Social Security Cuts Impact Incomes
This is a news story, published by Yle News, that relates primarily to Finnish Institute for Health and Welfare news.
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unemployed householdsYle News
•Business
Business & Economics
THL: Government cuts shrink unemployed households' income by 20%
79% Informative
Finnish Institute for Health and Welfare ( THL ) examined impact of social security cuts on income of recipients of basic security in 2024-25 .
Dispospositon income of unemployed households has fallen by approximately 20 percent compared to five years ago .
The main culprits are cuts in housing allowances and the elimination of child allowances for unemployment benefits.
VR Score
87
Informative language
91
Neutral language
79
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formal
Language
English
Language complexity
72
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short-lived
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