I obtained my licence in 1991 just when the gulf war was in full swing.Shortly after that Air Europe and Dan Air went pear shaped.About 500 pilots where on the market and jobs were hard to come by then even for experienced guys.It took about 3 yrs to soak up this surplus and 5 yrs for me to get my first job.I beleive the situation is much worse now and who knows what the future holds but its not looking good.On the plus side if things can get moving again over the next 9 months then I beleive companies will be falling over themselves to recruit pilots.We will all have to wait and see.