Courtesy of Mish.
Here are some unemployment charts I put together via Ycharts.
Youth Unemployment Rates US vs. Europe
Spain and Greece have youth unemployment over 50%. Germany, at 7.9%, has the only youth unemployment rate under 10%. US has second-best 16.8%, nothing to brag about except in relative terms.
Unemployment Rates US vs. Europe
Once again, notice the tight clustering at the start of the recession vs. the huge spreads today. As with youth unemployment, Spain and Greece lead the pack with overall unemployment rates above 25%.
Youth Unemployment Rate Percentage Change US vs. Europe
In percentage terms, Germany is the only country with falling youth unemployment. US youth unemployment is up 58.56% in five years.
Unemployment Rate Percentage Change US vs. Europe
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