I had not heard the term “funemployment” before but it definitely describes how a lot of people are, er, making the most of their paid time off. Because that’s really what it is when you get unemployment “insurance” for months on end. Unemployment checks used to come from a special fund that businesses paid into (different firms pay different rates depending on how many people they lay off, among other things I’m sure). Nowadays though, it’s coming direct from good ol’ Uncle Sam. And for up to TWO years! Think how much fun you can have in that time!! Here’s an interesting post about funemployment, as reported in the LA Times (“unemployment is welcome”!!) as well as some thoughts on the NY Times referring to this as a “recession with benefits“. Maybe the writers at the NY Times actually believe that having a friend “with benefits” is a good idea and usually works out well. They would.
Recession with Benefits and “Funemployment”