Why the Housing Market Is Still Stalling the Economy

[DEAD7]

How so??

Spoiler

According to The Department of Labor, the following six legal criteria must be applied when making a determination if an internship is required to be paid.

1. The internship, even though it includes actual operation of the facilities of the employer, is similar to training which would be given in an educational environment.
2. The internship experience is for the benefit of the intern.
3. The intern does not displace regular employees, but works under close supervision of existing staff.
4. The employer that provides the training derives no immediate advantage from the activities of the intern; and on occasion its operations may actually be impeded.
5. The intern is not necessarily entitled to a job at the conclusion of the internship.
6. The employer and the intern understand that the intern is not entitled to wages for the time spent in the internship.

^ These are a few of the internship laws turned up by a quick google search.


Rather than give a drawn out explanation of what I'm referring to, let me put it like this; You would allow your employer to "exploit" you for free or dirt cheap, in return for training. Training that you could use to acquire a paying position or even compete against the person who trained you.

 

[DEAD7]

What are you talking about then? Give us an example.

Unregulated internships. Plain and simple.

 

[Yapdatfool]

Spoiler

According to The Department of Labor, the following six legal criteria must be applied when making a determination if an internship is required to be paid.

1. The internship, even though it includes actual operation of the facilities of the employer, is similar to training which would be given in an educational environment.
2. The internship experience is for the benefit of the intern.
3. The intern does not displace regular employees, but works under close supervision of existing staff.
4. The employer that provides the training derives no immediate advantage from the activities of the intern; and on occasion its operations may actually be impeded.
5. The intern is not necessarily entitled to a job at the conclusion of the internship.
6. The employer and the intern understand that the intern is not entitled to wages for the time spent in the internship.

^ These are a few of the internship laws turned up by a quick google search.


Rather than give a drawn out explanation of what I'm referring to, let me put it like this; You would allow your employer to "exploit" you for free or dirt cheap, in return for training. Training that you could use to acquire a paying position or even compete against the person who trained you.

How can having unregulated internships change the 'exploitation' as you say?

 

[DEAD7]

How can having unregulated internships change the 'exploitation' as you say?

No this "exploitation" is a good thing... it allows people with "nothing" to learn a trade and possibly acquire "something" with drive/desire being the only prerequisite.

 

[TLR Is Mental Poison]

Unregulated internships. Plain and simple.

When were "unregulated internships" a normal thing? What industries were they prevalent in? What companies used them?

 

[88m3]

No this "exploitation" is a good thing... it allows people with "nothing" to learn a trade and possibly acquire "something" with drive/desire being the only prerequisite.

Yeah it's doing marvels for the gdp and growth.

 

[DEAD7]

Link me to something documenting this era when men would work for free for a chance to learn something

What I'm referring to is apprenticeships before 1934 when the National Apprenticeship Act was passed.
National Apprenticeship Act - Wikipedia, the free encyclopedia

 

[DEAD7]

When were "unregulated internships" a normal thing? What industries were they prevalent in? What companies used them?

Apprenticeships/OJT is the oldest form of training... not sure your serious with the who used them and when were they prevalent questions. In fact there was a time when it was all that was used...

 

[DEAD7]

We will just have to agree to disagree on this

 

[DEAD7]

Yeah it's doing marvels for the gdp and growth.

 

[88m3]

Post smiles when you have nothing to say, Brehs.

 

[DEAD7]

Post smiles when you have nothing to say, Brehs.

 

[DEAD7]

Yeah it's doing marvels for the gdp and growth.

I wasnt referring to anything going on today.

 

[TLR Is Mental Poison]

What I'm referring to is apprenticeships before 1934 when the National Apprenticeship Act was passed.
National Apprenticeship Act - Wikipedia, the free encyclopedia

Apprenticeships have always been (and still are) paid beyond the transfer of knowledge to the apprentice

Apprenticeship - Wikipedia, the free encyclopedia

A master craftsman was entitled to employ young people as an inexpensive form of labour in exchange for providing food, lodging and formal training in the craft.

And here are the only regulations that have to do with interns:

Let's Get Legal: Guidelines for Paid or Unpaid Internships - Fastweb

The following six standards* must be met in order to establish that an intern qualifies to work unpaid:

1. The internship, even though it includes actual operation of the facilities of the employer, is similar training which would be given in an educational environment;

2. The internship experience is for the benefit of the intern;

3. The intern does not displace regular employees, but works under close supervision of existing staff;

4. The employer that provides the training derives no immediate advantage from the activities of the intern; and on occasion its operations may actually be impeded;

5. The intern is not necessarily entitled to a job at the conclusion of the internship; and

6. The employer and the intern understand that the intern is not entitled to wages for the time spent in the internship.

Which of these regulations prevents "young men to enter industries for little to no pay simply to "learn the business""?

 

[TLR Is Mental Poison]

We will just have to agree to disagree on this

We would agree if you formed your opinions from things in reality rather than increasingly goofy and baseless right wing talking points

Apprenticeships have always been paid, period. Internships enable young people to enter and learn an industry at next to no cost to employers, period. Pretty much everything you've said here is wrong, as usual.