I know many guys who have done modular, who have got jobs now, equally many who don't have jobs now.
So its a bit of a lottery. If funds are not unlimited, I would do it modular, at a "small but busy" flight school, if in early 30's, I would do the FIC and try to do instructing with the flight school.
This way you build experience, enjoy flying without enormous cost, and gain great experience.
I got job before my CPL instructor, however he got my job a few years later, so it worked out in the end, but very random. Depending where you live in the country, there are various options for this route.
But lets not be naive and sugar coat the reality, getting a job either 30 or 40 with little experience is not easy, the odds are against you regardless, so if you happy with that prospect its just to go for it.