The aim of this paper was to understand from the perspective of unemployed youth how young people cope with the status of unemployment and what consequences young people state that unemployment has left on their lives. For a clearer understanding of social exclusion, Kronauer's model was used, which describes social exclusion through six dimensions. Qualitative research was conducted with the method of semi-structured interviews with ten unemployed young people, and the questions related to three topics (youth and labor market determinants, the impact of unemployment on physical and mental health, quality of life) in order to obtain a clear an insight into the consequences of unemployment on their lives. The concepts obtained by analyzing the answers are argued with the verbatim statements of the respondents. The results of the research show that unemployment left the biggest mark on economic exclusion among unemployed young people. They do not feel socially isolated because they have good support from family and friends, but unemployment has had consequences on the organization and spending of free time, physical and mental health. As a sample, they attribute their unemployment to a poor offer of jobs, unrealistic conditions of employers, great competition, but also to their own pickiness. For them, employment would mean a better quality of life, financial independence, assimilation in society and on the labor market.