Misleading news?

Good evening; this is your daily news update. Today, we bring you a concerning report on the increasing number of job losses that have left many individuals and families facing an uncertain future. Let's have a closer look at the data..

Source: https://www.businessinsider.com/the-27-worst-charts-of-all-time-2013-6

As an aspiring data visualization expert, you can surely detect several problems with this chart. Apart from rather obvious formatting imperfections, this chart is highly deceptive.

Can you identify the reason(s) why it is misleading?