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ERIC Number: ED505611
Record Type: Non-Journal
Publication Date: 2009-Mar
Pages: 4
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Lasting Connections: Using Internships to Retain Recent College Graduates in New England. Policy Brief 09-3
Sasser, Alicia
Federal Reserve Bank of Boston
The skilled labor force of the future (recent college graduates, or individuals aged 22 to 27 with a bachelor's degree or higher) is growing more slowly in New England than in the rest of the United States. Since 2000, this group has expanded by less than 9 percent in New England, roughly half the overall U.S. increase. The author suggests that there are tangible steps that states can take in the near term to address students' concerns about finding employment, and thus retain more recent college graduates. Surveys reveal that these graduates leave New England primarily for employment opportunities, and that many are unfamiliar with or have misperceptions about the local job market. Internships can help educate students about local job opportunities, give firms a vehicle for identifying new talent, and enhance the reputation of the region's colleges and universities. Efforts to brand New England as a place to "work, play, and stay" can also make recent college graduates more aware of the region's job opportunities and recreational amenities. The Federal Reserve Bank of Boston and the Greater Boston Chamber of Commerce have begun to explore ways to use internships more effectively to expose college students to job opportunities and other attractions of the Boston area. This initiative may provide a model for the region, and shed light on how it can better meet employers' need for educated workers. [This policy brief describes findings from "The Future of the Skilled Labor Force in New England: The Supply of Recent College Graduates" (Alicia C. Sasser.)]
Federal Reserve Bank of Boston. P.O. Box 55882, Boston, MA 02205. Tel: 617-973-3000; Tel: 617-973-3397; e-mail: boston.library@bos.frb.org; Web site: http://www.bos.frb.org/
Publication Type: Collected Works - Serial; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Federal Reserve Bank of Boston, MA.