Access to detailed and comprehensive administrative data has opened up the possibility to pursue continuous, systematic, and more refined assessments of the effects of applied learning. However, most studies using such data have not examined the effects of applied learning on retention, graduation, and labor market outcomes. To better judge the feasibility of using administrative data to measure such effects, the authors conducted a pilot study of the effects of internships -- one form of applied learning -- at one SUNY campus. Working with experienced analysts in the field and New York State Department of Labor (NYSDOL) staff, as well as SUNY officials and administrators at the SUNY campus participating in this pilot study, they identified and addressed a range of design, measurement, and implementation matters. Findings and conclusions concerning the effects of internships on academic success (retention and graduation) are presented in the main report, "Applied Work-Based Learning at the State University of New York: Situating SUNY Works and Studying Effects" (see ED605765). In this supplement, the authors report indings on the feasibility of using extant academic unit records linked to NYSDOL Unemployment Insurance (UI) wage records to estimate the effects of internships on employment outcomes. Findings are presented and discussed, with due attention to the constraints of the pilot study itself and considerations in interpretation. Overall they find that the effects of internships on employment outcomes can be estimated with linked administrative academic-wage records. However, there are important design, measurement, and implementation considerations that limit the measures available and the strength and usefulness of the findings. [The Nelson A. Rockefeller Institute of Government is the public policy research arm of the State University of New York (SUNY).]