From Zero Hedge:
Delta, the world’s second-largest carrier, received 22,000 applications for about 300 flight attendant jobs in the first week after posting the positions outside the company. The applications arrived at a rate of two per minute, Chief Executive Officer Richard Anderson told workers in a weekly recorded message. Applicants will be interviewed in January and those hired will begin flying in June, for the peak travel season. Said otherwise, the previous few lucky hires will have overcome an acceptance ratio of 1.3%. Putting this into perspective, the acceptance ratio at Harvard, the lowest of any university, is 5.9%. In other words, it is 4.5x easier to enter Harvard than to get a job at Delta. As an attendant. And there is your jobs supply-demand reality in one snapshot. And now back to your Orwellian reality where the unemployment rate is falling, and there is absolutely no secular mismtach between job skills and demands in today’s centrally-planned economy.
The deeper analysis of “why”. If this is the world we exist in how will you navigate it to find freedom? Buy and hold? Trust the government to take care of you? Not smart options.