You published my tale back in mid 2009, so in keeping with the flow of your blog, here's an update:

The freefall of late 2008 & early-mid 2009 seems to have abated. My company went from $10m+ in sales in 2008 to < $2m in sales in 2009. We went from 14 full-time employees in mid-2008, to simply myself, with two former full-time employees working part-time hours, under-the-table, while receiving unemployment benefits. The two PT employees each sent out well north of 200 resumes in 2009---my operations manager received 2-3 different interviews, but all of them were basically for entry-level warehouse type help at ridiculously low wages. My receptionist received a few tepid responses, one interview, but neither of them received any job offers.