The state of being corporately displaced or otherwise W-2 challenged while managing to maintain a positive attitude. Also known as 'Jobbus Interruptus'.
She updated her resume and applied to a couple of jobs online, but truth be told Jayne was in no hurry to brush her teeth before noon.

"I'm on FUnEMPLOYMENT, Bitches! Besides...I can't afford the toothpaste right now anyway..."
by Watzamatoni December 15, 2011
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state of unemployment where one is not looking for a job either because they're on unemployment or cause their sugar daddy/momma is paying their bills
Henry: Shouldn't you try to find a job?
Howard: Please nig, I'm on funemployment.
by Kenny5 June 18, 2009
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The act of being on unemployment and instead of using the money to pay bills you decide to use it to party.
All drinks are on me tonight, my funemployment check just came in the mail.
by jburr843 November 2, 2010
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1. An act of cheering yourself up by using the time you’re unemployment to have fun.
Kara Danvers decided to get off the couch and start her funemployment after being fired from Catco Worldwide Media.
by Ragingangel13 July 15, 2018
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The Portland, Oregon based podcast hosted by Greg Nibler and Sarah X. Dillon. Daily podcast on iTunes, or funemploymentradio.com. Topics range from daily life to "Ball Talk"
"Hey did you catch the new episode of Funemployment Radio?"
"No"
*commence the bitch slap*
by Fishworth February 2, 2010
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A vacation one takes when one is unemployed and not looking to be employed; usually subsidized by some sort of governmental aid benefits, i.e. Unemployment, SSI/Disability
Helen: "my California adventure is drawing to a close and I will be heading back home one week from today"

Don: "Funemployment vacation over, sad"
by DMBGirl1122 February 3, 2010
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