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Economic insecurity has had a major impact on employees; however, much less is known about its relationship to the expectations of individuals as they prepare to enter the full‐time professional workplace. This study aims to focuss on relationships between negative workplace information and emotional support communicated by social networks and the development of undergraduates' pre‐employment schemas.

A survey of university upperclassman was conducted, resulting in a sample of 153 participants. Correlations and linear regressions were used to test hypotheses.

Results indicated that the emotional support undergraduates receive from parents and employed friends is more strongly related to their workplace expectations than the specific information they receive regarding downsizing, the faltering economy, and job insecurity.

Data were collected using self‐report surveys. Future research should examine “non‐traditional” undergraduates who may have greater work experience and exposure to the workplace. Further exploration of work‐related discussion content, and whether it differs across cultures, is also warranted.

This study offers insight into the relationship between interpersonal discussions about the workplace ‐ and specifically emotional support during those discussions – to undergraduates' pre‐employment schemas. Study results contribute uniquely to the socialization literature by confirming the crucial role of friends as sources of information and emotional support during later stages of the anticipatory socialization process.

Linkages between downsizing, job insecurity, and negative employee outcomes have been established, but little is known about the impact they have on interns who observe them. This article aims to examine the relationship between interns' exposure to downsizing and job insecurity and their ongoing workplace perceptions and expectations.

Two studies analyze the negative workplace experiences that influence interns' vocational socialization and pre‐employment schemata. Study 1 surveyed 96 students interning in the United States and Australia, and Study 2 surveyed 100 interns in the United States. Linear regressions were used to test hypotheses.

Study 1 reveals that interns at organizations with low employee morale, previous downsizing, and job insecurity are pessimistic about the organization in which they interned and the typical organizational culture. Study 2 indicates that interns exposed to job insecurity expect less trust and support in future employment relationships.

Data were collected using self‐report surveys, and may also reflect a uniquely American perspective. Future research should be conducted in additional locations, utilizing a longitudinal approach and various data collection methods.

These studies provide insight into the influence negative internship experiences may have on interns' future workplace and job expectations.