Let's see...
If I were unemployed, to kill time, I would try to read the
newspaper every morning, listen to music, watch DVD's / Cable TV,
read books and mags and tidy up my house!
And oh, I
forgot about getting addicted to computer games and / or Club 30!

I would enjoy indulging in whatever I wanted to do for maybe 3-4
weeks, afterwhich I'd consider picking up a hobby or finding a
temporary job. I would relish taking on a job I would otherwise
never consider if I were employed, something like cashier /
customer service asst at Kinokuniya / Borders, checkout counter
personnel at Carrefour / Cold Storage / Toys 'R' Us, kitchen help,
etc. Just to keep busy and earn pocket money to survive, as well as
to discover something new. 
If money's not a problem, I would love to take up courses! It could
be those short courses at SIM, or longer ones like a diploma or an
external degree.
I think the tricky thing about unemployment is, the longer one
stays unemployed, the deeper one sinks into depression. Besides,
this being an employers' market, unfortunately, they might not
think favourably of being 'idle'. It's not fair, but I reckon it
happens. 