Internships often serve as a smooth transition into the workforce for college students — but these openings appear to have been severely impacted by the COVID-19 crisis, reports Glassdoor.
The jobs and recruiting site reports that job openings on Glassdoor have dropped to 4.8 million as of April 6, a 20.5 percent decline in openings since March 9.
However, online internship openings on Glassdoor dropped to 30,806 as of April 13, a 52 percent drop since March 9, 2020.
The lockdowns are the great economic destroyer.
-RW
It's probably not helped by the complexity of DOL rules around when it's "OK" to take on unpaid interns.
ReplyDeleteConfirmed: My company was alerted by the U of Iowa business school that many business students had their internships canceled. My company, in turn, is hiring 2-3 as 1) quality students who were hired are now available and 2) the school also pays for >50% of their compensation. We're just a small business with 40 employees, but trying to see opportunities where we can.
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