Bloomberg (03/13/15) Rich Miller
Although the number of jobs has increased, wages for U.S. manufacturing workers have not kept pace. Average hourly earnings for manufacturing industry employees rose 1.9% in 2014 after increasing 1.8% in 2013, according to the U.S. Department of Labor. However, the limited gains mean U.S. workers are more competitive compared with workers in China, where average urban wages rose 10.2% in the third quarter from a year earlier.
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.