I don't know which is worse getting fired or laid off
I've been both fired and laid off. If you get fired its often but not always your fault. Its really bad if it is your fault because you are unable to collect unemployment.
If you get laid off you can collect unemployment but I believe it hurts worse to be paid off than it does to be terminated. The reason I fell that way is because even if you did a great job you are still being let go. People who are laid off have usually been on the job longer than if they had been fired and leaving friends is always a hard thing.
If your laid off you feel like your being punished for something you didn't do.
Everytime I've been laid off I have had problems with the next job and this has often led to being terminated which is no fun at all.