2015 02 20_briefing 53- being born into a rich family gives people a headstart in their career_ib2015-no3

1. INEQUALITY BRIEFING
What does this mean?
Some people say that inequality of outcome is not a problem as long as everyone has the
same opportunity to succeed. But unequal outcomes cause unequal opportunities. Richer
families can support their children through unpaid internships, making it easier to get the
work experience necessary to establish a successful professional career. So wider inequality
creates bigger advantages for rich children, meaning it is more likely that they will go on to
dominate the best-paid professions.
Being born into a
rich family gives
people a head start
in their career
For sources and references see www.inequalitybriefing.org
AN UNPAID INTERNSHIP IN LONDON NOW REQUIRES
PRIVATE FUNDING OF ALMOST £1,000 A MONTH
£1000
£900
£800
£700
£600
£500
£400
£300
£200
£100
0
Manchester London
Monthly minimum cost of an unpaid internship
Paid
interns
Unpaid
interns
31% of graduate internships are unpaid