Employers turning to Co-ops/Internships?

Chris Pratt kindly sent this out on our CEIA listserve, referencing a NY Times piece, Recession Could Boost Co-Op Education which says

The recession could give new life to co-operative education," as
"cautious employers 'increasingly see that hiring a co-op graduate is a good strategy, since they know they are getting someone with experience,'" according to Paul Stonely, president of the National Commission for Cooperative Education (NCCE). . . According to NCCE data, "Nationally, 95 percent of co-op students that participate in co-operative education have a job when they graduate," and "more than 60 percent accept permanent jobs from the employers for whom they worked while in school." Companies, meanwhile, also benefit monetarily "because co-op employees do not receive health insurance or other benefits.

Structured internship programs may be similar. Stay tuned.

Photo by madebytess