Funemployment. Paycation. The Unemploymentality. Every generation has an argot to describe the confusing terrain of joblessness — the dole, deadbeat dads, UB40, and so on — and the lexicon of younger casualties in the most severe American economic downturn since World War II speaks volumes.
Here's how the blog Recessionwire defines “funemployment”: “A period of joblessness that you actually enjoy — maybe you get to lay out, sleep in, work out, read up. It helps to have savings, severance, or an unemployment check to help pay the bills. We're hearing this word used more and more, especially as people realize they may not be able to find a new job right away, so they might as well try to enjoy the time off.”