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| UK unemployment rate falls to 5.4% | UK unemployment rate falls to 5.4% |
| (35 minutes later) | |
| The UK unemployment rate fell to a seven-year low of 5.4% in the three months to August, official figures have shown. | The UK unemployment rate fell to a seven-year low of 5.4% in the three months to August, official figures have shown. |
| It was the lowest jobless rate since the second quarter of 2008 and better than a forecast of 5.5%. | It was the lowest jobless rate since the second quarter of 2008 and better than a forecast of 5.5%. |
| The number of people out of work fell by 79,000 between June and August to 1.77 million, the Office for National Statistics said. | |
| The total claiming jobless benefits rose by 4,600 to 796,200 in September. | |
| The number of people in work rose by 140,000, bringing the employment rate to 73.6% - the highest since records began in 1971. | |
| In the three months to August, workers' total earnings, including bonuses, were up 3% from a year earlier - slightly less than expected. Excluding bonuses, average weekly earnings growth slowed slightly to 2.8%. | |
| Rising pay is a factor used by the Bank of England in considering when to start raising interest rates. | |
| Wage growth remains weaker than before the financial crisis, but gathered pace faster than the Bank expected earlier this year. | |
| However, consumer price inflation in September turned negative once more, according to figures released on Tuesday. |