The purpose of this study is to examine how different risk factors on the labour market affect an individuals’ perceived unemployment risk and how this perceived risk is affected depending on what country you work in. By comparing countries, a difference can be made on, depending on the countries labour policies and the state of their welfare, how they are affecting your perceived unemployment risk. The countries used in this study are Sweden, Denmark and Poland and the risk factors used are, gender, education level, competence and trade unions. The data for this study is taken from ISSPs surveys and the analysis method used is a bivariate and a multiple regression analysis. The result from the study show that there are differences between the countries perceived unemployment risk and how the risk factors affect this. But, because a lot of the results are non-significant, a general conclusion can’t be done because there is no certainty that the results exist outside of this study. But one thing is certain, that this is a much more complex field were general conclusions are hard to make and that the risk factors needs more and thorough studying and how the individuals perceived unemployment risk affects their mental health.