I don't know who the unemployed software engineers are. Possibly people living in the wrong town. I know no unemployed programmers. My office let go a few people, all of whom had new jobs lined up within 2 weeks. Of course, I mean actual software engineers who are experienced, productive, flexible, customer focused and able to have a conversation out loud with other people.
I've been wondering the same thing. My current company has recently lost people to other companies poaching our engineers. My friend manages a software dev group in Tampa and is having a hard time filling his team. He told me a couple weeks ago that he's thinking about getting out of management and back into coding because the market there is going crazy right now ($120k+ for senior software engineers).
I'm about to start a new job after being heavily recruited by a local company. The interviews (if I could call them that) were them selling me on working for them and not the other way around. They are a small company and just put together a very generous bonus program because they were losing software people to other local companies.
So yeah, where are all these senior engineers who know what they are doing and are also out of work?