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Home electrical retailer Best Buy, due to open a store at the former B&Q premises at Kingsway Retail Park in Derby as reported last week received more than 2000 applications for only 100 advertised jobs.
The firm is currently recruiting for store managers, department heads and sales, operations, merchandising, asset protection and administration staff.
Recent statistics suggest the number of people looking for work in Derby is falling. Figures released this month showed the number of people claiming Jobseeker's Allowance in the city had fallen for the fourth consecutive month.
In June, the number of people actively looking for work fell by 285, or 3.9 per cent, to 7,060. In the rest of Derbyshire, the number of claimants fell by 5 per cent to 15,292, a drop of 802.
But Derbyshire and Nottinghamshire Chamber said other job cuts at major firms in the past few months may not yet have filtered through to the jobless figures.
Somercotes chocolate-maker Thorntons, Burnaston car-maker Toyota, Celanese Acetate and BemroseBooth, both in Spondon, are all cutting jobs.
In the public sector, Derby City Council is to make hundreds of job cuts. Chamber chief executive George Cowcher said: "With job losses in the public sector looking increasingly likely, there will be an increased pressure on businesses to create more jobs."
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