The U.K. unemployment rate fell to the lowest since early 2008 in the third quarter, the Office for National Statistics said Wednesday.

The ILO jobless rate dropped to 5.3 percent in the September quarter from 5.6 percent in the prior quarter. It has not been lower since March to May 2008. The expected rate was 5.4 percent.

There were 1.75 million unemployed people in the third quarter, down by 103,000 from June quarter.

As expected, the claimant count remained at 2.3 percent in October. It has been at 2.3 percent since March.

The number of people claiming unemployment related benefits increased by 3,300 from September, which was more than the expected rise of 2,700.

Earnings including bonuses increased by 3 percent and that excluding bonuses grew 2.5 percent in three months to September. Economists had forecast a 3.2 percent increase for total pay.

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