This file photo taken on January 10, 2017 shows a client entering the Employment Agency in Helsinki, Finland. AFP / Lehtikuva / Vesa Moilanen
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland's universal basic income test, he's hoping for a fresh start. As of Jan. 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of 560 euros ($590).Jarvinen, a 37-year-old father of six, will receive the money no strings attached, in addition to his monthly child allowance benefits of 800 euros.The big difference compared to unemployment insurance is that if he finds a job he is free to earn as much money as he can, and it won't affect his universal basic income.The universal basic income scheme means jobless people will no longer have to report any earned income to the unemployment insurance bureau, thus reducing bureaucratic hassles.If rolled out nationwide, all Finns will automatically receive the universal basic income, but those earning proper salaries would in all likelihood see it taxed back.
FOLLOW THIS ARTICLE