Dueling headlines: unemployment ups and downs

From The Plain Dealer online here:

U.S. adds 204,000 jobs, 

jobless rate up to 7.3 percent

From Breitbart Big Government:

720K AMERICANS LEAVE LABOR FORCE IN OCTOBER

And at Gateway Pundit, a very sad chart of the Labor Force Participation Rate:

The US labor force participation rate, plunged from 63.2% to 62.8% in October. Zero Hedge added that the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October. It is the lowest participation rate since 1978 – during the Carter years.