US employers add 214K jobs in Oct.; jobless rate falls to 5.8 pct.

WASHINGTON (AP) -- The government said Friday that employers added a solid 214,000 jobs in October, extending the healthiest pace of hiring in eight years.<br /> <br /> The Labor Department also said 31,000 more jobs were added in August and September than it had previously estimated. Employers have now added at least 200,000 jobs for nine straight months, the longest such stretch since 1995.<br /> <br /> The burst of hiring lowered the unemployment rate to 5.8 percent from 5.9 percent. It's lowest rate since July 2008.<br /> <br />

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