Never. There always has been and always will be an oversupply of fATPLs.
There was a time, quite some time ago when airlines were screaming out for pilots and were known to call up flight schools asking when they can expect more recruits to come through the system (or so i'm told). Some of the more senior members may be able to confirm or debunk that.
This will probably be a long painful recession which significantly reduces expendable income and available credit. With training costs so ludicrously high and unlikely to come down my theory may not seem so far fetched in a year or two.
btw Hamilton/Lewis/Barry ???