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Unemployment By the Numbers

U.S. unemployment is considered high at 7.5 percent. But it’s better than the European Union, where jobless rates are at 11 percent.

Unemployment By the Numbers - Infographic
U.S. unemployment is considered high at 7.5 percent. But it’s better than the European Union, where jobless rates are at 11 percent.

 

Today we take a look back at one of our previous infographics, which shows us that despite our own high unemployment rate, sometimes it’s all about perspective.

The U.S. unemployment rate hovered at 7.5 percent in April, down from its recession peak, but still historically high. Compare that figure to Europe, though; the European Union was at 11 percent unemployment, up from 10.3 percent a year prior.

The EU nations with the highest current unemployment are Greece at 27 percent – and Spain with 26.8 percent.

At the other end of the scale in the EU, Austria posted 4.9 percent unemployment in April. Germany was at 5.4 percent.

 

Source

http://www.facethefactsusa.org/facts/unemployment-numbers-us-vs-world