U.S. Federal Reserve Bank of Philadelphia (02/10/12)
The U.S. Federal Reserve Bank of Philadelphia’s first-quarter survey of professional forecasters has revised up the estimated job growth to average 144,100 per month in 2012. The previous forecast had estimated an average of 123,200 new jobs a month for the year. The U.S. unemployment rate for 2012 is now forecast to average 8.3%, down from the previous estimate of 8.8%.
Forecasters estimated growth in U.S. real gross domestic product for full-year 2012 at 2.3%, down from a previous estimate of 2.4%. Growth is projected to pick up through 2015 when forecasters estimate 3.1% growth.
From Gibraltar: Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.