A downturn is when you hear of someone losing their job.
A recession is when someone you know loses their job.
A depression is when you lose your job.
As of Friday, March 27th, it will officially be a depression.
Now that you know, I expect that everybody will get out there, and announce it, and make sure your friends understand it's Oboes fault. I learned that from many years of working in the corporate coal mines: First fix the blame, then fix the problem.
Blame fixed. Problem in work.