The 10 Countries With The Highest Unemployment Rates
America's unemployment rate remains stubbornly high at 7.8 percent, according to the latest Bureau of Labor Statistics, released in December 2012. But that figure represents a vast improvement from the worst of the recession, when the tally stood at 10 percent in October 2009.
But believe it or not, many other countries in the developed world are struggling far more, as the financial crisis was a global one, according to statistics from the Organization for Economic Co-operation and Development. The OECD, which tracks employment rates in 34 industrialized nations, including the U.S., finds many other countries with higher unemployment rates -- with one as high as 21 percent.
Here is the list of the 10 countries with the highest unemployment rate.
1. Spain (21.8 percent)
2. Greece (17.9 percent)
3. Ireland (14.6 percent)
4. Slovak Republic (13.6 percent)
5. Portugal (13.4 percent)
6. Estonia (12.7 percent)
7. Hungary (11.0 percent)
8. Turkey (10.0 percent)
9. Poland (9.8 percent)
10. France (9.3 percent)
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Dan Fastenberg was most recently a reporter with TIME Magazine. Previously, he was a writer for the Thomson Reuters news service's Latin America desk. He was also a reporter and associate editor for the Buenos Aires Herald while living in South America.
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