Many employers in today’s business environment have had to make do with fewer employees to meet the constraints of smaller budgets. As the economy shows signs of rebounding, many companies face pressure to grow their business in spite of a lack of resources to support increased hiring. At the same time, competition for entry-level professional jobs, especially among recent college graduates, has become fierce. Many unemployed professionals see working for free as a way to build their resumes, gain experience, get their feet in the door, and stay current in their field. Both groups – employers and those seeking work – have increasingly turned to unpaid internships to provide educated and eager help for employers and opportunities for those in the entry-level job market.
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Tags: Department of Labor, Fair Labor Standards Act, Internships