This book has emphasized on the current scenario of unemployment among the educated youth. Nowadays, the growth of unemployment among the educated youth is one of the critical problem in Ethiopia. Most of the young people in Ethiopia are attaining their formal education with the hope of leading a better life and to improve their livelihood. Even though, young people and their families placed their expectations and hopes on education which is associated with upward social mobility and improvement of livelihoods, but in reality most of the youth in their post schooling life have to face unemployment challenges and to remain jobless for a long period of time. Unemployment rate still existed across boundaries. One of the major problems of youth is unemployment, affecting youth from all walks of life in this modern era. Mainly, it is in urban areas the unemployment continues to be serious social problems in Ethiopia despite some improvements in recent years. The intensity of the problem is high in Addis Ababa, the prime city of the country. Therefore, this research study was conducted to assess the youth unemployment rate and its effect in case of Yeka sub- city, Addis Ababa, Ethiopia , with the goal of providing a better understanding of its prevalence. This book includes the major causes of unemployment for educated youth, and focused on the socio economic effects of unemployed educated youth. This book helps to those who work with youth welfare and youth development organizations and enriches the knowledge on youth issues. And also helps in planning the youth development programmes and promotes the qualitative services among the youth.