Well here is some news to cheer you up a bit.
At least one major UK training provider is sending people who only 15 months ago had little or no flying experience at all, for interviews with at least 2 major UK airlines and a one major Middle Eastern carrier.
In some cases those pilots may only have 14 days between completing their I.R's and attending for interviews for job placements on airliners starting early in the new year.
The number of placements is significant.
You see, and as I have been saying for quite a long time, it is all about what you as a customer want, and what the end goal employers want. Only by understanding these factors can you realistically come up with a game plan that stands a good chance of success.
If you have gone about this in a format that the employers are demanding, then now is in fact a very good time to be graduating from the right establishments. Whether that will be the case in 2 or 3 years time, I couldn't predict, but I would still suggest that is the where the smart money goes.