My read is in the context of “trying to get a job”.
To get a job, you gotta match an unfilled position with a person.
This either happens through a company re-hiring for the same position because of attrition, or a net new job created that you can fill.
This graph shows the latter.
You can roughly interpret this graph as showing the net-success of people entering that workforce.
So, if you’re trying to get into the field, this is painting a bleak picture that in general, people are unable to enter the field (at least without at LEAST one person exiting it)
My read is in the context of “trying to get a job”.
To get a job, you gotta match an unfilled position with a person.
This either happens through a company re-hiring for the same position because of attrition, or a net new job created that you can fill.
This graph shows the latter.
You can roughly interpret this graph as showing the net-success of people entering that workforce.
So, if you’re trying to get into the field, this is painting a bleak picture that in general, people are unable to enter the field (at least without at LEAST one person exiting it)