As a younger and highly motivated PPL I faced similar a situation in the USA in the early eighties and the general opinion from those in the industry was don't bother wasting $16k with CPL/ME/IR /CFII as there aren't any jobs.
I really regreted that decision as the cost doesn't ever get cheaper, I was in a fantastic place (albeit at the wrong time). There were guys on the street at traffic lights with signs saying "will work for food"
Had I done it then time was on my side and I would have seen many cycles in the industry. My advice fo9r what it is worth is seize the moment and go for it if you are young, you make your own luck and may just be in the right place at the right time, there are many facets to flying not all airlines.
