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Are unpaid internships to blame for a failing economy
Anya Kamenetz believes that unpaid internships are sending the U.S. economy into the toilet: "...50,000 unpaid interns are employed full time for 12 weeks each summer at an average minimum wage of $5.15 an hour. That's a nearly $124 million yearly contribution to the welfare of corporate America." [Take This Internship and Shove It, May 30 06, NYT]
And this number doesn't include the countless law students who may elect to participate in internships or externships while in law school to get their foot in the door in a prestige industry.
On the other hand, many law students get paid thousands of dollars a week to do absolutely nothing all summer.
Related: ALF on Summmer Associates and WSJ on Golf, Meals and a Little Bit of Work
[tag "summer associates"]
Posted June 1, 2006 10:41 AM