The latest report from Obama this week said there was modestly encouraging news about job loss. Only 11,000 jobs lost in November. Unemployment rates ticked down. Overall he said it was the best job report that we have seen since the year 2007. Just in time for the holidays.
However many analyists and journalists are skeptical, stating that a truer measure of unemployment in the U.S. puts the score at 17.5 percent. The last time it was this bad? The Great Depression in 1933 at 25 percent.
That all said, this economic downturn is just about to end the first year of 2009. And smart businesses have done everthing they can to prepare, and many have started implementing invoice factoring.
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