Data released by the Euro zone statistical office shown that one out of 10 people in 17 Countries Zone is unemployed. The unemployment rate is increasing and has touched a new high. This is the highest since the birth of Euro in 1998. The main reason of rising unemployment is obviously the Debt crisis being faced by its member Countries Government .Disparities exist even among member Countries. Highest rate of 22% is in Spain and lowest rate 4% is seen in Austria. Critical fact is that 50% of the people of below 25 years in Spain are unemployed which may create serious challenges for future growth of such Country. In such a situation respective Government are having top task in hand to boost the Economy to provide employment to as many as possible and particularly the younger generation. Such high unemployment rate has its own side impact which can create complication
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