well apache, thank you very much for your good wishes for the unemployed CPL holders!
well, the situation will take a long long to stabilize. as there are way to many unemployed CPL holders floating around right now.
for e.g. Jet Airways had held an exam for trainee first officers last month. for a handful of seats there were well in excess of 1900 pilots!
the odd's right now are looking very good indeed.