Skyjob I have been out of initial flight training for almost longer than I care to remember, however during my time I don't recall sales people talking me into parting with vast sums of money, because the flying job market was (in there opinion) boyant. Is this the norm now ?.
As far as looking for your first job goes if you are prepared to travel, international boundries, visas permiting (again its been a little while I'm afraid) I think its fair to say you will get somthing, might not exactly be your idea of plum, however...
As far as the UK job market goes I don't think anyone would argue that it's never been better, though it might not feel that way especially if you are low on time.
I can't see the current situation changing anytime soon, airlines will have to start recruiting pilots with lower levels of experience in larger numbers, whether this happens tomorrow or in five years time, pass. It will happen though.
Bottom line guys and gals, never give up you will get there in the end, look back and laugh, I think its fair to say nearly all of us have a story to tell when it comes to exams, jobs etc, and it tends to involve money and tears !. I have kept all of my rejection letters, I have a very thick file which I dig out sometimes and read, it keeps me straight if you know what I mean.