independent: Finland's universal basic income trial for unemployed reduces stress levels, says official

Independent: Finland's universal basic income trial for unemployed reduces stress levels, says official

Citizens receiving a basic monthly income as part of a radical Finnish pilot scheme have seen a reduction in their stress levels, an official leading the trial has said.

The first of its kind in Europe, the scheme sees 2,000 people receive 560 euros (£473) every month for two years. Recipients do not have to report whether they are seeking employment or how they are spending the money, which is deducted from any benefits they are already receiving.

Marjukka Turunen, head of KELA, the legal unit at Finland's social insurance agency, said as well as cutting bureaucracy, reducing costs and tackling poverty, the scheme was having an indirectly positive effect on people's mental health.

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