I keep thinking of those wonderful old Tom & Jerry cartoons. You know, the ones where Tom (the cat) is chasing Jerry (the mouse) and they go through fences (leaving cat or mouse shaped holes as appropriate), over houses, across roads and so on.
Eventually they come to a cliff, run straight off it, and keep running.
They only fall down when they lose belief and actually look down.
So where were you when you first heard the term "Credit crunch"? For me the exact term wasn't used, but I remember very well when I first heard about potential future financial problems. It was in August 2007, at least one year before the collapse of Lehman Brothers, which is where most of us started to be badly affected.
Over the past few years there seems to be a change in the candidate experience, and it isn’t a positive one.
Let’s forget for a moment the hundreds of applicants who apply for a particular position, with a small percentage of them qualified. The candidate experience is not going to be positive for the unqualified applicants, and that’s okay. If they had taken seriously the minimum qualifications listed on the job posting, they would have realized they didn’t have a chance. A quick "thanks but no thanks" email - job done.