For a large number of people, I totally agree. However for, say, a software developer in Silicon Valley I doubt it would take nearly that long unless they wanted it to. Note that for non-tech industries the monthly premium goes up significantly (+$40 for Leisure and Hospitality, for example), so the break even time gets longer.

Interestingly, the numbers seem to indicate that they expect people employed in Public Administration to have the easiest time finding a new job. The premium payments for that are less than half what they are for IT.