Yes, if your having financial hardship as a result of being unemployed, that would qualify as an eligible emergency expense.
Beginning with this year, if your employer plan allows for it, you can withdraw up to $1,000 from your 401(k) per year for emergency expenses, which the Secure 2.0 Act defines as "unforeseeable or immediate financial needs relating to personal or family emergency expenses." There is no early withdrawal penalty, but you will have to pay income taxes. You do have the option to repay the distribution within three years. No additional withdrawals will be permitted until you've fully repaid your distribution.
[Edited 02/25/2025|10:18 pm PST]
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