The fact that corporations haven't been laying off people en masse for most of this year is good news, but it is no longer new news, so in that sense I can't say that this chart is a reason to be optimistic. But it does solidly refute the notion that the economy is slowing and/or we are approaching another recession. By failing to support the bearish case, the chart and the news are a positive, given how bearish sentiment is.
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