Ripped-up money led out of work (10)
I believe the answer is:
unemployed
'out of work' is the definition.
(similar in meaning)
'ripped-up money led' is the wordplay.
'ripped' is an anagram indicator (I've seen this in other clues).
'up'+'money'+'led'='upmoneyled'
'upmoneyled' anagrammed gives 'UNEMPLOYED'.
(Other definitions for unemployed that I've seen before include "Idle" , "Out of work" , "out of position?" .)