Sometimes it’s all about perspective. The U.S. unemployment rate hovered just under 8 percent as 2012 ended, down from its recession peak, but still historically high. Compare that figure to Europe, though; European Union nations averaged 10.6 percent unemployment in September.
The EU nations with the highest current unemployment are Spain at 25.8 percent – and Greece with 25.1 percent.
At the other end of the scale in the EU, the Netherlands posted 5.4 percent unemployment in September. Germany was at 5.8 percent.
Check out our infographic for more stats from around the world. Check out “What Do Others Say?” for more views, then add to the discussion below. Does today’s fact make you feel any better about U.S. unemployment?
