Unemployment fell by 48,000 between July and September to 2.47 million, official figures showed today.
The number of people claiming jobseeker's allowance last month fell by 41,700 to 1.31 million, the Office for National Statistics said.
David Cameron says his economic plan is "on track" despite a Bank of England admission that interest rates could rise sooner than expected.
Today's growth forecast may seem to be good news for the Coalition, but the increasing cost of living could cause problems at the polls.
Most borrowers are not economists. Deciding whether they can afford to borrow has just become more difficult.