Washington Post (04/08/13) Lisa Rein
Unemployment benefits for almost two million out-of-work Americans are being reduced by 11% this fiscal year as a result of the ongoing sequester. A report from the Pew Charitable Trusts highlights the sequester’s effect on unemployment insurance. As of early March, 1.8 million workers—or 15% of the total number of unemployed Americans—received insurance benefits that are completely federally funded. The potential impact in each varies because the percentage of the work force receiving benefits ranges from a high of about 3.1% in Alaska to less than 0.1% in South Dakota, the report says.
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.