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The Central Organization of Finnish Trade Unions (SAK) has spoke out against the Finnish government's basic income experiment. Since January the government has been paying stipends of $600/month to unemployed Finns. The SAK believes that such a policy will be a disincentive to Finnish workers.
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"We think it takes social policy in the wrong direction," said Ilkka Kaukoranta, chief economist of the Central Organization of Finnish Trade Unions (SAK), which has nearly 1 million members. Since January, a group of unemployed Finns aged between 25 and 58 have been receiving a stipend of 560 euros ($600) per month. The amount isn’t means-tested and is paid regardless of whether the recipient finds a job, starts a business or returns to school.
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