U.S. employers added over half a million jobs in October, beating market expectations and painting a picture of labor market recovery on more solid footing than the prior month’s dismal job creation numbers pointed to. The Labor Department’s jobs report, released Nov. 5, shows that non-farm payroll employment rose by 531,000 last month, substantially above consensus forecasts of 425,000, while the unemployment rate edged down 0.2 percentage points to 4.6 percent. U.S. and European stocks resumed their rally, and the dollar continued gains over major peers, after the jobs data surprised to the upside. “The October employment report is broadly positive, including a decline in the unemployment rate, and a recovery for payrolls growth,” Bankrate senior economic analyst Mark Hamrick said in an emailed statement to The Epoch Times. “Along with the solid payrolls number, there were upward revisions for August and September, which were initially disappointing,” he added. Last month’s jobs report …