The responses of 100 unemployed people to an open‐ended question about their current experiences were content analyzed to yield assessments of their current experiences. The experiential elements of Set 1 were uncertainty, anxiety, depression, anger (directly and indirectly expressed), good feelings, helplessness, competence, and alienation. Set 2 consisted of an expansion of the anxiety element, and Set 3, of the alienation element. When their scores were compared with those of a relatively low stress group, on the one hand, and a relatively high stress group, on the other, a pattern of emotional reaction to unemployment was identified. They exhibited more anxiety, depression, anger (directly expressed), helplessness but also competence, and alienation (Set 1). They also revealed more loneliness, guilt, and shame than the others (Set 2). Their alienation proved to extend across all types of relationships measured (Set 3). The relevance of demographic factors, financial responsibilities and unemployment‐related variables in predicting patterns of reaction to unemployment was also examined. The reaction of younger unemployed people was dominated by anxiety and directly expressed anger which were not so prominent for older people. Young girls experienced much loneliness and shame, not found in older men. Age and sex proved to be important factors, as did financial responsibilities. Unemployed people with dependent children and greater rental commitments showed much alienation as well as anxiety and anger. Employment‐related factors, such as length of unemployment, did not appear to be related to any particular pattern of reaction.