Free Money Didn’t Help People Find Jobs\, Finland Says

Free Money Didn’t Help People Find Jobs, Finland Says

(Bloomberg) -- Finland’s nationwide basic income study failed to boost employment among the jobless people who received the money, according to preliminary results published in Helsinki on Friday.

The well-being of participants was higher than that of the control group, the social insurance institution Kela and the Ministry of Social Affairs and Health said in a statement. The results of the two-year study are preliminary and based on only the first year of the experiment, and no final conclusions can be drawn, the authorities said.

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