The number of people applying for unemployment benefits in the week ended May 9 dropped by 1,000 to 264,000, according to the U.S. Department of Labor. The 53 economists surveyed by Bloomberg had forecast claims of 273,000. The four-week moving average of new claims was the lowest since April 2000.
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.