Six-figure workers hit by layoffs as growth stalls in top-tier roles, the economy’s backbone is cracking
Unemployment claims are climbing fastest for higher-income households. If white-collar stress builds, markets should brace for slower discretionary spending, a key driver for growth stocks tied to consumer demand. pic.twitter.com/uKpZZ4sNzN — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) August 16, 2025 A Bank of America Institute report shows higher-income households claiming unemployment benefits spiked between February and …