The short answer is ‘yes,’ it is easy to get a job with a Masters / MBA than with a PhD. How can that be?
You have to think about the supply and demand of a PhD degree. A PhD degree is a relatively specialized degree, and there are only limited number of spots where you can find a job that fits this skill set.
Most people believe that it is the candidate that is unwilling to take lower positions, but I really do not think this is the case.
While you do gain a lot of specialized knowledge from the PhD that far exceeds what you would gain in a masters degree, most people do not understand what a PhD is and thus, it reduces the number of industry opportunities for you. It is more that the PhD screens you out of opportunities.
I have had a family member that is a recruiter tell me that I would have better success if I removed the PhD from my resume. That is crazy, but it is a matter of people having a ‘bin’ for you, and if you do not fit that ‘bin’ than they will quickly find another ...