people also have to remember that the economy does not only affect employers. though less pilots are being hired at the moment, I could well imagine that flight training is taking a downturn at the moment as well, with potential new pilots deciding that the financial burden of going through pilot school is simply not something many people can afford at the moment... so yea...once the global economy improves, things should be looking pretty good again. the only question is how long this whole process is going to take...