I get confused about all this worry of recession... In Australia, I haven't yet begun my PPL OR CPL OR FI training and I've been offered a job as an instructor as soon as I complete them.
It seems there is not enough instructors in Australia, and for those willing to gain a FI rating, they're virtually not only guaranteed employment, but have a pick of who they'd like to work for.
I guess the problems of lack-of-jobs / unhealthy-economy only arises when pilots aren't willing to take a bottom of the ladder job to get a foot in the door..?
Jazz