We still haven't seen the 2010/11 stats and I would say that there will be another 1200 CPL's issued on that one as well. Are there alot of foreign students getting licences at the moment? Say 200 are issued to people who will never fly in the UK thats still about 1000 CPL's a year for how many jobs? Maybe 150 entry level jet and turbo prop jobs and mybe 150 instructor gigs? Those sorts of figures would scare the life out of any flying school!
Can you imagine if the schools had to tell all potential students that the odds of getting job were less than 30%?