UntitledPresident-elect Barack Obama has consistently been quoted as saying "the
economy will get worse before it gets better." Unfortunately, we don't know when
things will get better--weeks, months, years. While the recession affects
students in terms of student loans, they also stand at a pivotal point as they
begin to think about job searching amidst a recession.
A grim job outlook and an increase in unemployment now require college
students to do everything they can to ensure greater job security once they
graduate. Fortunately, students have four months to strategize how they're going
to get a job. Typically, the best bet is to intern as much as possible during
summer and winter breaks.
The National Association of Colleges discovered in 2007 that employers are
increasingly using internship programs to identify potential employees. In fact,
the survey concluded that nearly 70% of interns receive job offers from
internship employers.
As a result, more and more internships are becoming paid opportunities.
Employers are hoping to generate more interest in employee recruitment and
therefore interns who are more likely to further contribute to the company. In
2007, undergraduate and graduate interns were averaging hourly wages of $16.33
and $25.
The suffering economy should push students to act now while internships are
still readily available. In doing so, students not only ensure that they will
have a summer job opportunity but possible prospects after graduation.
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