This is an interesting and accurate thread. Its gonna be a while before the US Majors do much hiring. I think United's last furlough was January and apparently American has one more.
In the past while at UAL, it took a 2 year minimum to furlough someone to break even. In other words, if you weren't going to have a 2 year furlough, they wouldn't waste time furloughing you. Things could change. Courts and grievance awards sometimes have an effect, but its gonna be a while in North America. USAir is the next critical issue and that would seal the fates of many unfortunately. It's not a pretty picture.
And a few of the posters are correct. There are jobs across the Pacific. I'm in one!