I'm a basic. Going to the paramedic status entails considerable more training. But, as a basic, yes... getting employement is usually easy - it's in high demand (mostly 'cuz you get paid so little). I thought it was a great experience...
Mostly you do nonemergency transfers, including a lot of phych transfers. Depending on your duty that day, or your company, etc, you can assist with medics for emergencies (i.e. 911 calls). I had the opportunity to perform CPR a few times in the four months of working as a basic.
Obviously, as a basic, you have virtually no pharmalogical training. If you become an intermediate, depending on the country you're in, you can work with a paramedic on an emergency (i.e. not a non-emergency transfer ambulance) ambulance... but you'll only do medical stuff at the scene 'cuz the medic will always be in charge of the patient.
my recommendation - it seems you're accepted to medical school? anyway, forget the EMT thing if that's the case and do something more fun with your life, jeez!
If you're hoping to use it as a boost to your application, it's a great idea and experience. I think i really found myself in the medical arena working as a basic.
it's also a lot of fun driving lights and sirens 😉