The latest data shows euro zone unemployment was 12.1% in November. The U.S. unemployment rate was 7% in the same month.
Unemployment in the the 17-member euro zone region was stuck at 12.1% in November, according to the latest Eurostat figures -- it hasn't budged from this level since April.
Meanwhile, U.S. unemployment has been slowly and steadily declining, with unemployment at 7% in the same month.
On Wednesday, payroll processor ADP reported the U.S. added 238,000 private-sector jobs in December, a significant jump that points to continued improvement in the nation's job market.
In Italy, the latest unemployment rate of 12.7% is the highest since record-keeping began in 1977.
But there's growing hope in other European countries that the worst is behind them.
Ireland recently emerged from its bailout program, providing a rare piece of good news for European policymakers.
In the U.K., unemployment is declining and the economy has been rebounding. After teetering on the brink of a triple-dip recession earlier in 2013, a surge in consumer spending and rising house prices led to a dramatic turnaround.
|The medical marijuana ad that never aired, despite contrary media headlines|
|2 million students missing out on college aid|
|China to fight pollution with drones|
|GM raising Corvette prices|
|Boeing reports wing cracks on Dreamliners|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.37%||4.31%|
|15 yr fixed||3.40%||3.32%|
|30 yr refi||4.38%||4.31%|
|15 yr refi||3.39%||3.32%|
Today's featured rates: