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Osborne: Job is not done but our plan is working

Chancellor George Osborne wrote on Twitter following the "fastest fall in unemployment on record":

UK 'within a whisker' of highest-ever employment rate

ITV News Economics Editor Richard Edgar reports:

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PM hails 'biggest-ever fall in unemployment in history'

Prime Minister David Cameron has hailed the "biggest-ever fall in unemployment in history".

Cameron wrote on Twitter:

Unemployment falls below 2 million for first time since 2008

Unemployment fell by 154,000 in the quarter to August to 1.97 million, official figures released today showed.

It was the first time unemployment figures had dropped below two million since 2008.

The number of people claiming Jobseeker's Allowance last month also fell by 18,600 to 951,900, the Office for National Statistics said.

Average earnings increased by 0.7% in the year to August - up 0.1% on the previous month.

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