Wall Street Journal (03/18/13) Ben Leubsdorf
Officials at the U.S. Federal Reserve now believe that the U.S. economy is not at full employment after lowering their estimate of the longer-run jobless rate to a range between 5.0% and 5.2%. They had previously projected a longer-run unemployment rate between 5.2% and 5.5%. Inflation could become an issue if the Fed tries to push the overall unemployment rate—which hit 5.5% last month—any lower. Still, projections released yesterday have the unemployment rate falling to 5.0% to 5.2% in the fourth quarter of 2015, and declining a bit further in 2016 and 2017.
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.