Whilst I understand the passion within the industry, the likes of "DOOD" have it right.
This is a purely economic argument....all CPL's being (ostensibly) equal.
the newly -graduated now find themselves in a very large pool of potential jet-jockeys.
the commercial operators are currently spoiled for choice- should they get on the tax/NI/holiday-pay/sickpay/human-rights/employment-law/ potential tribunal et al. carousel that is the lot of a 21'st century employer, AND pay a not-insignificant salary to the tyro who "wins" their weeding-out process, so he /she can play with their shareholder's multi-million pound tin bird, -OR
should they do a preliminary sift through the wannabe's by eliminating a large slab of their operating-cost of each flight?
It really is a no-brainer.
Come the day the balance swings the other way (remember those heady days of unlimited expansion?) the pay-offers will improve, conditions and terms will dramatically improve as operators vie with other to hire staff with the requisite bits of paper to sit at the pointy end.....heck, they've even been known to poach each other's staff.........
BUT all that was in the day when there were more passengers than seats, more aircraft than crew, and all budding pilots knew there was a job waiting if they had the ability and nous to get the basic qualifications.
The world's moved on, the boot is on the other foot.- Any commercial undertaking who did not take advantage of the situation would lose competitive advantage to those who did, witness the extraordinary growth of the LoCo carriers,who are, effectively, international flying-bus operators, as opposed to the legacy-carriers who can be likened to private-hire limousines.
I do sympathise with those who are frustrated, but it isn't going to alter any time soon.
Retirements and lack of economic incentive will ultimately trim pilot-numbers to suit demand........then the whole cycle will repeat.....C'est la vie.