a happy time in one's life when one is not employed and is not wanting to be employed

The condition of a person who takes advantage of being out of a job to have the time of their life.

To be unemployed and collecting unemployment, welfare, SSI or other means of income from government. This is especially true if you are on unemployment, and obtaining benefits with no desire to try and find a new job. Instead, the time is used to do other things, like travel, chill, etc.

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