The background skaters are nicely drawn, and you can instantly see what the skater is doing, and their skating level. This is obviously a public skate session.
The problem is with the 'humorous character' in the front. He's not funny at all--except his entry to the figure 8 is completely wrong. Falling is so common in figure skating that it's not fodder for humor. I think this must have been an illustration for a short story or a drawing to fill a blank space.
I do want to mention that every cartoonist in the New Yorker collection draws the figure 8 entry from the end--as if it was being drawn with a pen. What's with that?
Chon Day, 1944
Here's another example of an 'end on figure 8 entry'
And shouldn't his free leg be tucked in?
Here's my caption:
To pass Gold moves, USFSA requires you to to skate
how much you paid in lessons
rounded up to the nearest 8
NOW THAT'S HUMOR!