Be Prepared for December

The AP reports this morning that December is the biggest month (twofold statistically) for layoffs in American businesses. Executives and senior management scramble to deliver a profit for end of year and layoffs happen now. So, if you are in the mix of the bad news, and more of you will be this year because...need I remind you of what we're all talking about?

The reverse news (I won't say good yet) is that in the first quarter of 2009 there will also be other shifts going on, adjustments to how companies spend and hiring. No one can make much sense of it but some companies hire right after a layoff and it's not all cheaper labor. It's when they see what they need and have to fill that need.

It will be a leaner holiday season, without a doubt, but it's not the end of the world.