First Clear Indication that the Recession Has Started

The first sign of a recession underway:

The Staggering Rise in Jobless Claims This Week

https://www.nytimes.com/interactive/2020/03/19/upshot/coronavirus-jobless-claims-states.html

Coronavirus Layoff Surge Overwhelms Unemployment Offices

https://www.nytimes.com/2020/03/19/business/coronavirus-unemployment-states.html

U.S. Jobless Claims Could Exceed 2 Million, Goldman Says

https://www.bloomberg.com/news/articles/2020-03-20/u-s-weekly-jobless-claims-could-exceed-2-million-goldman-says

Trump Administration Asks States to Keep Quiet About Jobless Figures

https://www.wsj.com/articles/trump-administration-ask-states-to-keep-quiet-about-jobless-figures-11584676698