Via: Zero Hedge
As the Brits await anxiously for tomorrow’s employment data – with their currency plunging courtesy of reality and Carney’s vocal intervention – it appears the job market in blighty is truly dismal. We know it is tough to get into Harvard (5.9% acceptance rate); we recently discussed the difficulty of attaining a flight attendant position at Delta (1.4% acceptance rate – 300 positions for 22,000 applicants); but that’s nothing compared to the difficulty in attaining a role at the UK’s Costa Coffee. 1700 people applied for 8 positions (0.47% acceptance rate) at a high street coffee house in Mapperley, Nottingham. Just three of the jobs were full-time – and paid between $8 and $15 per hour. Just as in the US, The Daily Mail notes unemployment is actually falling according to official figures, but the demand for relatively low paying jobs tells a different story, as unsuccessful candidates include senior managers with over 15 years experience in retail. The jobs were only listed on the firm’s website and on a local building – and attracted this kind of attention leaving the company “amazed at the level of interest.”
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