Out of 29 European countries (plus USA, Russia, Canada, Iceland, and Mexico), the USA ranks the 8th worst.
UPDATE JAN 8, 2010
In Europe and U.S., Data Shows a Murky Job Outlook
http://www.nytimes.com/2010/01/09/business/09globaljobs.html
UPDATE: January 10,2009
Jobless Rate in Euro Zone Is in Double Digits
http://www.nytimes.com/2010/01/09/business/global/09euro.html
In the beginning of 2000, just below 20 million persons were unemployed in the 27 countries currently forming the European Union, slightly below 9% of the labour force.
In 2000, the unemployment rate in the United States was around 4%, significantly lower than in Europe. It remained much lower until early 2008, when unemployment levels started to grow acutely. By mid-2009, the US rate had caught up with the EU rate.
Latvia
Unemployment: 19.7%
Spain
Unemployment: 19.3%
Lithuania
Unemployment: 13.8%
Estonia
Unemployment: 13.3%
Ireland
Unemployment: 13%
Slovakia
Unemployment: 12%
Russia
Unemployment: 10.2%
USA
Unemployment: 10%
France
Unemployment: 10%
Hungary
Unemployment: 9.7%
Portugal
Unemployment: 9.2%
Greece
Unemployment: 9.2%
Sweden
Unemployment: 8.7%
Finland
Unemployment: 8.6%
Canada
Unemployment: 8.5%
Poland
Unemployment: 8.2%
Belgium
Unemployment: 7.9%
United Kingdom
Unemployment: 7.8%
Germany
Unemployment: 7.6%
Bulgaria
Unemployment: 7.6%
Italy
Unemployment: 7.4%
Malta
Unemployment: 7.2%
Iceland
Unemployment: 7.1%
Czech Republic
Unemployment: 7.0%
Luxembourg
Unemployment: 6.6%
Romania
Unemployment: 6.4%
Mexico
Unemployment: 6.4%
Denmark
Unemployment: 6.4%
Slovenia
Unemployment: 5.9%
Cyprus
Unemployment: 5.9%
Austria
Unemployment: 4.8%
Netherlands
Unemployment: 4.8%
Switzerland
Unemployment: 4.2%
Norway
Unemployment: 3.2%
Source / Forbes: http://www.forbes.com/2009/11/16/europe-unemployment-rates-lifestyle-lifestyle-best-worst-spain.html
The International Monetary Fund and European Union are Bullies
Worst unemployment in Europe - Latvian at 19.7% - Government gives in to EU Pressure
The government of Latvian was forced by the International Monetary Fund, European Union and other lenders to cut 500 million lats from its 2009 budget as part of a €7.5 billion aid package to prop up its economy. The lenders, including Sweden whose banks have a big presence in Latvia, have been unbending in stipulating that Latvia also implements all of next year's agreed-upon cuts and keeps its 2010 budget deficit below 8.5% of gross domestic product."
According to Bloomberg News, this included a pledge to "reduce maternity benefits, cut salaries and pensions and raise some taxes to satisfy EU and IMF demands".
Latvian Prime Minister Dombrovskis informed local councils, public communications and the Riga airport about the reduced support. State authorities are already in crisis. Half of all tax offices have been closed down and the rest are working four days a week. Half the country’s hospitals have also closed.
http://socialistworld.net/eng/2009/11/1603.html
Estonians left Out of the Labor Market
Unemployment in Europe – The Failure of EU
http://www.estonianfreepress.com/2009/11/unemployment-in-europe-the-failure-of-eu-tigers/