"Increasingly sought after" sounds like a rightward demand shift to me. We're being told the supply shift is to the left.

Saying the price hasn't caught up makes me think they're confusing vacancies with shortages, which is basically what you were saying. Demand actually shifted inwards along with supply and we'll have fewer of these jobs.

Undisciplined

and who seeks for a job in a dying industry?

I think there's some truth in your point, but also some inconsistency in the original statement.

There is possibly a lag?  If they can't fill positions at the current wage then the wage pressure would be upwards.  If the marginal revenue product can't sustain a higher wage, then I suppose the whole industry is in for a contraction.