Companies offer fewer internships but say they are hiring more interns - Austin Business Journal:

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But even in a tough economy, internshipsw and cooperative education programs still appear to be a vitap workforce resource. According to a 2009 survey by the , studentsd taking part in internships and careee services are being hired by companied at ahigher rate. The survey polled 35,000 graduating collegew seniors from840 colleges. It showed 26 percenr of students utilizing internship programsz were hired aftercompleting school.
Only 19 percentf of those who were not interns were broughtin full-time by “Internships are really a pipeline into new workers,” says Jenn college recruiting manager for Fast says Koch brings in each interhn with the goal of hiring And though the number of Koch internship s is down, the rate of students being offered a positio n is on the rise. Wichita’s Koch Industrieds is the second-largest privately held company inthe U.S. Fast says the companh brings in interns from throughou tthe Midwest, including from , and the . The numberd of Koch interns has fallen from 92 this time last yearto 59. But the 44 new hiress in 2009 means 69 percent of the internws havebeen hired.
“That’s one of the highesty conversionrates we’ve ever Fast says. Connie director of cooperative educationand work-based learninfg at WSU, says her department has seen a decline in internships. Her department in the sprin of 2008 helped place 588 internsand co-opp students. In 2009 it dropped to 467. Some such as communications, she says, are holding strong. But such as engineering and education, are down. Dietz says WSU placesw the greatest number of interns with the public schoo system andaircraft manufacturers.
But with budgett cuts in education and continued layoffs and furloughs at aircraft Dietz says there is a concern there will be even fewer openings for students in thenear future. Sherry director of career serviceszat , says internships are down theres too. Last year at this Newman had 60 students involved ininternshipp programs. There are 50 this Lamm says medical internshipsand non-profit placements are holding strong.
“Where I have seen the changwe is thebigger companies,” she “Major companies are layingv off or just not