Well noted, nickler. In fact, currency and recency are becoming even more of a concern short-term than earning potential. At this point, there are already quite a few A320 drivers out there who haven't been in a flight deck for over a year now. Think the charter lot who finished off the summer season in the autumn of 2019 but had no job to come back to in the summer of 2020. Also, plenty of TCX crew never found another job after September 2019.
With this in mind, Wizz air explicitly say that their normal hiring minima of X hours within the last Y months and last commercial flight within the last Z months no longer apply as a hard requirement. However, it's also sort of obvious that, if you have recent experience, you'll likely be looked upon more favorably than someone with a gap of over a year.
Does this put extra pressure on many unfortunate guys and girls? Absolutely. At that point, their game is about getting into flying at all costs for the sake of logging some recent hours. No improvement in conditions can be expected for as long as there's a choice between recent and not-so-recent candidates. After that gap in recency reduces, it will be the good old supply VS demand game.