Whether there is a pilot shortage is debateable depending on where you are sat, but certainly the recruitment of newly trained pilots from OAT looks buoyant.
Figures from Oxford Aviation's website show:
07 - 247 to Dec 17th (up 49% on 06 & up 36% on 05)
06 - 166
05 - 182
I don't know how the other schools are fairing, but I expect similar high figures.
At least there is some encouragement for all those looking for that first job.
Skintman