In my neck of the woods (South Texas) there appears to be no shortage of priests; pretty much every suburban parish has at least one priest. Many have two or three; some even have four. At my Catholic high school, in the my class and the class a year ahead of me, I know of myself and three other young men discerning to the priesthood.
Overall, IMHO, when there is a “shortage” of laity, i.e., relatively few people attend Mass, other liturgies, or service opportunities, as in the Northeast U.S., there may appear be a shortage of priests. But as the laity go, so go the clerics, and vice versa.
Here in South Texas, the churches are positively packed at every Sunday Mass, with many parishes offering 5 Masses each weekend; Eucharistic Adoration and the use of confession seem to be burgeoning; and there seems to be a vocations mini-boom.
So I think at least part of a priest shortage is due to regional differences.
I also think that vocations correlate, at least to some extent, with the diocese’s bishop’s orthodoxy and vigor. Just look at Lincoln, NE where His Excellency Bruskewitz has done so much good work for Catholicism; so many men are in formation there! And here in South Texas, His Excellency Garcia-Siller has so much zeal and is so filled with the Holy Spirit, that it seems that many see his example and consider more seriously a vocation to the priesthood.
I notice that the OP is from Los Angeles; while I do not wish to disparage the leadership there for a recent quarter of a century, and while it seems that the situation there is improving, it does seem that vocations to the priesthood have been absolutely
driven into the ground.

I can’t blame young men there for not hearing God’s call; this generation isn’t buying into the slop that the sexual revolution and the “spirit” of Vatican II (whatever that “spirit” is) brought us. I think that the best thing to be done for the Church on the West Coast of the U.S. would be a radical return to orthodox Catholicism, in continuity with the past 2 millenia.
After all (platitude time!) :
Save the liturgy, save the world. Lex orandi, lex credendi. Say the black, do the red. Wake up and smell the incense.
And all that jazz
P.S. When I refer to the “spirit” of Vatican II, I do not mock the Holy Spirit, or the spirit of the law, having been informed by the letter of the law of Vatican II and being guided by that letter. I simply oppose the hijacking of “the spirit of Vatican II” to make all sorts of strange changes that weren’t called for by the Council, and many of which were carried out just for the sake of change.