Times have changed.... quickly.

Companies have re-gained the upper hand in the previously so-called 'candidate market'. Applicant flow for open positions is growing, almost to where it was right after the Dot.com bubble burst.

The 'post and pray' strategy is now the 'post and pick' strategy. The mis-conception is that quantity = quality, sure it increases the liklihood of a successful hire, but your screening and your interview process needs to be air-tight.

More.... http://mindfieldgroup.web4.hubspot.com/blog/bid/15467/Increased-applicant-flow-is-giving-you-a-false-sense-of-security