There has been much talk about the US becoming more like Europe. The data on employment does not show it. while both Europe and the US have been hard hit by the Great Recession, the response in labor markets is very different. There can be arguments on whether unemployment is a useful tool or measure of labor market structure, but the divergence between the US and Europe is notable. The US suffered more in the wake of the 2008 events, but the response has been much sharper. The US is seeing a declining unemployment rater while Europe is still moving higher. The sovereign crisis has much to do with this difference, but the crisis was an outgrowth of the Great Recession.
The "where to be born" index also shows a big change versus Europe. In 1988, the US was number one, but the current number shows that a good portion of Europe may be better off. The index may again be suspect bu there is a difference between the US and Europe.
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