Job Competition Averaged 71 to 1 in 2010

      December 28, 2010 10:07

      Each new recruit hired by a listed company this year beat out an average of 71 competitors for their job, a survey reveals.

      According to the survey of 368 companies by online recruitment portal Incruit, about 1.22 million people applied for 17,195 jobs this year, or an average of 71 per position.

      The figure is down slightly from 78 last year.

      The most competitive industry was construction with 178 applicants per job, followed by IT (121) and automotives (101). The lowest rate was 24 in the electric and electronics industry. 

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