Finland is giving about $600/month to 2,000 unemployed citizens.

Finland kicked off the
New Year by rolling
out a groundbreaking
trial that will give
some of its citizens a
universal basic
income,

in a bid to
reduce poverty and
increase employment.
Little over a year after
the Finnish
government first
announced its plan to
eventually replace
earnings-based social
insurance benefits
with a basic income,
the first unconditional
monthly payments of
€560 ($587) began on
Jan.1, reports the
Associated Press.
According to AP, 2,000
people, all currently
on unemployment
benefits, have been
chosen at random to
take part in a two-
year pilot trial. The
basic income will be
deducted from
participants’ existing
benefits payments.

Click to read full article at http://fortune.com/2017/01/03/finland-universal-basic-income-experiment/

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