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'resource shortage' is correct and usable in written English.
You could use it to refer to a lack of resources, such as the scarcity of materials or labor. For example: "The resource shortage meant that the project could not be completed on time."
Exact(60)
Foreign Policy has called this "the gravest natural resource shortage you've never heard of".
No amount of foreign competition or resource shortage has historically caused such a catastrophe.
Nigel Cope, of C&C Systems, is equally excited about the other benefits in these days of fuel-price inflation and resource shortage.
You've been proclaiming an imminent resource shortage since the late 1980s.
Whenever a resource shortage is detected, more resources need to be installed in the system.
Challenges in current development of nonferrous metallurgical industry include resource shortage, energy crisis and environmental pollution.
One is average loads of virtual cells, which reflects the degree of resource shortage.
Continued exploitation of unconventional reservoirs using conventional hydraulic fracturing fluid technologies requires large volumes of water, which may lead to water resource shortage and environmental pollution problems.
With the rapid economic development in China, the resource shortage and environment pollution have become more and more serious.
Zhangweinan canal sub-basin (ZWN) has the most serious water resource shortage and water pollution problems in north of China.
In order to release resource shortage constraints, hydrogen effective use is of great importance for refineries nowadays.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com