To add to that in United States even if an employee is laid-off they are given severance package and on top of that they can apply for unemployement benefit and the government happily gives them a pay to survive on for about 6 months. Considering all of this I feel a salary man is in a good position and can find another job in 6 months.
First, from the article, he looked for a job for 18 months with solid experience but without success. Second, having been there, if you think going from a couple K a month while supporting a child instantly down to a couple hundred a week is simples, you haven't been there.