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  • Internship and Co-op Hiring Make Gains in 2017

    May 17, 2017 | By NACE Staff

    Internships
    2017 interns wait for a job offer.

    TAGS: internships, hiring outlook, trends and predictions, surveys, spotlight, co_ops

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    Employers are projecting to hire 3.4 percent more interns and 6.3 percent more co-ops in 2017 than they did in 2016, marking the first year since 2013 that employers have reported positive hiring projections for interns, co-ops, and full-time, entry-level hires, according to NACE’s 2017 Internship & Co-op Survey.

    This shift somewhat stabilizes—at least for now—the trend in recent years that saw positive hiring projections for FT hires, while those for interns and co-ops decreased. (See Figure 1.)

    In 2017, the strongest hiring projections for interns were associated with employers with more than 20,000 employees (see Figure 2); the engineering services and utilities industries (see Figure 3); and employers in the Mid East region (see Figure 4).

    On the other hand, the weakest projections were associated with employers with 501 to 1,000 employees; the computer/electronics manufacturing and motor vehicle manufacturing industries; and employers in the Midwest region.

    Among respondents, 41 percent indicated that they would increase intern and/or co-op hiring in 2017; meanwhile, 42 percent indicated that they would maintain and 17 percent indicated that they would decrease hiring. These figures are consistent with those from last year’s survey, when 40.1 percent of respondents said they would increase intern and/or co-op hiring; 41.9 percent said they would maintain it; and 18 percent said they would decrease it.

    NACE’s 2017 Internship & Co-op Survey was conducted from November 21, 2016, to February 17, 2017, from NACE employer members; there were 276 respondents, representing 26.4 percent of all eligible respondents. NACE’s 2017 Internship & Co-op Survey report will be available later this spring.

    Figure 1: Hiring projections for interns, co-ops, and FT, entry-level hires: 2004-17

    Source: 2017 Internship & Co-op Survey, National Association of Colleges and Employers

    Figure 2: Hiring projections for interns, by company size

    Company Size % Change
    500 or less -3.2%
    501- 1,000 -17.2%
    1,001- 2,500 0.6%
    2,501- 5,000 2.8%
    5,001- 10,000 2.0%
    10,001- 20,000 -3.1%
    More than 20,000 6.6%
    Source: 2017 Internship & Co-op Survey, National Association of Colleges and Employers

    Figure 3: Hiring projections for interns, by industry

    Industry % Change
    Engineering Services 19.9%
    Utilities 15.7%
    Food/Beverage Manufacturing 13.0%
    Retail Trade 11.8%
    Construction 8.4%
    Transportation 8.3%
    Misc. Professional Services 7.8%
    Misc. Manufacturing 3.1%
    Chem./Pharmaceutical Manufacturing 2.4%
    Finance, Insurance, and Real Estate 1.9%
    Information -2.4%
    Motor Vehicle Manufacturing -10.3%
    Computer/Electronics Manufacturing -17.2%
    Source: 2017 Internship & Co-op Survey, National Association of Colleges and Employers

    Figure 4: Hiring projections for interns, by region

    Region % Change
    Mid East 20.3%
    New England 6.5%
    Southeast 5.6%
    West 1.5%
    Southwest -1.9%
    Midwest -5.5%
    Source: 2017 Internship & Co-op Survey, National Association of Colleges and Employers