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smidgett16
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jordanhendrix
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Make sure you discuss what you were doing while unemployed, how you bettered yourself. Lots of people lost their jobs the last few years due to no fault of their own. However, if you just sat around collecting unemployment while playing Halo...well that wont help your cause at all. If you volunteered or did consulting projects, thats going to look much better. Frame up the positiive aspects of being layed off.
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I'd agree with everyone above, don't dwell on it too much. Do mention it briefly and the outside circumstances. Talk about your recovery though, how you are moving forward, steps you are taking to reach your goals.
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SaMoCU
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Don't think it's a biggie. I was laid off last year because of a merger my employer had with another large company, and because of the recession. Found a job at a start-up in 4 weeks and mentioned it in the app and in my essay, but kept my explanation brief. People get laid off, it's what you do after you're laid off that matters more.