Hiring for Internships Drops 3.4%

Competition for internships may become that much tougher, as some employers are reducing their hires for these positions.  Learn more in the following post.

While employers plan to hire 1.3% more bachelor’s-degree level interns in 2014 than they did a year ago, overall intern hiring will fall 3.4% in 2014 from last year, according to results of a new survey by the National Association of Colleges and Employers (NACE).

NACE’s 2014 Internship & Co-op Survey found that nearly 97% of responding employers plan to hire interns during 2014. However, despite the increase at the bachelor’s-degree level, cutbacks in internships among associate, master’s, and doctoral-degree students account for the overall drop.

Still, employers in several industries do plan to hire significantly more interns in 2014, including those in miscellaneous professional services; accounting services; retail trade; food and beverage manufacturing; information; and finance, insurance, and real estate.

Figure 2: Intern hiring, 2013 vs. 2014, by degree level