07/08/2012 10:55 am ET Updated Sep 07, 2012

Ten Countries Where Young People Can't Find A Job: 24/7 Wall St.

Unemployment in the European Union hit a record high in May. According to data provided by Eurostat, the unemployment rate in the 17 EU economies hit 11.1%, up from 10% the year before. There are now a quarter of a million more unemployed people in Europe than there were a year ago. During that period, the unemployment rate in those countries for those 25 and younger jumped from 20.5% to an unbelievable 22.6%. Meanwhile, in the United States, the youth unemployment actually fell from 17.2% to 16.1%.

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