VIDEO: Tina Fey on Being Unemployed, Her "Sweatpants-Mandatory" Oscar Party

We know Tina Fey won't be hosting the Oscars anytime soon — but that doesn't mean she won't be watching them at home.

For this year's broadcast, Fey "had a sweatpants-mandatory Oscars party," she told David Letterman during an appearance on The Late Show Wednesday.

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The 30 Rock creator and star reiterated her refusal to ever host the show though. "For a woman, just the amount of dresses that you would have to try on, it's a dealbreaker," she tells Letterman. "I'm out."

Now that 30 Rock has ended, Fey tells Letterman she keeps up with her castmates Tracy Morgan and Alec Baldwin through Google Alerts. "I feel OK. I'm unemployed," Fey quipped. "The fact that we did seven years of [the show] and finished it and nobody went to jail is a great source of pride."

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Now, Fey tells Letterman, she's focusing on spending time with her husband and two daughters, and also getting in random arguments with strangers in places like Dunkin' Donuts and Magnolia Bakery.

Watch Fey's full interview below: