ScottyUK, there will always be a shortage of the fully trained people that weren't hired as fresh grads ten plus years ago. That doesn't help the current crop of fresh grads a mote.
Similarly, there SHOULD be a shortage of people in such "short supply", who are willing to work for an "average" engineering salary- or willing to work in a remote location without a steep salary premium etc.
If that's the case for you, then enjoy it- and make SURE for all our collective benefit, you profit thoroughly from it!
The salary survey data here puts the lie to the notion that there's any persistent shortage that is driving up the price of labour, i.e. the only kind of shortage that should trouble a business. That survey data shows engineering salary growth which is not out-stripping either economic growth or the cost of living. And since the survey data is sorted by years of experience, we have sufficient data to say that we're not seeing a sudden spike in the salaries of "experienced" engineers in general here. So your situation is the exception that proves the rule.
KENAT is right: my point was in relation to the hiring and retention of female engineers. Make a REAL labour shortage and they will both come, and stay. In an oversupplied marketplace in general terms, which is what we certainly have here and now, I'd be troubled if more women were staying than men- perhaps in a real practical sense, the women have more brains than the men do in that regard.