"I fairly often encounter people who believe that Europe suffers from mass unemployment and has lagged far behind the United States technologically. But this view is decades out of date. At this point adults in their prime working years are actually somewhat more likely to be employed in major European nations than in America. Europeans also know all about information technology, and productivity — gross domestic product per hour worked — is virtually the same in Europe as it is here."
https://www.nytimes.com/2024/01/30/opinion/europe-economy-problems-policy.html