Today's unemployment data, which showed that the U.S. economy shed 125,000 jobs in June, wasn't pretty. And, not surprisingly, it was roundly trashed by the financial blogosphere -- Ezra Klein called it "brutal"; Megan McArdle said it was "dismal."
But beyond the headline figure of 125,000 lost jobs and an unemployment rate that dipped slightly to 9.5 percent are some even more discouraging signs. The following charts from blog stalwarts like Brad Delong and Calculated Risk suggest the underlying fundamentals in the unemployment market are far worse than the headlines imply. Check them out below: