Employment Trend: Intern First, Then Full-Time Hire

Increasingly, employers are looking to their internship programs to find new employees, according to results of a new survey conducted by the National Association of Colleges and Employers (NACE).

Results of NACE’s 2008 Experiential Education Survey show that emphasis on hiring from the intern program is growing. Employers reported that nearly 36 percent of the new college graduates they hired from the Class of 2007 came from their own internship programs, up from 30 percent from the Class of 2005.

In addition, “more interns are getting offers of full-time employment,” says Marilyn Mackes, NACE executive director. “Currently, employers say they extended job offers to nearly 70 percent of their interns; in 2001, they offered jobs to 57 percent.”

The trend toward using the internship program to feed hiring is fueled, in part, by employer satisfaction with interns and internship programs. “Nearly 90 percent of employers who use their programs to hire say they are very or extremely satisfied with their interns, and employers consistently name the internship program as one of the most effective tools they have for hiring new college graduates,” says Mackes. “Employers see results with these programs.”
Survey findings also indicate that interns who become full-time hires are more likely to stick with the organization than their co-workers who didn’t go through the program: More than one-third of employers (37.3 percent) reported higher retention among those converted from intern to employee within the first year of hire, and nearly half (48.8 percent) said former interns had higher retention five years after hire.

Not surprisingly, employers expect to add to their intern numbers this year: Respondents project a 3.7 percent increase in the number of interns they bring on in 2007-08, building their pool of potential full-time hires for next year.

About the NACE 2008 Experiential Education Survey: The NACE 2008 Experiential Education Survey was conducted from November 21, 2007, through January 11, 2008. Surveys were provided to 1,189 NACE employers members; 311, or 26.2 percent, responded. www.naceweb.org

Peoria County, Illinois 2006 Workforce Article

Contributed by Matt

In Peoria County, Illinois, the total employment throughout all industries has increased by 3.5%, or 3,475 jobs, from 2001 to 2006. From the 140 3-digit NAICS industries, 21 did not experience any change, 55 reported job growth in the duration of the last five years, and 64 industry sectors reported declines during the time period.

Of the industries (3-digit NAICS) in the area, the Professional and technical services industry has brought the most jobs with a total of 7,570 total jobs brought in during the period. The growth in Professional and technical services makes up
3.8% percent of the growth in Peoria County, Illinois.

Top Growing Industries:
1. Professional and technical services (7,570 new jobs)
2. Executive, legislative and general government (2,313 new jobs)
3. Credit intermediation and related activities (1,608 new jobs)
4. Hospitals (1,357 new jobs)
5. Administrative and support services (671 new jobs)

From of the area's 3-digit NAICS industries, the Food services and drinking places industry faced the greatest employment loss with a total loss of 1011 jobs. The declines in Food services and drinking places makes up 2.9% percent of the total job loss in Peoria County, Illinois.

Top Declining Industries:
1. Food services and drinking places (1011 jobs lost)
2. Postal service (636 jobs lost)
3. Nursing and residential care facilities (386 jobs lost)
4. Support activities for transportation (273 jobs lost)
5. Fabricated metal product manufacturing (233 jobs lost)

eCanned - The Economy in a Can
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Trade Assistance Adjustment for Firms

What is Trade Adjustment Assistance?
Trade Adjustment Assistance (TAA) is a U.S. Department of Commerce program designed for manufacturers adversely affected by imports. This program offers 50/50 cost sharing of projects aimed at improving a firm's competitive position, up to a total of $150,000 in projects with a maximum TAA cost share of $75,000. The amount the program can costshare is dependent upon the demand on program, funding level and company size and sales. Funds are applied toward the cost of consultants, engineers, or other outside professional service providers a firm chooses to implement projects such as:

MANUFACTURING

• ISO/QS 9000 Preparation & Registration
• Quality Assurance
• Product Development, Design & Testing
• Product Certification (CE Mark, UL etc)
• Operations Analysis
• Manufacturing Technology Review
• Productivity Improvement
• Process Engineering
• CAD/CAM Selection & Implementation

MARKETING

• Market Research
• Marketing & Sales Strategy
• Advertising/Sales Promotion/Brochure Design
• Web Site Design
• Distribution Analysis & Development
• Distributor & Sales Representative Search
• Export Development

INFORMATION TECHNOLOGY

• Hardware/Software
• System Conversion & Enhancements
• Custom Programming
• Integrated Manufacturing Systems
• E-Commerce

FINANCIAL AND GENERAL MANAGEMENT

• Profit Planning/Cash Management/Budgeting
• Debt Restructuring
• Cost Management
• Quality Management
• Strategic Planning
• Expansion, Diversification & Executive Search
• Succession Planning

What are the eligibility requirements for Trade Adjustment Assistance?

To qualify, a manufacturing firm must have lost some domestic business to imports, and experienced sales and employment declines over the last two years.

How does a firm apply?

Interested firms should contact their local Trade Adjustment Center (TAAC) to get started. A TAAC professional will initially assess the eligibility and prepare an application on a firm's behalf. To find the nearest TAAC and more information, visit www.taacenters.og