Take a growing economy, add low unemployment, mix-in well-being and big smile: what do you have - and where is it?

FOX News Radio's Bill Vitka reports:

The happiest place on Earth is not the Magic Kingdom... It's Down Under. Australia can again claim the title of happiest industrialized nation in the world.

The Organization for Economic Cooperation and Development conducts the ranking based on criteria that includes jobs, income, environment and health. Australia has been No. 1 three years running. It's enjoyed economic expansion for 21 years straight without a recession, unemployment's 5.5%.

The second happiest place is Sweden, followed by Canada, Norway, Switzerland, and at No. 6: The United States.

Bill Vitka, FOX News Radio.