I realise this but it's still incredible to think because that's about 22k applicants per company.
Even if that's just part of each company's total hiring pipeline, it's clear; something's wrong. I don't know how long this study has been running but 22k is a lot of people, even over a year. These companies are too big. That's the problem.
Capitalism develops into monopolies pretty inevitably. Economies of scale just make monopolies more profitable. Monopolies also get in bed with the state and do dirty tricks to stamp out competition. But monopoly capitalism has been the case for over a 100 years now.
