#job-competition

#job-competition

You have a better chance of getting accepted at Harvard than finding a job these days. That's the brutal reality of the current labor market. The no-hiring-no-firing environment, dubbed the Great Freeze, is driving job seekers up a wall. And the numbers paint an even darker picture, writes BI's Aki Ito. The average job opening last quarter received 242 applications, according to exclusive data from hiring-software provider Greenhouse. That means you have a 0.4% chance of getting the average job you apply for.