WWW
Thats true, once companies reach their max fleet, it will say "stop" for pilots. However, it still would be possible to get a job. And not THAT hard neither.
1.1 Lets take a look at the situation we have now.
Its very hard to get a good job.
Even for experienced pilots.
For low-hour pilots "only" way is via CFi or job in africa for 2-3 years.
1.2 What was the situation 1.5 years ago?
It was impossible to get a job.
Even for experienced pilots.
Companies was cutting down their fleet and firing pilots.
Conclusion: Market is improving.
Now, lets take a look at the reasons:
3 years ago market was "awesome" and even low-hour pilots could get a job.
Then finance crises kicked inn.
Many companies went bankrupt, most people was short on money. Less people flew. Companies had to start cutting down on expenses, reducing their fleet (cause less people flew) ---> experienced pilots loosing jobs.
Many pilots with airline experience struggling to get a job. No market for "new pilots."
Now market is on the way back to normal. Experienced pilots got their job back. Pilots that "graduated" 2-3 years ago and was "working hard" as CFI or doing low-payed jobs is getting hired now. Pilots that graduated a year ago is next ones to be hired. Of course if they was doing something to get hours, and not just "waiting for better time".
Older pilots go out with the pension, making way for younger lads, people fly more, more airports getting expended and new ones gets build, companies expending their fleet.
Now, as WWW said, its a limit, how much companies can expend their fleets. However, new companies will join the market.
China is planing to build 45 new airports in next 10 years.
Oslo Gardermoen is to be expended within next 5 years (work have started already) and they are planning another expansion 5 years later.
So, companies gonna start adopting to the market, open new routes, which means, additionally expend their fleet.
My guess, pilot job market will be back to normal within next 2 years. After that, older pilots will leave, new will come. So it will stay on same level. Ofcourse, that all depends how many people will do pilot training. But more or less, it will be stable, at least until new crisis or something huge happens.
But industry will always need new pilots, simply because old ones quite. Some times (3-5 years periode), there will be higher demand for pilots (more pilots quite, then get graduated), other times, it will be opposite, and you will have to wait or work as CFI a bit longer. But with few exceptions, everyone one that work hard and do their best, will eventually get into the cockpit of new, shiny 737 and enjoy fulfilling their dream and being pilot.