Wage rises beat inflation for first time in six years

Average earnings increased by 1.7% in the year to February, above the CPI inflation rate for the first time in six years.

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Unemployment falls to 2.24 million people

Unemployment fell by 77,000 between December and February to 2.24 million, official figures showed today.

The number of people claiming Jobseeker's Allowance last month also fell by 30,400 to 1.14 million, said the Office for National Statistics.

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