I also question the ethics of FIC schools which continue to churn out novice FIs in the full knowledge that there are virtually no FI jobs around these days... Quite what lies they are telling their students, I cannot imagine.
There are also large numbers of people around who, whilst holding all the relevant bits of paper, will never be employable on an airline flight deck (not even Ryanair) because they lack basic interpersonal skills. The CAA has confirmed this.
There really is a case for all prospective airline pilots to be required to take a mandatory aptitude test before being permitted to start a CPL course.