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LISTEN: High Income Earners File for Unemployment

byJeff Sloan
May 8, 2023

An estimate of 113,793 unemployment claims were filed by Americans earning over $200,000 – the highest level since the pandemic.

“Fundstrat expects the Fed to raise rates by 25 basis points next week but considers it a ‘dovish hike,’ saying the Fed will have more breathing room to allow for easing financial conditions due to a surge in unemployment claims from high-income workers,” Insider’s Matthew Fox reports.

Also Read: How The Federal Reserve Hiking Interest Rates Affects Your Startup

Listen more below:

Tune in to News/Talk 760 AM WJR weekday mornings at 5 a.m. for The Pre W. Smith Show. Listeners outside of the Detroit area can listen live HERE.

Author
Jeff Sloan
Jeff Sloan is a visionary and entrepreneurial expert with a proficiency in creating and developing early stage companies. With over 30 years of experience, Jeff has truly lived the entrepreneurial journey and is dedicated to helping others realize their potential by bringing their ideas to life. Jeff serves as founder and CEO of StartupNation LLC., a multi-media company that provides educational and inspirational resources to aspiring entrepreneurs and existing small business owners. In his leading role with StartupNation, Jeff hosts the award-winning StartupNation Radio show on WJR AM 760 in Detroit, which has aired since 2004 in over 85 markets nationally. Jeff also hosts the daily WJR “Business Beat” segment live on air during the morning drive prime-time programming, in which he spotlights subject matter of interest to the entrepreneurial, startup and tech community.
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