By Jonathan Davies

The rate of unemployment in the UK fell to 6.2% in the three months to the end of July, according to the Office for National Statistics (ONS).

It's the lowest unemployment rate since 2008. The number of unemployed people fell by 146,000 to 2.02 million.

The number of people claiming Jobseeker's Allowance also fell below one million in August, the first time it's been below the one million mark in six years.

But there was more bad news for wages, which grew by far less than inflation. Pay, excluding bonuses, was up 0.7% compared to the 1.5% rate of inflation. Pay including bonuses was up 0.6%.

Responding to the figures, Chancellor George Osborne tweeted: "Today's employment stats mark another step towards full employment. But still much more to do."

But Labour's shadow employment minister Stephen Timms said: "Today's fall in overall unemployment is welcome, but the new figures have shown working people are seeing their pay falling far behind the cost of living.

"Pay excluding bonuses today is the lowest on record. Under this government wages after inflation have already fallen by over £1,600 a year since 2010 and by next year working people will have seen the biggest fall in wages of any Parliament since 1874."

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