If there are 118 in the pool and SkyWest trains 20 a month, you can guess that there won't be any hiring for at least 8 months after they start their training again. Granted, not everyone in the pool will have remained unemployed and may have moved on to a different job. So the soonest a new hire would see the training facility at SkyWest would be the end of December if they start things up in January.
Don't hold your breath, you might turn blue. These are all ifs and pure speculation in a very unstable economy. The only good thing happening for the airlines is a barrel of oil has stayed under $70 for a few weeks now. Hopefully, some of the big ones do some hedging at the bottom and learn from July of 08.
I also think we will see a few companies go under in the next year. It will suck for those pilots that will lose their jobs but it may also strengthen others. I am not hoping for this, just pure speculation.