Hello Nancy,
It (1) has been (be) time since my last letter to you. I (2) am still working (still/work) at ABS and the company (3) is doing (do well). This is very fortunate as many of my friends (4) have lost (lose) their jobs. Our savings (5) have taken (take) a disastrous dive because of the economy. I (6) know (know) the situation everywhere is difficult and I (7) am (be) happy I still have a job. My friend Michael and his wife Georgia (8) are now living (now, live) in Virginia. Michael (9) has finished (finish) studying massage therapy. He (10) is running (run) a small clinic in partnership with another woman. He and Georgia (11) are looking (look) for a full-time job, though, as they (12) are losing (lose) money also. As I say, many people (13) are having (have) a hard time now.