I think there are two reasons electronics majors have a hard time finding work, which the software people here haven't experienced.
First of course is that there are much fewer electronics jobs. You can just look at craigslist or whatever. There might be 1 job for every 10-20 software posts.
(As an aside, I taught myself web development and recently applied to 6 or so companies. 3 responded, plus another I didn't apply to found me on LinkedIn. The market is that much different.)
Second is that advanced electronics is already highly specialized, yet prohibitively expensive to tinker with designing (integrated circuits, power supplies, etc). Nor would you have any personal use for them. That means you are useless when right out of school. That in turns means that companies have no incentive to hire, except from only the best schools.
The options thus are to either find a non-design job (tech support, marketing, applications), or find work at a company whose product is not so expensive and you can build something similar with an Arduino or whatever.
Or, try to get into a highly regarded graduate program.
Or, as some have pointed out, try your hand at software.
2. Buy this book - http://www.amazon.com/The-Education-Millionaires-Think-Portf...
3. Make a blog and start doing DIY hardware / electronics stuff / projects. Post those to Hacker News and other communities online, build an online brand. Also great to have those things on your resume in the 'Projects' sections. Play around with Arduino, Raspberry Pi's, etc and make some cool stuff.
4. Learn more software and emphasize your software skills on your resume. Tons of jobs for people with software experience / knowledge over those that are pure electronics.
Instead of having the mindset of: "I need a job, can you give me a job" change it to:
"I have these specific skills and this is how I can be an asset to your business".
See the difference? Your friend needs to tell these employers how his particular skill set can benefit their business. This requires knowing a bit about the business beforehand. Not a lot, but enough to show initiative and forethought.
No one is handing out jobs anymore. That era is over. Now people need to demonstrate value right out of the gate. Reframe the situation from one of not having and needing to one of 'I got something that can help you succeed'.
I'll end with this: the best advice I ever got was "make your boss look good". That is the golden rule. If your friend can make it evident he will make his next employer look good, he will be gainfully employed very quickly.
P.S. Since applying my advice, my daughters quickly got work and have never had employment problems since.