Saw this in my LinkedIn feed.
Finland is ending its universal basic income experiment, in which it offered 2,000 randomly chosen unemployed people $685 a month to spend as they liked, reports The New York Times. The Finnish government launched the program hoping it would “send more people into the job market to revive a weak economy,” says The Times. The Nordic country has now moved in the other direction, implementing rules that will cut benefits for unemployed people who are not actively pursuing work.
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