Skip to: Content
Skip to: Site Navigation
Skip to: Search

Paper Economy

Unemployment report shows economy still stuck in low gear

Unemployment report shows the US economy still stuck in low gear. Today’s numbers show a situation potentially even worse than the early 1980s, considered by some to be the worst period of unemployment behind the Great Depression.

By Guest blogger / July 6, 2012

This chart shows number of unemployed American civilians, in the thousands, who have been without work for 27 weeks or more, as charted between 2000 and 2012. Today's unemployment report shows a still-sluggish economy.



Be sure to bookmark the "Scary Unemployment Dashboard"... it's live.
Today's employment situation report showed that conditions for the long term unemployed generally improved in June but remained epically distressed by historic standards.

Skip to next paragraph

Writer, The PaperEconomy Blog

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.

Recent posts

Workers unemployed 27 weeks or more declined to 5.370 million or 41.9% of all unemployed workers while the median number of weeks unemployed declined to 19.8 weeks and the average stay on unemployment climbed to 39.9 weeks.
Looking at the chart below you can see that today’s sorry situation far exceeds even the conditions seen during the double-dip recessionary period of the early 1980s, long considered by economists to be the worst period of unemployment since the Great Depression.

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on

  • Weekly review of global news and ideas
  • Balanced, insightful and trustworthy
  • Subscribe in print or digital

Special Offer


Doing Good


What happens when ordinary people decide to pay it forward? Extraordinary change...

Danny Bent poses at the starting line of the Boston Marathon in Hopkinton, Mass.

After the Boston Marathon bombings, Danny Bent took on a cross-country challenge

The athlete-adventurer co-founded a relay run called One Run for Boston that started in Los Angeles and ended at the marathon finish line to raise funds for victims.

Become a fan! Follow us! Google+ YouTube See our feeds!