Wall Street Journal (02/07/13) Eric Morath; Sarah Portlock
The number of U.S. employees submitting first-time applications for jobless benefits declined last week by 5,000 to a seasonally adjusted 366,000, according to the U.S. Department of Labor. The four-week moving average, which smoothes out volatility, declined by 2,250 to 350,500. The last time the average level of claims was this low was March 2008, suggesting a modestly improving labor market.
Exclusive Guide From Gibraltar—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.