Job Market Holds Steady in October
Employers boosted payrolls by a solid 166,000 in October, the most in five months, an encouraging sign that the job market is holding up well despite the housing slump and credit crunch. The Labor Department's report also showed that the unemployment rate held steady at 4.7% for the second consecutive month. Job gains were recorded for professional and business services, education and health care, leisure and hospitality, and for the government. Those gains offset jobs losses in manufacturing, construction and retail -- casualties of the problems plaguing the housing market. In addition, the government report said average hourly earnings rose to $17.58 in October, a modest 0.2% increase from September. Over the past 12 months, wages have gone up 3.8%.
Return to:
Factoring, Credit and
Economy News
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Charter Capital services many industries. Here are just a few of the industries
we are currently financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get cash
with Freight Factoring from Charter Capital. We purchase your Freight Invoices
and fund you within 24 hours, so you don't have to wait to get paid.
Staffing Firms
We can help you grow your staffing company with unlimited payroll funding ,
whether you're a start up or a multi-million dollar
temp-staffing agency. Our
clients provide staffing for various industries including Professional, Office
Services, Medical, and Manufacturing.
Security Firms
Demand for security services in the USA is on the rise. Be financially prepared
to gain your share with a FactorLine facility only from Charter Capital.
Manufacturing
If your business is a manufacturing plant, distributor,
packaging company, or
any business that invoices to credit worthy customers, then a FactorLine from
Charter Capital can accommodate the working capital funding needs of both new
manufacturing companies as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology
consulting and staffing firms are great candidates for our FactorLine accounts receivable
funding service, enabling you to increase your cash flow without the need
for bank loans. We are always adding new industries and will consider factoring
service providers in any industry.
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