Reuters - Given that the Fed has eased so aggressively and recession risk being priced in by the market, this is a very low level of claims. If we don't see claims rise in the next couple of weeks, the market may have to re-assess the recession risk. So a 50,000 to 75,000 increase is needed to be consistent with a first-quarter recession. But people are brushing this report off because it is notorious to read this time of the year given the seasonal factors.