> USA opens about 500,000 new software development positions per year.
Article doesn't say that. Its says that's global:
> Despite the pandemic, the number of software developers grew by 500,000 globally in 2020
Additionally earlier in the article, it shares numbers which supports a much smaller number:
> ...make this the most accessible 6-figure job in USA. At 1,400,000+ members and 22% projected growth, it is the biggest and among fastest growing high-paying jobs
The Bureau of Labor Statistics identifies that there will be 411k new software jobs between now and 2031, not per year:
https://www.bls.gov/ooh/computer-and-information-technology/...
Given the number of 50k grads per year, 400k employees for 411k jobs isn't a massive shortage. (Not to mention that many jobs opening aren't for grads, but for senior developers)