NFIB News Release (06/10/14)
The National Federation of Independent Business’ Optimism Index increased 1.4 points in May to 96.6, the highest reading since September 2007 and the third consecutive increase. The reading is still relatively low, and similar positive markers earlier in the recovery have failed to materialize. Employment rose in May a seasonally adjusted average of 0.11 workers per firm, the eighth positive month in a row and the best string of gains since 2006.
The remaining 77% of owners made no net change in employment. Fifty-five percent of the owners hired or tried to hire in the last three months, and 46% reported few or no qualified applicants for open positions.
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.