Conference Board News Release (06/04/12)
The Conference Board Employment Trends Index increased 0.29% in May to 108.34, up from the revised figure of 108.03 in April. The May figure is 7.6% higher than a year ago. “While growth in employment has slowed significantly in recent months, the Employment Trends Index does not signal further slowing in the coming months,” says Gad Levanon, Director of Macroeconomic Research at the Conference Board. “Employers have been very cautious in hiring in the past two months, but at the moment, economic activity in the U.S. is just strong enough to require a modestly growing work force.”
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.