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Unemployment figures down 35,000 to 1.83 million people

Employment figures published Wednesday showed another fall in unemployment to 1.83 million people - down 35,000.

This means that 5.5% of the working population of the UK are out of work - the lowest figure for seven years. Wages excluding bonuses were up 2.2%.

However, the good news was tempered by a more pessimistic outlook from the Bank of England.

It cut its forecasts for economic growth, wages and productivity.

Robert Peston reports.

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