October surge in hiring lowers veterans’ unemployment to 2.7%

The jobless rate for veterans fell to a stunning 2.7% in October as employers added 165,000 hires, far exceeding market estimates of 60,000-65,000 non-farm jobs, according to the monthly jobs report from the Bureau of Labor Statistics.

The overall jobless rate ticked down from 4.2% in September to 4.1%, BLS said, while the jobless rate for all veterans fell from 3.5% in September to 2.7%….