Tag Archives: New York Federal Reserve

Don’t doubt the power of experience

Summer is here. For me and many other college students, that means transitioning our lifestyles from ā€œcollege kidā€ to ā€œintern.ā€

Having just finished my junior year at Indiana University, the stress of final exams is still fresh in my mind. Iā€™m an advocate of flashcards and all-nighters before the exam, so moving into a full-time internship is an adjustment. Itā€™s strange (but great) that when I get home at the end of the day, I donā€™t have to crack open a textbook.

A recent study by the New York Federal Reserve, however, makes me reevaluate some of those all-nighters, and makes me even more grateful for my internship experience thus far. Three economics professors from University of Wisconsin La Crosse, University of Pennsylvania and Auburn, respectively, sent out more than 5,000 fake resumes for online jobs to see what employers were really looking for when hiring graduates.

The results? Only …

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