The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.
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Contributors
Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.
C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.
John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.
Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.
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The Bureau of Labor Statistics on Friday released the latest data tracking the Class of 2007 – the nearly 3 million youth who graduated from high school between October 2006 and October 2007. Among the numbers, as of October:
• 67.2 percent were enrolled in colleges or universities. The college enrollment rates were 68.3 percent for young women and 66.1 percent for young men.
• Among recent high school graduates enrolled in college in October 2007, 93.2 percent were enrolled as full-time students.
• The proportion of the student population with a job or looking for work was 37.3 percent for full-time students and 72.7 percent for part-time students.
• About 64.1 percent of recent high school graduates enrolled in college were attending 4-year institutions. Of these students, 31.4 percent participated in the labor force; in contrast, 54.7 percent of students enrolled in 2-year institutions were the labor force.
• Between October 2006 and October 2007, 426,000 people between the ages of 16 and 24 dropped out of high school. Hispanics represented a disproportionately large share of dropouts at 27.9 percent.
• In October 2007, 21.1 million young people between the ages of 16 and 24, or 56.2 percent of the 16- to 24-year-old population, were either enrolled in high school (9.7 million) or in college (11.3 million).
• Among college students, the labor force participation rate for part-time students (85.3 percent) was higher than for full-time students (48.6 percent). Female college students were more likely to be in the labor force than male college students – 56.6 per-cent versus 51.0 percent.
