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Pests: Exterminators are in high demand

Pests: Exterminators are in high demand

Bugging out

Do you like to make things clean, don’t mind bugs or creepy crawlies and are looking for a career change? If so, you might want to consider joining the booming pest control industry in America.

Data from the Bureau of Labor Statistics reveals that, since the end of 2019, total employment for extermination and pest control services has risen more than 18%. That’s ~6x the growth of the wider economy, where US employment has ticked up just under 3%. That means there are now 152,000 “exterminators” across the nation.

Those jobs are likely to be fairly recession-resistant as well — the rationale being that pest control is likely one of the last areas people would consider skimping on. Longer term trends look favorable too. When evening temperatures go over 60-70 degrees, pests thrive. That’s why global warming, as well as net migration towards warmer southern states like Texas and Florida, will likely keep exterminators in business for a long time to come — and increasingly “pest-conscious” consumers won’t hurt either.

Rat czar

One high-profile star of the field is New York City's first "rat czar" — Kathleen Corradi. A former elementary school teacher, Corradi is the city's leading force against the rodent population, a tough position sweetened by a $155k salary to take on the ~2 million rats in the city.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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