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Are Internships Making the Job Market Worse?
By Dennis Wyman on August 31, 2009 2:28 AM | Permalink | 2 Comments
While we all know this is a tough job market, according to the Boston Globe, for every available job opening there are six unemployed people, with the unemployment rate in my resident Massachusetts up to 8.8%. (Nationwide figures are even higher, at 9.4%, the highest it has been since 1983.) This is versus a 7.6% nationwide unemployment rate at the start of the year when I was doing my internship.
However, it has seemed to me lately that the popularity of internships has literally skyrocketed as well, especially in terms of media coverage. The aforementioned Boston Globe article does mention more people taking up internships; not just college students, but also people in established careers who are just pissing time while waiting for a new paycheck. Which got me to thinking...
Continue reading Are Internships Making the Job Market Worse?.
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