I find it interesting that some people are saying there is no pilot shortage in a thread surrounded by employment ads from Republic, Air Wisconsin and Piedmont looking for pilots. Sure, there are plenty of low time commercial pilots that are working for peanuts or can't find a job, but thats normal for newbies in any industry. However once the pilot hits 1200 hours, they can quickly find employment as a 135 captain making decent wages and once they get their ATP, they will have numerous additional opportunities in the 121 and corporate world.