00:00Unemployment has fallen to its lowest level in more than a year, but job vacancies have
00:06dropped to a five-year low.
00:07Official figures put the jobless rate at 4.7% for the three months to August, down from
00:134.9%.
00:15Regular wage growth rose to 3.7% and was 0.8% higher after inflation.
00:22However, vacancies fell by 21,000 to 691,000 in the three months to September.
00:30The statistics office says smaller businesses account for much of the fall, citing higher
00:35employment costs.
00:36It says the wider labour market remains broadly flat, while total pay growth has slowed to its
00:42lowest rate in nearly six years.
