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funemployment 

The condition of a person who takes advantage of being out of a job to have the time of their life.
I spent all day Tuesday at the pool; funemployment rocks!
funemployment by Mr. Brief August 24, 2006

FUnEMPLOYMENT 

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..."
FUnEMPLOYMENT by Watzamatoni December 17, 2011

funemployment 

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.
Man, I love funemployment

Funemployment 

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.
Funemployment by Kenny5 June 17, 2009

Funemployment 

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.
Funemployment by jburr843 November 3, 2010

funemployment 

A period of fun, after losing one's job, living on state funded benefits which will eventually run out. Best not to milk funemployment too much.
When people are having the time of their life living on funemployment, they should keep in mind the longer they remain unemployed the more difficult it will be to find a job. And the period after funemployment is anything but fun.