on Oct 31. It will not be a long recession as it is not based on economic reasons.... simply based on gummint over-reaction.
Keep it in perspective.... the current unemployment rate AFTER all these layoffs is 4.4% (Still considered Full Employment) Employers will use this man made event to 'right size' their payroll and trim any fat.
https://www.bls.gov/news.release/pdf/empsit.pdf