C2C Resources Responds to New Unemployment Numbers

Share Article

Commercial Debt collection agency C2C Resources explains why new low unemployment numbers are great for both creditors and businesses in debt, as long as both sides react carefully.

Recent Unemployment Numbers

With the economy on the rise business debts are finally starting to be paid off

Today, C2C Resources, one of the top business debt collection agencies in America, responded to the new unemployment numbers released. As CNN MOney reported on March 6, the United States economy added 295, 000 jobs in February, beating most experts estimates.

These numbers put the U.S. unemployment rate at its lowest level since May, 2008, before the financial crisis in America. With the unemployment rate now at 5.5% according to the CNN Money March 6 report, many Americans are starting to settle back in to normal routines and are less concerned with the future than they have been over the past several years.

This positive thinking is also felt among businesses across the country, whose revenues are increasing and sales are up. This all finally trickles down to the creditors who sold goods on account to these businesses, and who are finally starting to get paid for those back-owed goods.

“With the economy on the rise business debts are finally starting to be paid off,” explains C2C Resources President Todd Tinkler. “Our job is made easier because businesses can actually afford to pay their debts due to the increase in cash flow. When businesses pay their debts our customers are happy, which makes us happy.”

The United States has gained over 200,000 jobs consecutively for the past 12 months, and with the spring and summer months coming there should be no sign of slowing down anytime soon. As the trend continues, the amount of business debt will decrease, further inching the economy forward.

For more information on how these low unemployment rates are affecting the business sector and the potential downside if businesses react too aggressively, please visit the C2C Resources blog at http://www.c2cresourcesblog.com.

About C2C Resources

C2C Resources is a global Commercial Debt Collection agency headquartered in Atlanta, Georgia. The company collects commercial debt on behalf of their over 25,000 clients and is considered one of the top agencies in the country. The executive team at C2C brings more than 60 years of experience helping businesses collect their accounts receivable.C2Cs powerful combination of Profit Maximizer, InfoMax Collection System, and Legal Forwarding Edge, can help your company be more effective with your own in-house collecting and maximize recovery of accounts turned over for collection. For more information, please visit http://www.c2cresources.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Trey Cefalu
C2C Resources
Like >
Visit website