Shortage is reality
And shortage means lack of good experienced pilots. Most young cadets lack the necessary skills required to command an aircraft.
Training is getting cheaper (see east European flight schools) but at the same time more extra modules like APS MCC, JOT or even self sponsored type ratings are required to land the first job. What the industry basically needs is a further consolidation. Then ticket prices get higher, salaries will increase and in the end the training will improve and will be provided in full by the employer again. What can be expected if tickets are still available for 10 bucks? Nothing! We have one of the most demanding and specialized jobs in the world and are paid less than a cab driver. I know a pizza chef who gets double the amount that my former coworkers get. And we're all captains. Sad but true. Think about that