Perhaps Daddy-Oh however, EZY, Ryanair and BMi hiring will tend to favour those with A320 and 737NG TR's first.
After than it will probably go to time on jets, turboprop guys, integrated high achievers and modular bods last. Sorry to be devils advocate and maybe stick a pin in the bubble of a recently qualified CPL/IR 250 hour hero reading this.
The aircraft type most affected in the past 3 years of downturn has been the 75/76, through mergers and bankruptcy's. It's these guys who are primarily getting these snide 7 month contracts from TCX and Jet2.
I fear the false recovery we're in just now won't bite until the interest rates rise to combat inflation in the next few years, that will then affect most people's largest outgoing, their mortgage. Granted it won't rise as steeply as it descended (0.5% a month, every month - winter 2008).
When that happens the public tend to cut out luxuries (some regard a holiday as a necessity now, however many do not) and we pilots who also have to keep our repayments on time, resulting in the bean counters still calling the shots for a while yet in my opinion. Late 2012/early 2013 - this is if the Mayan's got their prophecy of the end of the world wrong.
Jet2 seem to do this out of the traditional hiring periods it would appear to see the strength in the marketplace. It gives the HR department a chance to update their databases and top up the hold pool and the bean counters an idea of when they may have to increase the terms and conditions based on the calibre and experience level of those applying.