'Cost of living still a pressure' says Labour's Rachel Reeves
16 April 2014 Last updated at 11:26 BST
The number of people out of work in the UK has fallen by 77,000 to a five-year low of 2.24m in the three months to February, according to official figures.
The unemployment rate now stands at 6.9% of the adult working population, the Office for National Statistics has said.
Average earnings in the three months to February grew 1.7% compared with the year before.
Shadow Secretary of State for Work and Pensions Rachel Reeves said it was welcome news, but the cost of living was still a problem for many households.