If you put a lot of fiscal stimulus — particularly big personal income - tax cuts — if you put that on an economy that's
already at full employment, that's like putting a well - done steak on broil.»
The answer, I hear you cry, is internships. These are becoming the latest box that graduates need to tick in order for them to increase their employability and stand out from the other hundreds of applicants after the same job. According to the Higher Education Statistics Agency, 21.7 % of graduates in
full employment within six months of graduating were taken on by employees who had previously provided them with some form of work experience. It would appear that employers are less willing to gamble on a new recruit who may look fantastic on paper, instead choosing to take on someone who has
already experienced working
at the company and who therefore has a â $ œbasic grasp of workplace dynamicsâ $, according to a BBC article. In other words, the internship has become an â $ ˜extended interviewâ $ ™ whereby the intern has a chance to showcase their abilities and see if they fit into the company lifestyle.