Well you're a bundle of joy. Truth be told I hardly ever see anyone on these forums denegrating the FAA licence. Its just that it is "worthless" in the Europe because it would be illegal to fly a European aircraft with it.
There are jobs out there. My company have hired DOZENS of low time FO's this summer. I met up with a few old students last night in Glasgow on a nighstop. On was just about to start the sim course on the 75/67 for Britannia, another two were waiting that day for their base flights with Logan on a Saab340 and the other was happily buzzing his turboprop around waiting fot Airtours to take him onto their jets being that they sponsored him.
Yeah we did talk about where some of the other students were and what they were doing and it came as no real suprise to me or them that the weaker students had found no work.
The flying schools are not rich not profiteering. The fact they charge a lot more than their US counterparts is simply due to higher levels of taxation and costs assoociated with employment and GA in Europe.
The glass is both half full AND half empty.
WWW