Digging into last week's employment report, Zack's Dirk van Dijk finds the rate of long-term...

|By:, SA News Editor

Digging into last week's employment report, Zack's Dirk van Dijk finds the rate of long-term unemployed is now higher than the number of short-term unemployed for the first time on record. Considering consumers cut back more the longer their work hiatus drags on, this doesn't bode well for spending.