Published: 8th Feb 2019

A ground-breaking trial to test the idea of giving everyone a universal basic income (UBI) has found it boosted mental health, but not employment. The two-year trial, which ended in December, saw the government in Finland pay 2,000 randomly-selected unemployed people a monthly income of €560 (around £490) with no-strings attached. Their experiences were then compared with a control group of 5,000 people who received state benefits instead. According to the preliminary results, those on a basic income were no better or worse than the control group at finding employment in the open labour market. The results found the recipients of a basic income had on average 0.5 days more in employment than the control group. The average number of days in employment during the year was 49.64 days for the recipients of a basic income and 49.25 for the control group. But the results also revealed that those on … (To read the full article, subscribe below)