The Whole Truth About Layoffs?

Law Firm: Associate, we’ve decided to let you go. However, we’re giving you four months to stick around while you’re looking for something new. Get it? You’ve got a job, still, for four months. And we’re not going to run all over town telling people we asked you to leave, either. You’ve got a good recommendation. Best of luck.

Associate: Thank you.

During those four months while still “employed” at her law firm, the associate will presumably be looking for a new way to pay off her student loans, which will call for explaining why it is that she’s jumping ship from her current firm. Should the associate mention the layoff to recruiters as her reason for seeking out new employment?