If things continue the way they are there will be a big airline pilot shortage soon. The militairy supply has dried up and that together with the continued economic growth has started to really make it harder for airlines to find people.
Not so much the majors perhaps (yet), but the smaller airlines and especially commuter airlines will find it increasingly hard, maybe even impossible, to find qualified personnell.
What to do about it ?
1. Start training people ab-initio, like they have done in Europe and Asia for ages (with good results), rather than insisting on thousands of hours ?
2. Hire foreign pilots. Canada, and especially Australia, still has many experienced pilots walking around doing nothing. Why not use that experience ? This would mean shelling out some greencards (for a change).
3. Hope things may never reach these shortage levels, ie stick you head in the sand and hope for an economic downturn ?
Let me know which one is the answer. Or perhaps you have a good idea of your own ?