Happily (/s) by the time people are done with their PhD's many know not to continue and the odds improve. I think the over-subscription on PhD positions is far

Happily (/s) by the time people are done with their PhD's many know not to continue and the odds improve. I think the over-subscription on PhD positions is far worse than the one on post docs, the latter in general being very specialised and so restricting the application pool.