Supply and demand of course, and as always, however...
I see a state now that I have not seen before. Previously there was always a way in for experienced guys without ratings. Now it is damn near impossible to get a position if you are more than 3 months out of the aircraft! With recurrent training costs running into multiples that of airliner ratings it is leaving very experienced pilots high and dry very quickly if they are unfortunate enough to find themselves out of work.
The cost of training burden is shifting in an ugly way and I am seeing more and more pilots being left with recurrent training costs that sometimes run into truly scary figures. Having so many Netjets guys on the lookout has killed the market for the forseeable future for those without the relevant rating, current within a few days, and the best part of 12 months left before renewal.