H1B Approved - Laid off - Last day of work is Oct 31st 2019

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My company applied for my H1B by this April and got picked in lottery and got approved by end of June 2019. I got laid off. My last day of work is Oct 31st. Employer supports my H1B till Oct 31st. My questions:

1. Will I be able to look for jobs in till Dec 31st 2019 in H1B status?

2. After December 2019, if I get conventerted to H4 (as my spouse is in H1B), and later when I get job in 2020, will my new employer can just transfer my H1B? Is is like normal H1b transfer from employer to employer or is it different as I will be on H4 by that time? or what is the process and how long will it take on average for transfers?

Thanks in advance 

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