You're watching...

The Future of Internships: Paid or Unpaid?

Details

  • Description

    FBN's Rich Edson on President Obama's recent initiative to create summer job and internship opportunities for youth, and the confusion over intern pra...

  • Duration 1:48
  • Date

Clips

Also in this playlist...

College Planning

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

-- program the White House is -- businesses and it turns questioning the future of unpaid internship.

-- Jetsons gonna help us negative fallout from Washington rich.

-- -- you know the White House has recently announced an initiative to help young job seekers find work and internships all part.

Of the administration's initiative to highlight what it's doing to create jobs against what it says congress is not doing.

The president has set a goal of reaching 250000.

Employment opportunities by the start of summer.

At least 100000 which will be placements and paid jobs and internships.

This is less than a year after the administration put for profit companies on notice regarding -- practices in April.

A Department of Labor official told the New York Times that with for profit companies there aren't going to be many circumstances where you can have an intern ship.

And not be paid and still be in compliance with the law.

With that the administration released guidance to businesses detailing what interns can do without receiving payment.

A Labor Department official says this was all just a reminder to businesses to comply with -- establish law.

And the White House -- announcement encourages companies to bring on interns in compliance with that -- still.

One labor attorney says business -- -- clients are unclear about the rules because of the administration's comments that few companies are actually following federal law.

With their current intern programs the attorneys say businesses are now waiting for the federal court system to interpret the rules.

And are watching one case to interns are suing fox searchlight it's owned by news corporates the parent.

Of this -- about Fox Business this company.

So as the administration looks to grow the ranks of in terms Charles it is a practice would be very uncertain future.

And really does sound uncertain and it sounds unfortunate too rich ads in Washington thank you very much of --