The nation’s unemployment rate is out today. And as serious as those numbers are, the situation in Silicon Valley is even worse. The unemployment in the America’s high tech heartland is hovering near 11.5 percent. While there are bidding wars erupting between Facebook and Google for young programmers. The situation for many older engineers is grim.

Vivek Wadwha, a visiting scholar at the School of Information at UC Berkeley, joins us to talk about the secret of Silicon Valley’s job market: It’s all about age.