I don't know why people keep training, or think they will walk into a job at the end of it. If you do even basic research you will discover plenty of redundancies in the last 2 or 3 years, many experienced pilots went to the desert, many will be back as soon as recruitment picks up. These are experienced pilots with type ratings and plenty of hours on type. So yes, at the moment there are still plenty of type rated experience pilots out there applying for jobs, and most airlines would rather interview these first, and take their pick, before going to low experience/ non-TR pilots.
It is just a case of supply and demand.