The post is titled "America's True Unemployment Rate," so it does make sense in this case to assume were talking about USA. I certainly was in my comment above.
Fair point about your comment, I'm just trying to make my point based on the original generalization I replied to: Part of it is simply wrong even for the US (see siblings), and the rest cannot stand as a generalization for the rest of the world, which "any statistics about students" doesn't account for.