Why unpaid internships continue to exist in corporate America
Internship experience can significantly boost your chances of landing your first job. The problem? A significant number of internships in the U.S. are still unpaid. In 2021, nearly 50% of internships were unpaid, according to a survey by the National Association of Colleges and Employers. These types of internships have proven to further inequity, giving opportunities to a select few while isolating others. So why are unpaid internships still so prevalent in our workforce today?
CNBC Make It spoke to Joshua Kahn, assistant director of research at the National Association of Colleges and Employers, to find out.