Federal Reserve Bank of Philadelphia (02/15/13)
The 46 forecasters surveyed by the Federal Reserve Bank of Philadelphia expect the unemployment rate to average 7.7% this year, then decline to 7.2% in 2014, 6.7% in 2015, and 6.3% in 2016. They made upward revisions to their job growth estimates over the next four quarters, anticipating growth of 165,300 nonfarm jobs per month in the first quarter and 154,200 per month in the second quarter. For 2013, they anticipate an average monthly rate of 164,100 nonfarm jobs, rising to an average monthly rate of 176,800 next year.
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.