G'day Captain Crunch,
First things first. Do that Class 1 medical. ok, it costs a bit eg £400 in the UK. However, it is better to find out right now before you spend another cent/pence on this flying activity.
You didn't mention your age or marital status. This does have a bearing on it all. If you are 25, you have no probs, if you are 45... you are pushing it to get a good well paying job in a jet. Marital status? The spouse can either make or break you with this. Bear in mind that you may not crack the jet job straight after flying training and so the pay may not be very good. Be warned about that.
Your first job will be the hardest one to get. Every job is hard to keep too... Always, and I mean always have a back up plan. The "boom" for low houred pilots appears to be "over" for the time being but that doesn't mean they aren't out there. OK, you may have to instruct, fly overseas, fly a piston and the like to get the hours up. If you are happy with that, then go for it.
You must understand that there isn't a job for every one with a CPL + ATPL theory credits. Only you can make the decision to persue it. If you have other skills like managerial/computing etc highlight them.
There has been quite a lot of change with the adoption of the JAA reg's. Make sure you are famil with them. (go to the website).
Talk to a few flying schools and if you can, talk to some employers as well. Read what is on here and back it up with your own research too.
However, I cannot stress enough to do that Class 1 medical first.
Good luck.
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reddo...feral animal!