It is called Globalization at work. We are going to see one of the many faces of Capitalism turning ugly and out of control.
The Low costs in Europe have exported the model to emerging countries,and they are turning against their employees to make more profits.
Just look at how Easy and Ryanair hire most of their F/Os.( They no longer hire experienced pilots who claim a decent wage), worse when the SSTR pilots reach a proficient level and start earning reasonable wages, these companies start fighting them to leave for better and more satisfying jobs.
When LCCs in countries like China, India, Malaysia and Indonesia ( amongst the few) mature and start having excesses of manpower, we will see some new lows being set.
Wages advertised now are an introduction of what is lying ahead.