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☆ October jobs report: Employers keep hiring, but unemployment rises
▼ + stars: | 2022-11-04 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

The report shows employers added 261,000 jobs in October and the unemployment rate rose to 3.7% from 3.5% in September. The unemployment rate is calculated using a separate survey of households rather than the employer survey used to count workers on the job. The higher-than-expected unemployment rate is also still low by historical standards — September’s 3.5% reading matched a half-century low. “Obviously, 261,000 jobs is great,” he told CNN in an interview Friday morning after the jobs report. But he acknowledged that even with the strong labor market, it’s high prices, not jobs, on the minds of most Americans.

☆ First on CNN: Senate Democrat warns Fed it’s ‘foolish’ to keep lifting interest rates
▼ + stars: | 2022-10-27 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

But the concern is the Fed is doing too much too soon,” Hickenlooper wrote in a letter on Thursday to Fed Chairman Jerome Powell. In a bid to get inflation under control, the Fed has raised interest rates more rapidly than at any point since the early 1980s under legendary Fed chairman Paul Volcker. “I write to urge the Federal Reserve to pause and seriously consider the negative consequences of again raising interest rates,” Hickenlooper wrote, adding that families have been stung by surging borrowing costs for homes and cars. “Will raising interest rates lead to more oil, lower prices of oil, more food, lower prices of food? Former President Donald Trump repeatedly slammed Powell — his handpicked Fed chairman — for raising interest rates and shrinking the Fed’s balance sheet.

☆ America's 'Zoomtowns' are running out of water
▼ + stars: | 2022-10-24 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +11 min

Remote workers aren't just driving up housing prices but also adding more of a burden to already water-strapped regions. Running out of waterAmerica's water crisis, which has been bubbling for years, has become dire. The lack of fresh snow means that less water makes its way into the river and its massive reservoirs — Lake Mead and Lake Powell — upon which the region depends for water. They found that statewide COVID-19 stay-at-home orders triggered "significant increases" in residential water consumption — a trend the researchers attributed, in large part, to remote workers. While population growth does increase water usage, it's (pardon the pun) a drop in the bucket of the bigger-picture crisis.

☆ A 29-year-old videographer gets paid to travel the world with the wealthy elite, documenting their wild adventures so they don't have to. Here's what it's like.
▼ + stars: | 2022-05-26 | by ( Mark Ellwood | ) www.businessinsider.com time to read: +10 min

Ian Agrimis is the founder of photography and video company Capture Unlimited. He has to remain unnoticed and does activities like cliff jumping before clients do to get the shot. He was there for two years, he told Insider, before he and his entire team were laid off. He keeps a tight team on-site, he said, often pairing up with a photographer while he focuses on video. When someone does occasionally ask for a still or a shorter video, he added, it will only be posted on a private Instagram account.

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