Preliminary results from the Basic Income experiment in Finland has surfaced. On February 8th it was presented by Olli Kangas, scientific director of the study and Professor of Practice at the University of Turku. The experiment, in which 2000 people on unemployment benefits received an unconditional payout of €560 per month, lasted for two years.

The results, although preliminary, show no significant change in unemployment in comparison to control groups. However, at the end of the experiment, recipients of the Basic Income perceived their well-being as being better. There are no firm conclusions to be made regarding the overall effects of the programme.

‘Reliable evaluations of the effects of the experiment will be available when all the materials gathered have been analysed while taking into account the parameters that constituted a framework for the experiment. After that we can evaluate the possible effects of an introduction of a basic income in Finland’, says Olli Kangas.

‘The recipients of a basic income had less stress symptoms as well as less difficulties to concentrate and less health problems than the control group. They were also more confident in their future and in their ability to influence societal issues’, says Minna Ylikännö, Lead Researcher at Kela.