Washington (CNN) - The headline is obvious and may be omnipresent today: unemployment jumped up from 9.6 percent to 9.8 percent in November and job creation took a nose dive.
But this month's report is full of other key findings the pack might miss. Here are three:
–Finding a Job Takes Longer: On average, Americans are spending a month longer looking for work now than they did last year. In November, the average person on unemployment rolls spent 33.8 weeks or roughly eight months there. It was 29.4 weeks in November of 2009. (Remember that 6.3 million Americans are considered to be "long-term unemployed" meaning they have been jobless for 27 weeks or more.)
–More People Are Giving Up: Last month, 1.3 million people dropped off the unemployment rolls because they do not believe there are any jobs available to them. The Labor Department calls them "marginally attached" and does not count them toward the unemployment rate.
That 1.3 million figure represents a huge increase in discouraged workers, up 421,000 people from November 2009.
–Increasingly Bipolar: While we heard bleak news about November, the Labor Dept. says the previous two months were better than they thought. The agency now says a whopping 172,000 jobs were created in October, up from the first estimate of 151,000.
And while September was a net loss now the Labor Department estimates it was more mild than last thought. The Labor Department's revised figure shows jobs dropped by 24,000 that month, a less biting figure than the previous estimate of 41,000 jobs lost.
It is a time of economic shakes: November lost 39,000 jobs, October gained 172,000 and September was a loss of 24,000.
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