If we knew when it will end (shortage of pilots, if any) then we could plan accordingly.
I believe the bubble will burst by way of cut backs due the fuel price & therefore that will have a direct impact on the shortage, again if there really is one!
As long as the airlines have such a fractured pilot group as we have these days then there will always be the belief it's "them & us"
Good luck to those that secure a job with the majors now, 'cause it won't last!
CW