20,000 apply for 400 jobs at Ikea in Spain

20,000 apply for 400 jobs at Ikea in Spain

NPR: In just 48 hours, more than 20,000 people applied for 400 jobs at an Ikea opening on Spain's Mediterranean coast.

That initial volume alone gives applicants a 1-in-50 chance of landing the job — three times more difficult than getting into Harvard last year.

Spain's unemployment rate is 26 percent; it's more than double that among people in their 20s. Greece, Italy and Portugal also suffer from painfully high unemployment — and economists predict they will continue to do so even after they emerge from recession.

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