Internships are now the entry-level. An ever-growing internship market means more young people are fleshing out their resumes before they even leave university.
This fact impacts the entry-level job market on multiple fronts.
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A recent analysis of close to 4 million jobs posted on LinkedIn since late 2017 showed that 35% of postings for “entry-level” positions asked for years of prior relevant work experience.
That requirement was even more common in certain industries. More than 60% of listings for entry-level software and IT Services jobs, for instance, required three or more years of experience. In short, it seems entry-level jobs aren’t for people just entering the workforce at all.
It’s not only internships that have replaced the entry-level job. Many of them have been eliminated over recent decades as tools and technologies are introduced to do the same work – without the paycheck.
What’s left at the “entry-level”, then, are often jobs that require more interpersonal communication, higher-level responsibilities or consumer-facing roles, which many companies are reluctant to trust to a newly-minted graduate.
Online applications can take hours of candidates' time when applying for a job. While some firms are moving away from these online systems, many companies move towards them.
A recent survey states that 73% of businesses of all sizes use talent acquisition software to source, track, analyse, and onboard new recruits. 99% of the US Fortune 500 companies use applicant tracking system (ATS) providers, allowing them to customise questions and set filters, and automate the bulk of the filtering labour.
Most of us, especially teachers, often assume that when students from low-income communities go to school, study well, and graduate, they’re likely to be on the road to economic mobility. That’s not always true.
We don’t account for behind-the-scenes coaching and development opportunities that young people from high-income families get. This looks like the dinner table conversations with parents, a career coach to figure out what college to apply to, or a family friend who can connect you with the right people for your first internship.
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