Universal basic income experiment made people happier but not more likely to get a job

Tuesday, February 12, 2019 - 10:30 in Psychology & Sociology

Finland's Social Insurance Institution (FSII) has published the results of an income experiment it carried out for two years to learn more about ways to reduce unemployment. They report that their experiment showed that giving unemployed people a no-strings-attached guaranteed income instead of an unemployment allowance made them happier and less stressed—but it did not make them any more or less likely to get a job.

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