Employment in October surged by the most this year, wage growth accelerated and the jobless rate fell to 5 percent, signs of labor-market durability Federal Reserve policy makers are looking for as they consider a year-end boost in borrowing costs. The addition of 271,000 jobs exceeded all estimates in a Bloomberg survey of economists and followed a revised 137,000 gain in September, a Labor Department report showed Friday. The median forecast called for a 185,000 advance. Average hourly earnings climbed from a year earlier by the most since July 2009. (full story)