This is probably just the beginning.
When "Sully" addressed Congress in the aftermath of the Colgan crash, all went well until he described the woeful pay and conditions of American pilots, and in particular the Regional pilots. Many of the Congressmen with vested interests simply got up and walked out! Such was the level of denial.
The current situation was born in the dark days following 9/11, but has since been exploited by corporate shortsightedness and greed. The decision by the FAA to mandate minimum experience levels for Airline pilots has been as much about putting the value back into the profession as increasing expertise in the flight deck.
The announcement by Compass may prove to be the watershed for what has been overdue for years. Addicted to cheap labour, the American airline industry has resisted almost pathologically, the changes to aircrew minimum requirements, for no other reason than their reticence to compete for what is a finite resource.
Whether or not they can source enough experienced pilots remains to be seen. It's possible they may have killed the "golden goose". Maybe they will need to look seriously overseas. For those of you following this thread, opportunities may come. You will however have to be an experienced pilot. Something that may have been overlooked by some of the more enthusiastic first posters! I suspect that many of the pilots who meet the FAA mins will probably have other irons in the fire closer to home.
Good luck USA.