I don’t think you can understand the job market based on a single occurrence like that. As a hiring manager I can assure you there are billions of reasons why a person with an ideally matching resume would not be hired, and the salary he or she is asking is just one of them.
Maybe your husband was overqualified. Maybe he didn’t answer a key question during the interview. Maybe they are behind on affirmative action compliance. Or maybe a decision-making person in that company is an idiot.