Believe it or not in the US at the regionals there is a big shortage starting and will be in the next few years... American Eagle has started offering $5000,- signing bonuses again as they need to fill 500 seats next year....
Main problem in the US:
- Less people trained for an FAA CPL in the last few years
- Most people that were trained for an CPL were chinese/indian guys etc who have left the country since
- Pay at the regionals is minimal to start of with
- Investment is big
- 1500 hour rule as an answer to the Colgan Air crash
So expect aircraft to be grounded from mid 2013 and the airlines to push congress to get rid of the 1500 hour rule as well as higher salaries.