Sunday 22 October 2017

Over 85,000 apply for 30 Italian bank jobs

One duty is feeding cash into machines that can distinguish bank notes that are counterfeit or so worn out they should no longer be in circulation. Stock photo: Reuters
One duty is feeding cash into machines that can distinguish bank notes that are counterfeit or so worn out they should no longer be in circulation. Stock photo: Reuters

Nick Squires

Italy's chronic unemployment problem has been thrown into sharp relief after over 85,000 people applied for 30 jobs at a bank - nearly 3,000 candidates for each post.

With youth unemployment close to 40pc, and the overall level at 11pc, steady jobs are in great demand.

But managers at the Bank of Italy were still astounded by the huge number of people who contacted them.

The 30 junior jobs come with an annual salary of €28,000. The work is not glamorous - one duty is feeding cash into machines that can distinguish bank notes that are counterfeit or so worn out they should no longer be in circulation. The Bank of Italy whittled down the applicants to a short-list of 8,000, all of them first-class graduates.

They will have to sit a gruelling examination in which they will be tested on statistics, mathematics, economics and English, as well as an oral exam. The lucky few will take up their new jobs next year. (© Telegraph)

Telegraph.co.uk

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