I think it’s not the lack of jobs or state of the industry but a combination of factors that prevent people getting jobs.
The issue I see it from my point of view from the inside is this.
1) Most of flight training prepares you for Single pilot ops and G/A rather then commercial flying. Flight schools train you in one manner but it fall short from airlines point of view.
2) Some people don’t have the applitude for it. If you don’t have it sorry pick something els.
3) Flights School summer have variation of quality of instruction and facilities not all are made equal
4) There is not many sources to look at that give you a straightforward path.
Everyone has different opinions.
If I had a time machine I would have gone through the MPL route to reach the right hand seat of an airliner earlier reasons
Your trained for the actual job from day one!
you have a job offer at the end
its the most effective way to train future trainees to touch an airliner.