Finland's basic-income trial found people were happier, but not more likely to get jobs - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The final results are in: Finland's basic-income trial found people were happier, but weren't more likely to get jobs

Juha Jaervinen, a participant in Finland's basic income experiment, rides on a rented bike in April 2018..The final results of a basic-income study in Finland found people were happier but not likelier to get a job after given free money.The study drew criticism from some experts for its design.

"This was a big carrot, and we can see it didn't fully work," Kari Hamalainen, chief researcher at the VATT Institute for Economic Research, said on a livestream, according to the outlet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Extremely flawed test from the beginning. It isn't universal basic income if the income isn't universally given to all. By only giving it to one small subset of the population (unemployed) it doesn't work. The idea is to create a floor, not a ceiling like welfare does now.

To find jobs is not human task. To be happier is

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

YouTube creator monthly income: 25,000 subscribers, micro influencer - Business InsiderMicro influencer Jimmy Ton, who runs a tech review YouTube channel with 25,000 subscribers, shared how much money YouTube paid him in April.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus: Second and third wave of pandemic is now likely - Business Insider'We know with great certainty that there will be a second wave. The majority of scientists are sure of this,' said the president of the Robert Koch Institute. Or are we in the second wave already given that France had detected a case that was there last year? Let's spread Panic Fear. The only people who didn't believe this don't understand this virus. The virus isn't going away it will be around for a long time and yes more will get sick and some will die. If your afraid go hide in your bunker but that may not even save you if you let anyone in or out.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Increased adoption of IoT solutions likely to continue after pandemic - Business InsiderIoT providers have seen an uptick in demand due to the pandemic, with new use cases arising in accordance with social distancing guidelines.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US companies eliminated a record 20.2 million jobs in April, ADP report says - Business Insider'Job losses for the month of April alone was more than double the total jobs lost during the Great Recession,' said Ahu Yildirmaz of ADP. much more in june-july!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Information you need from your job if you get laid off or furloughed - Business InsiderIf you're worried about your job security you should gather information about your employer, health insurance provider, 401(k), and more. Bid-Ask: 25%-35% It is time for them to start their own business, rather then mourning . God always opens bigger door before shuting current door. So all must to move search that .
Source: BusinessInsider - 🏆 729. / 51 Read more »