Starting 2012 on a bright note for interns and graduating seniors

January 23, 2012 at 8:25 am | Posted in Job market | Leave a comment
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Coach Susan Sandberg

Susan Sandberg

The labor market continues to improve. The U.S. added 200,000 jobs in December, while the unemployment rate fell to 8.5%, the lowest rate since February 2009. The picture improves for internships, too, as new trends emerge in 2012. More and more internships are being paid, more internships are leading to jobs, and new innovative strategies generate more internships.

Here’s how:

  • Paid internships:  The Chicago Transit Authority offers a full-time, paid internship in Technology & Resource Management. It provides seniors or graduate students with hands-on, real-world experience, enabling interns to integrate and utilize knowledge and skills from the classroom and to discover where further competencies are needed. Major: Technology, Management, Tele-Communication (Communication Engineering), Business, Finance, Planning, Policy. Here’s a promising internship found on for Commodity Trader at Norman International in Houston, TX. There are 5 full-time, paid positions at Norman, a privately held energy company with a portfolio of competitive and regulated energy subsidiaries.  Interns will market a portfolio of petroleum and natural gas derivatives to maximize sales revenues, work with a range of clients, develop service and maintain a book of clients in the energy industry. Suggest that your students browse through the thousands of listings to find other paid internships.
  • Internships into jobs:  President Obama on Dec. 31 signed a bill that seeks to encourage federal agencies to hire more interns into full-time jobs. The Federal Internship Improvement Act, which was attached to the National Defense Authorization Act, requires the Office of Personnel Management to create and maintain a centralized database of people who have finished, or are just about to finish, internships with federal agencies and are looking for full-time federal jobs. That database will contain job seekers’ names, contact information and relevant skills. The amendment also requires agencies to appoint an internship coordinator, and to conduct exit interviews and surveys with outgoing interns. Agencies will be required to send a report on how many interns took part in an internship program over the last year along with demographic and educational material. Those reports also must describe the work interns did, how the internship programs used mentors, and how agencies are recruiting new interns and taking steps to offer more interns permanent federal jobs.
  • Innovative Strategy: A pro-active professor at Ivy Tech in Indiana utilizes the local media to help his students find internships. He recently wrote an article promoting Ivy Tech students as excellent internship material and asking businesses to contact him to arrange internships consisting of 144 flexible hours of accounting or similar work. He also listed the students’ education and skills. “Any type of business with some in-house accounting is ideal for our interns and can be a great asset to your business. We have had students work in local CPA firms, banks, multiple for profit business, hospitals and municipal government centers.” He ended the piece with a clear call for action. “Please help our students obtain this important piece of their education by offering internships. If you’d like more information or would be willing to interview students for potential internships anywhere in East Central Indiana, contact Kevin Veneskey, CPA, accounting.

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