If you look at the open dev job postings, experienced developers are where the shortage is. Companies hire bootcamp graduates to take workload off of the experienced (3+ yrs) developers plates.

Interestingly enough, if you look at job postings you'll also see that a disproportionate number of job listings want 3-5 yrs experience. Companies want people who someone else has trained for 3 years but don't want to pay the prices that people with 5 or 10 years experience command.

Disclaimer: I run a bootcamp in San Antonio called Codeup.