The 'official numbers' are manipulated bullshit. There aren't more software jobs, what there are is an ever increasing H1B replacement of domestic workers (in the US). They'll fire 6,000 US workers and replace them with 9,000 H1B. That's still a net job loss, even if there are 3k more workers.
As for the productivity of existing "skilled" developers, "that depends".
You absolutely can, with agentic frameworks with proper planning and orchestration produce far more good code, with more features. This is how the majority of new, useful software seems to be getting built.
The majority of developers using "coding tools" like Cursor or IDE plugins, however, aren't going to be meaningfully better or produce significantly more work. They'll produce more of the same that they normally produce.
Then there are the developers that are really just vibe coding. They're the ones people frequently criticize: no/bad architectural considerations, no separation of concerns, mungled up cross dependencies, poor variable consistency, etc. These folks generally won't be able to produce much of anything anyone wants to use.