You seem to be confusing applicants with people who are given interviews. Typically less than half of applicants even make it to the interview stage- sometimes much, much less than half.
There's also enough evidence out there to say that this level of applicants is common. Starbucks had over a hundred applicants for each position it offered recently; Proctor and Gamble had around 500. This guy also says it's common for programmers.
You seem to be confusing applicants with people who are given interviews
No, I'm not. From shminux's link:
The "Fizz-Buzz test" is an interview question designed to help filter out the 99.5% of programming job candidates who can't seem to program their way out of a wet paper bag
What is something you used to believe, preferably something concrete with direct or implied predictions, that you now know was dead wrong. Was your belief rational given what you knew and could know back then, or was it irrational, and why?
Edit: I feel like some of these are getting a bit glib and political. Please try to explain what false assumptions or biases were underlying your beliefs - be introspective - this is LW after all.