For the first time (in a long time) I am going to have to disagree. Times are a changin'. I am one of the many that have had to go to far away places to obtain GOOD employment (and I am so glad that I did). The contract market is already starting to heat up, and the likes of China and the Middle East are going to have to start upping the T&C's if they are going to keep bums on seats up at the pointy end.
The economy has only masked the looming pilot shortage. In the next 5-10 years the Sh*t will hit the fan, and finally it will be in our favour
FARNBOROUGH: Pilot supply: the component the airlines have forgotten